QF-Loan Processing Officer.pdf

Loan Processing Officer

  • Job DescriptionLoan Processing Officer is responsible for verifying loan application documents, forwarding the loan application form for sanction and preparing the credit memorandum. The individual at work obtains the required documents of entities and individuals, verifies the documents and the form as filled by the loan applicant and prepares the credit memorandum highlighting the eligibility and decides on forwarding the application to the sanctioning officer.
  • CodeBSC/Q2304
  • SectorBFSI
  • NSQF LevelLevel 5
  • Notional Hours250
  • Accrediting BodiesBFSI Sector Skill Council of India
  • Certifying BodiesBFSI Sector Skill Council of India
  • Proposed Occupation

    Loan Processing , Credit Appraisal

  • International Comparability

    OM Comparable

  • Progression Pathway

    After 3 to 4 years will vertically or horizontally move to credit officer or loan approval officer

  • Planned arrangements for RPL

    Not As Yet

  • Qualification File QF-Loan Processing Officer.pdf
  • Supporting Documents
  • Formal structure of the qualification
    Title of unit or other component Mandatory/ Optional Estimated size (Hours) Level
    1. Introduction to Banking and Lending Products (Corresponding NOS Code: BSC / N2311) Mandatory 30 5
    2. KYC Norms and Loan Documentation (Corresponding NOS Code: BSC / N2311) Mandatory 30 5
    3. Credit Analysis and Risk Management (Corresponding NOS Code: BSC / N2312) Mandatory 50 5
    4. Verification and Process of Loan Application (Corresponding NOS Code: BSC / N2311) Mandatory 40 5
    5. Preparation of Credit Memorandum (Corresponding NOS Code: BSC / N2312) Mandatory 40 5
    6. Communicate effectively and achieve customer satisfaction (Corresponding NOS Code: BSC / N9902) Mandatory 20 5
    7. Maintain integrity and ethics (Corresponding NOS Code: BSC / N9903) Mandatory 30 5
    8. