Credit Officer

Job Summary:

We are seeking a detail-oriented and analytical Credit Officer with expertise in GST analysis, ITR evaluation, and balance sheet assessment. The ideal candidate will have a strong finance background and will be responsible for evaluating creditworthiness, conducting risk assessments, and ensuring compliance with financial regulations.

Key Responsibilities:

• 1. Financial Analysis & Credit Assessment:
• • Analyze GST returns, ITR (Income Tax Returns), and balance sheets to assess an applicants financial health.
• • Evaluate loan applications based on cash flow, revenue trends, and overall creditworthiness.
• • Assess profit & loss statements, debt obligations, and working capital requirements to make informed credit decisions.
• 2. Risk Management & Compliance:
• • Conduct thorough risk assessments to minimize default risks.
• • Ensure compliance with internal credit policies, RBI guidelines, and financial regulations.
• • Identify potential bad debts and high-risk borrowers.
• 3. Loan Processing & Approval:
• • Work closely with applicants to verify financial documents and ensure accuracy.
• • Approve or reject loan applications based on data-driven analysis.
• • Collaborate with underwriting teams to structure loans effectively.
• 4. Customer Interaction & Advisory:
• • Explain credit terms, interest rates, and repayment structures to applicants.
• • Provide financial insights to customers for better loan management.
• • Assist clients in understanding financial statements and tax implications on credit.
• 5. Documentation & Reporting:
• • Maintain detailed reports on credit evaluations and loan approvals/rejections.
• • Prepare financial summaries for senior management review.
• • Ensure timely updates on loan disbursements and outstanding payments.

Required Skills & Qualifications:

• • Bachelors/Masters degree in Finance, Accounting, Economics, or a related field.
• • Strong knowledge of GST filings, ITR analysis, and balance sheet interpretation.
• • Expertise in financial ratios, cash flow analysis, and credit assessment techniques.
• • Proficiency in loan management software and financial tools (Tally, Excel, or banking software).
• • Excellent analytical, decision-making, and problem-solving skills.
• • Strong understanding of banking regulations, lending policies, and credit risk management.

Preferred Experience:

• • 2-6 years of experience in credit analysis, financial assessment, or lending.
• • Prior experience in banking, NBFCs, or financial institutions is preferred.