Standard Credit Responsibilities

A. Borrower Selection
1. Marketing : Call Report
2. Interviewing Prospective Borrowers
3. Credit Risk Analysis
4. Character, Capacity, Capital, Collateral, Condition
5. Analyzing Borrower’s Business Financials
6. Business Site and Collateral Visit
7. CIB Report
8. Local Confidential Opinion
9. Selection of Guarantors
10. Legal Consideration

B. Proposal Creation
1. Loan Pricing
2. Credit Risk Analysis
3. Visit Report
4. Third Party Valuation
5. Calculation of Working Capital
6. Proposal to HO for Approval

C. Loan Creation
1. Documentation
2. Signature Verification
3. Compliance of approved terms
4. Checking the Security Docs for error rectification.
5. Witness Fill-up
6. Software Posting
7. Legal Opinion, Letter of Satisfaction & Letter of Compliance

D. Monitoring
1. Daily Loan Listing Checking
2. Keeping Track of the borrowers
3. Visit Report
4. Trade License Renewal
5. Yearly Financials Collection
6. Stock Report Collection
7. Liability & Stock Matching Report
8. Credit Risk Grading
9. Keeping Records of Denied Loans and Reasons for Denial
10. Preparation of Loan Summary
11. Maintaining Safe-in, Safe-out register.
12. Keeping Documents in Safe-custody

E. Reporting
1. Preparing Routine Internal and External Reports
2. Preparing Exception Reports: Early Alert Report

F. Recovery
1. Reminder
2. Persuasion
3. Negotiation
 4. Legal Procedures
5. Law Suit
6. Write-off

G. Portfolio Management:
1. Determining Credit Portfolio Status
2. Analyzing Portfolio Risks
3. Analyzing Portfolio Opportunities
4. Optimizing Credit Portfolio

Required Skills For Credit Management:

1. Computer Skills – Excel is a must, try to prepare the stock report, financials etc in
excel sheet.
2. Strong Project Management Skills
3. Ability Understand and Apply Banking Regulations
4. Strong Interpersonal Communication and Negotiation Skills
5. Exceptional Organizational and Time Management Skill
6. Strong Attention to Detail