Product: SME / Business Loan
Role: DO Loan Appraisal (finance appraisal + reference checks) (This job involves visiting the customers at his place of business. Completing Neighbourhood Reference Checks. Travel will be reimbursed. Should be able to comprehend the importance of Sales and Purchase / Inventory levels /Inventory Turnover in financial appraisal. Ideal candidates should be from or have worked in the MSME segment. Exposure to Dairy segment would be preferable.) Coordinate with Central Credit Team for effective implementation of Credit Policy on the Field. Responsible for managing the credit quality of loans origination and Branch Operation Risks.
Monitor Repayment process & trends at Branch. Manage early default delinquency (In first 6 months of loan.) Support the BM in smooth working of the Branch to enable: Day to day administering of the Branch. Report & Mange customer & field discipline issues. Responsible for Implementing and Monitoring a robust compliance on operations processes. Conduct Field Training of Loan Advisor on Credit and Operation Processes to reduce errors and work closely with BM.
Salary: INR 1,25,000 - 2,00,000 PA.
Industry: Banking / Financial Services / Broking
Functional Area: Financial Services, Banking, Investments, Insurance
Role Category: Retail/Personal Banking
Role: Credit Officer
Employment Type: Full Time, Permanent
Aye Finance (P) Ltd
Aye Finance is a new age finance company that provides business loans to the small and micro enterprises across India. Finance Requirement of this segment has been estimated to be over Rs 5 trillion and most of the Banks and traditional finance companies do not address this demand due to operational constraints.
We use innovative credit appraisal methodology coupled with use of modern workflow automation to make this segment accessible to organized lending. The Company is backed by three reputed Venture Capital Funds - Accion International, LGT Ventures and SAIF Partners. And is managed by a team of professionals with exemplary careers in Banking Finance and leading businesses in India. The Company is headquartered in Gurgaon with 72 branches, has over 1000 employees.