What Jobs are available for Loan Officers in Mumbai?
Showing 3 Loan Officers jobs in Mumbai
Gold Loan Officer
Posted 13 days ago
Job Viewed
Job Description
A Gold Loan Officer plays a crucial role in the lending process against gold collateral, ensuring both customer satisfaction and risk mitigation for the financial institution.
About the Role
The Gold Loan Officer is responsible for overseeing the process of granting loans against gold collateral. This includes evaluating the gold's purity and value, processing loan applications, managing the gold collateral's security, and ensuring compliance with all policies and regulations. The role requires a blend of financial acumen, meticulous attention to detail, and strong customer interaction skills.
Responsibilities
- Gold Appraisal and Valuation:
- Conduct physical verification and accurate valuation of gold ornaments/articles pledged by customers.
- Determine the weight, purity (caratage), and market value of the gold collateral.
- Use gold-testing equipment to ensure accurate assessment and detect spurious or low-purity gold to mitigate risk.
- Customer Service and Sales:
- Attend to customers visiting the branch for gold loan services.
- Explain loan products, terms, conditions, and repayment options clearly and concisely.
- Assist customers with filling out loan applications and verifying required documents (KYC, etc.).
- Provide exceptional customer service to ensure a smooth and timely disbursement process (maintaining the TAT - Turnaround Time).
- Promote or cross-sell other financial products (e.g., insurance, personal loans) to potential customers.
- Loan Processing and Documentation:
- Process gold loan applications, ensuring all documentation is complete, accurate, and compliant with policy.
- Verify customer eligibility and creditworthiness as per bank guidelines.
- Handle loan disbursement and maintain proper records of all transactions.
- Manage data entry, closure, and renewal of loan accounts in the system.
- Collateral Security and Risk Management:
- Ensure the pledged gold is securely handled, packed, and stored in the bank vault/safe room following strict security protocols.
- Maintain custody of storage keys and manage safe room operations.
- Report discrepancies, attempted frauds, or suspicious activities to higher authorities immediately.
- Monitor the loan portfolio to reduce Non-Performing Assets (NPA) and follow up with customers for timely interest collection and repayment.
- Compliance and Audit:
- Adhere strictly to all internal policies, processes, external financial regulations, and KYC guidelines.
- Assist with and ensure zero discrepancies during internal and external audits (IAD/FCU).
- Close any issues pointed out in audits within the stipulated timeframe.
Qualifications
- Education: Typically a Bachelor's degree in any field, preferably in Finance, Business Administration, or a related field.
- Experience: Proven experience in banking or financial services, often 1-3 years, preferably in gold loans or a related lending/appraisal function.
Required Skills
- Strong knowledge of gold evaluation and testing techniques.
- Excellent customer service and communication (verbal and written) skills, particularly in the local language.
- High sales orientation and lead generation/conversion skills to meet targets.
- Detail-oriented with strong analytical abilities for financial analysis and risk assessment.
- Familiarity with loan processing software and documentation management.
- Strong understanding of financial compliance and regulations.
Preferred Skills
- Experience as GOLD loan Officer for minimum of 1 year, Field Work Included.
Share your Updated CV through Whatsapp to Ms. Cassia (HR) :
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Officer - Loan Syndication - Transaction Manager
Posted 3 days ago
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Job Description
Transaction Management will be responsible for supporting multiple aspects of the lending lifecycle including but not limited to loan closing and servicing coordination, facilitating complex client onboarding, data management, and quality control. The team will be accountable and responsible for operational oversight of the closing and servicing of all loan transactions of the business division being supported to ensure all internal and external requirements are met.
**In this role, you're expected to** **:**
+ Contribute to the build and development team to support loan origination and lifecycle management which includes large complex syndicated and bilateral loans covering but not limited to corporate, commercial, real estate, structured lending and trade.
+ Assist with the creation of processes, standards, procedures, controls, training, and implementation of transaction management.
+ Aid in the design and implementation of technology including testing and rollout.
+ Provide training and support to transaction management staff and business constituents.
