Universal Fingrowth Head Credit Risk Interview Questions and Answers

Basic maths and common science exam

Q1. Inroduce urself
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Q2. What is loan procurement
Ans. 
Loan procurement is the process of obtaining a loan from a financial institution or lender.
• Involves submitting an application for a loan

• Includes providing necessary documentation such as income verification and credit history

• May require meeting certain eligibility criteria set by the lender

• Can involve negotiating loan terms and interest rates

• Examples: applying for a mortgage, car loan, or personal loan
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Q1. About Ratio Analysis specifically DSCR , Leverage , Quasi equity
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Q2. About product knowledge and industry knowledge
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Q1. Types of liability
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Types of liability include current liabilities, long-term liabilities, contingent liabilities, and deferred liabilities.
• Current liabilities are debts due within one year, such as accounts payable and short-term loans.

• Long-term liabilities are debts due in more than one year, such as bonds payable and long-term loans.

• Contingent liabilities are potential liabilities that depend on a future event, such as warranties and l...read more
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Q2. Types of assets
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Assets can be classified into tangible and intangible assets.
• Tangible assets include physical items like property, equipment, and inventory.

• Intangible assets include intellectual property, patents, trademarks, and goodwill.
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Q3. Advance Excel knowledge
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Q4. Excel Vlookup & pivot table
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Q5. Different between gross profit and net profit
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Gross profit is total revenue minus cost of goods sold, while net profit is gross profit minus operating expenses and taxes.
• Gross profit = Total revenue - Cost of goods sold

• Net profit = Gross profit - Operating expenses - Taxes

• Gross profit is the amount of money a company makes from selling goods or services before deducting expenses

• Net profit is the amount of money a company has left after deducting all expenses from
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Q6. Advance excel formula
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Advance excel formula refers to complex functions and calculations used in Excel to manipulate data.
• Advanced excel formulas include VLOOKUP, INDEX-MATCH, SUMIFS, COUNTIFS, etc.

• These formulas are used to perform complex calculations, lookups, and data analysis.

• For example, VLOOKUP is used to search for a value in a table and return a corresponding value from another column.
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Q1. What is your previous work process.
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Q2. What is the maximum limit of loan you deals with.
Ans. 
As a Credit Risk Analyst, I typically deal with loan limits ranging from $10,000 to $1,000,000 depending on the client's creditworthiness.
• Loan limits can vary based on the client's credit score, income, and financial history.

• I have experience analyzing and approving loans ranging from small personal loans to large commercial loans.

• The maximum loan limit I have dealt with is $1,000,000 for a commercial real estate proje...read more
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Q1. What do you know about Shriram Finance
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Shriram Finance is a leading non-banking financial company in India, specializing in vehicle financing.
• Established in 1974

• Offers a wide range of financial products including loans for commercial vehicles, passenger vehicles, and construction equipment

• Has a strong presence in rural and semi-urban areas

• Part of the Shriram Group, a prominent conglomerate in India
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Q2. What is your basic understanding of Credit Analyst
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Credit Analyst assesses the creditworthiness of individuals or companies by analyzing financial data and determining the likelihood of repayment.
• Evaluate financial data such as income, assets, debts, and credit history

• Assess risk factors and determine credit ratings

• Make recommendations on credit limits and terms

• Monitor and review credit accounts for potential risks

• Communicate findings and recommendations to management
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Q1. What about your self
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Q2. My name is Ashok I had completed my graduation in rayala seema university
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Q1. What is your previous work experience
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Q1. Company basic knowledge & hard work honesty
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Q2. Wher is Location previous company experience total experience
Ans. 
I have previous experience as a Credit Manager in Mumbai with a total of 5 years of experience.
• Previous company experience as a Credit Manager in Mumbai

• Total experience of 5 years

• Experience in managing credit risk, analyzing financial statements, and evaluating creditworthiness
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Q1. What is your past experience ?
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I have 5 years of experience as a Credit Manager in a leading financial institution.
• Managed a portfolio of over 500 clients, ensuring timely collection of payments

• Analyzed creditworthiness of potential clients and recommended appropriate credit limits

• Implemented credit control procedures to minimize risk and reduce bad debt

• Negotiated payment terms and settlements with delinquent customers

• Collaborated with sales and fin...read more
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Q2. Are you ready and comfortable to do work on extreme hours?
Ans. 
Yes
• Yes, I am ready and comfortable to work on extreme hours.

• I understand that the role of a Credit Manager may require working long hours to meet deadlines or handle urgent situations.

• I have previous experience working on flexible schedules and have successfully managed high-pressure situations.

• I am committed to delivering results and ensuring the smooth functioning of credit operations, even if it means working outsid...read more
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