Job Overview The Credit Officer is responsible for evaluating online loan applications assessing risk ensuring compliance with regulatory guidelines and managing collections to minimize bad debts The role requires solid communication analytical skills decision-making abilities and a customer-focused approach to ensure timely recoveries Key Responsibilities Loan Processing Credit Assessment Evaluate online loan applications verify income employment and assess creditworthiness using financial statements and CIBIL reports Ensure compliance with company credit policies RBI NBFC guidelines and regulatory norms Approve or reject loan applications based on risk assessment Documentation pre-Loan Disbursement Verify KYC salary slips bank statements and other loan agreements before disbursement Assess borrowers nature and intentions for loan repayment based on online chats telephonic conversations Educate borrowers on loan terms repayment schedules and penalties Coordinate with finance teams for timely loan disbursements Identify fraud risks and report suspicious applications Collections Recovery Monitor active loans and track overdue accounts Contact borrowers via calls emails and messages to ensure timely payments Negotiate repayment plans and settlements to optimize recovery Escalate non-recoverable loans to recovery teams if necessary Customer Relationship Management Maintain strong customer relationships to improve repayment rates Address borrower queries and educate them on responsible borrowing Qualifications Skills Education Bachelor s degree in Finance Commerce Accounting or a related field Experience Preference for experience in credit assessment collections NBFC loans Technical Skills Working knowledge in MS Excel Credit bureau CIBIL reports and Bank transactions analysis Soft Skills Good analytical negotiation and communication skills Key Competencies Quick decision-making problem-solving and adaptability in dynamic financial environments Who can apply Experienced or fresher Male Female preferred candidates can apply for this vacancy Work Conditions Fixed working hours 06 days a week Job Types Full-time Permanent Pay 18 000 00 - 25 000 00 per month Benefits Paid sick time Provident Fund Education Bachelor s Required Location Dwarka Delhi Delhi Required Work Location In person

📌 Credit Officer (New Delhi)
🏢 Mahashakti Financiers
📍 New Delhi