WritingJob Description: Credit Officer – Bajaj Finance

Company: Bajaj Finance

Job Title: Credit Officer

Department: Credit and Risk Management

Industry: Banking, Financial Services and NBFC

Experience: 1–4 Years

Qualification: Graduate in Finance, Commerce, Economics, or a related field

Job Type: Full time

About Bajaj Finance

Bajaj Finance is a leading Indian non-banking financial company (NBFC) offering a wide range of financial products, including consumer finance, personal loans, business loans, and other lending solutions. The company focuses on providing accessible financial services while maintaining responsible lending practices and effective risk management.

Job Summary

Bajaj Finance is looking for a detail-oriented and analytical Credit Officer to evaluate loan applications, assess customer creditworthiness, verify financial and KYC documents, and identify potential credit risks. The candidate will be responsible for reviewing customer financial information, ensuring compliance with internal credit policies, and supporting timely and accurate loan processing.

The ideal candidate should have experience in credit assessment, loan processing, banking operations, or financial services, along with strong analytical skills and proficiency in MS Excel.

Key Responsibilities

- Loan Application Review: Review loan applications and supporting documents to ensure completeness, accuracy, and eligibility.
- Credit Assessment: Evaluate customer creditworthiness based on financial information, income details, repayment capacity, and applicable credit criteria.
- Financial Analysis: Analyze customer income, bank statements, financial records, and other relevant information to assess repayment ability.
- KYC Verification: Verify Know Your Customer (KYC) documents, identity proofs, address proofs, and other required documentation.
- Credit Risk Assessment: Identify potential credit risks, inconsistencies, repayment concerns, and other factors that may affect lending decisions.
- Credit Bureau Analysis: Review credit bureau reports and repayment history, where applicable, to support credit evaluations.
- Loan Processing:



Coordinate with relevant teams to ensure loan applications are processed accurately and within defined turnaround times.
- Policy Compliance: Ensure credit assessments and documentation comply with internal lending policies, eligibility criteria, and applicable regulatory requirements.
- Fraud Risk Identification: Identify suspicious documents, discrepancies, or unusual application patterns and escalate them through established procedures.
- Team Coordination: Coordinate with sales, operations, verification, and risk management teams to resolve application-related issues.
- Credit Documentation: Maintain accurate loan assessment records, verification details, approval notes, and supporting documentation.
- Reporting and MIS: Prepare credit reports, application status updates, and other management information system (MIS) reports as required.
- Data Management: Use MS Excel and internal lending systems to organize customer information, track applications, and support credit analysis.
- Turnaround Time Management: Process assigned applications within defined timelines while maintaining assessment quality and accuracy.

Candidate Requirements
- Graduate in Finance, Commerce, Economics, Business Administration, or a related discipline.
- 1–4 years of experience in credit assessment, loan processing, banking operations, or financial services.
- Experience in the BFSI or NBFC sector is preferred.
- Knowledge of credit assessment, lending procedures, KYC verification, and loan documentation.
- Understanding of credit bureau reports, repayment capacity, and basic financial analysis.
- Proficiency in MS Excel, including formulas, sorting, filtering, and data analysis.
- Strong analytical, numerical, and problem-solving skills.




- High attention to detail and ability to identify discrepancies in financial records.
- Good written and verbal communication skills.
- Ability to coordinate with cross-functional teams and manage multiple applications.
- Understanding of confidentiality requirements and responsible handling of customer financial data.

Required Skills
- Credit Analysis and Credit Assessment
- Loan Application Processing
- Customer Creditworthiness Evaluation
- Credit Risk Assessment
- Financial Analysis and Numerical Reasoning
- KYC and Document Verification
- Credit Bureau Report Analysis
- Banking and NBFC Operations
- MS Excel and Data Analysis
- Credit Documentation and Reporting
- Fraud Risk Identification
- Regulatory and Internal Policy Compliance
- Communication and Stakeholder Coordination
- Attention to Detail and Problem-solving

Key Performance Indicators (KPIs)
- Accuracy of credit assessments and lending recommendations.
- Timely processing of loan applications.
- Compliance with credit policies and documentation requirements.
- Accuracy of KYC and customer verification.
- Identification and escalation of potential credit risks.
- Reduction in application processing errors.
- Quality and completeness of credit records.
- Adherence to defined turnaround-time targets.

Work Environment The Credit Officer will work in a financial services environment, coordinating with sales, operations, verification, and risk management teams. The role involves reviewing loan applications, analyzing financial information, validating customer documents, and supporting responsible lending decisions. Ideal Candidate Profile The ideal candidate is an analytical and detail-oriented finance professional with practical experience in loan processing, credit assessment, or banking operations. They should be capable of evaluating customer financial information, identifying credit risks, verifying documentation, and ensuring accurate, compliant, and timely loan processing.

Pay: ₹400,000.00 - ₹700,000.00 per year

Work Location: In person

📌 Credit Officer (Pune)
🏢 VISUDH AJIVAM
📍 Pune