+ Partner with each of the originating and coverage business lines, credit risk, operations, legal, etc.
+ Ensure that quality of data, controls and processes performed meet internal policies and regulatory requirements/expectations.
+ Work with lines of business, transaction management, and loan operations to define and implement operational metrics and risk and control reviews to ensure all stakeholders have end to end transparency.
+ Constantly improve processes, controls and efficiencies within the group and front to back across loan lifecycle
+ Participate in projects to enhance performance and efficiency.
+ Take part in loan remediation and loan system testing / migrations.
+ Actively manage and maintain a deal closing pipeline of loan transactions.
+ Coordinate and close loan transactions/lifecycle events, capture data, store documentation, troubleshoot issues/roadblocks, perform quality control
+ Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
**As a successful candidate, you'd ideally have the following skills and exposure** **:**
+ Minimum 4-7 years of experience
+ Individual must have excellent communication, organizational and interpersonal skills.
+ Individual must work well under tight deadlines, manage priorities, and complete assigned tasks with minimal management follow up.
+ Candidate has quantitative skills with a high proficiency with Excel and other Microsoft based programs.
+ Tableau or visualization tool familiarity
+ Experience with Loan IQ, transaction capture tools, etc.
+ Keen attention to detail
+ Developed analytical and problem-solving abilities
+ Client relationship and solution skills
+ Experience within a large global team supporting wholesale lending at large financial Institution
+ Knowledge of wholesale loan (syndicated / bilateral) product and business, including an understanding of legal loan documentation, loan / funding mechanics, deal structure, funds flows, etc.
+ Experience working with clients under time constraints to facilitate a transaction or process.
+ Proven ability to collaborate with team members, Senior management, and other business constituents
+ Critical decision-making capabilities including the ability to identify, escalate, and propose solutions to problems
+ Ability to manage multiple concurrent deadlines through the practice of strong organizational and time management skills with experience in continuously following-up with various stakeholders
+ Understanding and awareness of appropriate corporate and regulatory policies in relation to Lending
+ Deep understanding of operational processes supporting Wholesale lending
+ Focus on achieving/exceeding key operating standards within a KPI/metrics driven culture
+ Ability to work in an environment where priorities are frequently changing
**Education:**
+ Bachelor's/University degree or equivalent experience
Take the next step in your career, apply for this role at Citi today
job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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**Job Family Group:**
Operations - Transaction Services
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**Job Family:**
Transaction Capture Services
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**Time Type:**
Full time
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**Most Relevant Skills**
Please see the requirements listed above.
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**Other Relevant Skills**
For complementary skills, please see above and/or contact the recruiter.
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_Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law._
_If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review_ _Accessibility at Citi ( _._
_View Citi's_ _EEO Policy Statement ( _and the_ _Know Your Rights ( _poster._
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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Commercial Loan Officer
Posted 13 days ago
Job Viewed
Job Description
Key Requirement:
Looking for professionals with 3 to 4 years of experience in Vehicle and Commercial Loan Processing with expertise in loan documentation, contract drafting, payout processing, KYC, onboarding, credit underwriting, and governance .
Responsibilities:
- Handle end-to-end processing of vehicle and commercial loans.
- Manage loan origination, onboarding (including UBO & related parties), and documentation processes.
- Draft and review loan contracts in alignment with customer requirements.
- Execute payout processing and ensure accuracy in supporting documentation.
- Evaluate and manage credit risk , underwriting, and ensure governance adherence.
- Perform credit spreading and risk analysis.
- Prepare and manage MIS reports and ensure numerical accuracy.
- Respond swiftly and professionally to customer and stakeholder queries .
- Liaise effectively with client-side stakeholders to ensure smooth processing.
- Utilize advanced skills in MS Office (Excel, Word, PowerPoint) for reporting and documentation.
- Maintain high attention to detail and operate as a collaborative team player.
- Understand and execute KYC checks, account setup , and related party onboarding .
- Be flexible in supporting on-demand client requests and priority tasks.
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