Workassist Looking for Loan Analyst at Ranchi Patna, Bihar

Job Details

Job Type : Full Time

Role : Experienced

Min Salary : 6 Lakh

Max Salary : 12 Lakh

Experience : 2 to 7 Yrs

Locality : Patna

Eligibility : CA

Company : Private Bank Limited

Category : Banking

Note: This is a requirement for one of the Workassist Hiring Partner

Role Description

This is a full-time on-site role for a Loan Analyst at our Patna location. The Loan Analyst will be responsible for conducting loan servicing, analyzing data, evaluating loan applications, and assisting with loan underwriting. The role requires strong analytical skills and knowledge of finance and loans.

Job Summary

Responsible for diligent credit underwriting of proposals of NBFCs / FIGs as per bank policy, maintaining quality portfolio by efficient processing of all credit proposals & post disbursement credit control. Ensuring timelines in credit appraisal as per policy of the Bank. Close and effective coordination with other departments.

KEY RESPONSIBILITIES

• Conducting CIBIL and other checks and internal dedupe as per process.
• Analyzing proposals received from business/sales team and raising and resolving queries as appropriate.
• Conducting pre-appraisal senior management meetings and branch visit
• Preparation of credit appraisal memo for term loans to NBFCs / FIGs covering various key aspects of Management, Financial, Operational, Portfolio reviews and PAR, Cashflows analysis, Dedupe, etc. within acceptable TAT delivery.
• Recommend appropriate loan amount and present the loan proposal to the credit committee.
• Preparation of draft sanction letter covering all key conditions stipulated.
• Conduct loan utilization checks and monitoring visits at periodic frequency
• Follow-up with delinquent clients including assessing ongoing early warning signals of existing clients.
• Any other work assigned from time to time.

Qualifications

• Loan servicing and underwriting skills
• Strong analytical skills
• Knowledge of finance and loans
• Excellent attention to detail
• Ability to work independently and meet deadlines
• Excellent written and verbal communication skills
• Bachelor’s degree in finance, economics, or a related field
• Previous experience in loan analysis or financial industry is a plus

Company Description

Workassist is an online recruitment and employment solution providing a platform in India. We connect job seekers with relevant job opportunities and assist employers in finding the best talent across different industries and experience levels. We work with over 10,000+ recruiters from sectors such as Banking & Finance, Consulting, Sales & Marketing, HR, IT, Operations, and Legal to recruit emerging talents.

(Note: There are many more opportunities apart from this on the portal. Depending on the skills, you can apply for them as well).

So, if you are ready for a new challenge, a great work environment, and an opportunity to take your career to the next level, don’t hesitate to apply today. We are waiting for you!