Credit Risk Analyst at Sovereign Finance Limited

About the job

• Analyze active loan files on a regular basis and recommend solutions to speed up the loan process.
• Monitor and update loan records.
• Prepare a detailed Customer Appraisal Memorandum (CAM)
• Reject loan applications and explain deficiencies to Account Managers.
• Respond to applicants' questions and resolve any loan-related issues.
• Operate in compliance with laws and regulations.
• To monitor the loan quality and repayment capacity
• Re-checking the funds being utilized as per the Loan Purpose mentioned in application
• Ascertain the disbursed loan amounts are reasonable & monthly repayment within the client’s income level.
• Verifying any amendments / changes / corrections in Loan Agreement.
• Investigating Overdue & Written-off contracts and submit reports to the Functional Superior for necessary action.