Skill required: Com.Bkg- Commercial Real Estate - Commercial Loan Servicing
Designation: Banking Advisory New Associate
Qualifications:BCom/BCA/MCom
Years of Experience:0 to 1 years
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What would you do? Obtain and compile loan applicants credit histories, corporate financial statements, and other financial information, analyses applicant s financial status, credit, and property valuation. In which various layer of task involved to determine the eligibility guidelines and the valuation of loans from application to closing by supporting underwriters. Conduct detailed research on the financial history of businesses to determine their creditworthiness. Assess the risk parameters of the loan, borrower, and industry including the Financial performance of the borrower and guarantor, assessing the repayment capacity and recommending the future course of action in approving/declining/counter offer of business loans. The Corporate banking /Wholesale banking team is responsible for helping clients and organizations processes trade finance transactions by providing superior service delivery to trade customers whilst safeguarding the bank from risks associated with this business. A process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal and escrow payments from a borrower. This includes sending monthly payment statements and collecting monthly payments, maintaining records of payments and balances, collecting and paying taxes and insurance (and managing escrow and impound funds), remitting funds to the note holder, and following up on delinquencies.
What are we looking for? The role requires a good understanding of credit analysis, creditworthiness, underwriting,3rd party report validation of property, commercial lending, financial analysis, asset evaluation, and income calculation. The role may also need expertise around residential underwriting, mortgage underwriting
Roles and Responsibilities: • Commitment to quality-Your primary interaction is within your team and your direct supervisor • You will be given detailed instructions on all tasks that need to be carried out, and the decisions that you make will impact your work • You will need to be well versed with basic statistics and terms involved in the day-to-day business and use it while Submission to onshore Underwriter. • You will be working closely with project members to effectively deliver on the requirements • You will be an individual contributor as a part of a team with a predetermined focused scope of work. • Please note this role require you to work in rotational shifts, ability to perform under stringent timeline • In this role you are required to solve routine problems, largely through precedent and referral to general guidelines • Your expected interactions are within your own team and direct supervisor • You will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments • The decisions that you make would impact your own work • You will be an individual contributor as a part of a team, with a predetermined, focused scope of work • Please note that this role may require you to work in rotational shifts