RC WC UnderwritingCredit Officer BB Rural Credit

About Retail and Wholesale Credit:The Retail and Wholesale Credit department focuses on the collection of the bank’s various loan products like Home Loans, Car Loans, and Personal Loans among others. While underwriting department focuses on risk mitigation towards the loan offered to the customers. The department is key for the Loans business vertical as it is responsible for controlling and ensuring timely EMI collection and maintaining risk of the business.About the Role:The Credit Officer is responsible for the appraisal and approval of the loan application on the basis of the power delegated to the and for onward recommendation of the same to the credit team.Key Responsibilities: Appraise or underwrite the loans within defined policy guidelines and accordingly take decisions or recommend for approval to appropriate authorityAssess the income, ability, intention, and credit behavior of the applicant and verify it documents and reference checks as well as from credit bureausEvaluate all the credit risk parameters and implement measures to mitigate the samePrepare the Credit Approval Memo and manage the overall TAT and approval rateEnsure complete adherence to the laid down policy and procedure / process Qualifications:Optimal qualification for success on the job is: Diploma/ Graduation from a recognized institute Role Proficiencies:For successful execution of the job, the candidate should possess the following: Knowledge of credit, banking regulations and normsMaintain a high level of knowledge of banking products and servicesGood communication (both verbal and written) skill in both English and the local languageAbility to handle pressure and meet deadlines #ComeAsYouAre We are dil se open. Women, LGBTQIA+ and PwD candidates of all ages are encouraged to apply