Aye Finance Credit Officer Interview Questions and Answers

Field work Full information gathered in customer

Q1. Whats about pd and dpds
Ans. 
PD stands for Probability of Default and DPDS stands for Days Past Due Severity.
• PD is a measure of the likelihood that a borrower will default on a loan.

• DPDS measures the severity of delinquency in terms of days past due.

• Both are important factors in assessing credit risk and determining loan terms.

• PD is typically expressed as a percentage, while DPDS is measured in days.

• Lenders use PD and DPDS to make informed decisio
Answered by AI
Add your answer

Q1. Tell me About yourself
Ans. 
I am an experienced Credit Officer with a strong background in financial analysis and risk assessment.
• I have worked in the banking industry for over 5 years, specializing in credit analysis and loan underwriting.

• I have a deep understanding of financial statements, credit reports, and industry trends.

• I am skilled in evaluating creditworthiness, determining loan terms, and mitigating risks.

• I have successfully managed a p...read more
Answered by AI
View 1 more answer
Q2. Why you join this co
Ans. 
I joined this company because of its strong reputation in the industry and its commitment to providing excellent financial services.
• The company has a solid track record of success and is highly regarded in the industry.

• I was impressed by the company's commitment to providing excellent financial services and its focus on customer satisfaction.

• The company offers great opportunities for career growth and development.

• I bel...read more
Answered by AI
Add your answer

Q1. How do you Indentify business ownership?
Ans. 
Business ownership can be identified through legal documents, financial records, and public information.
• Reviewing legal documents such as articles of incorporation, partnership agreements, or operating agreements.

• Examining financial records such as tax returns, bank statements, or financial statements.

• Researching public information sources like business registries, trade directories, or online databases.

• Verifying owner...read more
Answered by AI
View 3 more answers
Q2. How do you Verify credit worthiness of person
Ans. 
To verify credit worthiness of a person, various factors are considered such as credit history, income, employment status, and debt-to-income ratio.
• Check the person's credit history by reviewing their credit report

• Assess the person's income and employment status to determine their ability to repay the credit

• Calculate the person's debt-to-income ratio to evaluate their financial stability

• Consider the person's existing d...read more
Answered by AI
View 1 more answer

INCOME ,EXP,NATURE OF BUSINESS

Q1. BASIC KNOWLEGE QUESTIONING ONLY ,LAST WORKING ,FAMILY DETAILS
Add your answer
Q2. FAMILY DETAILS ,WORKING BACKGROUND,
Add your answer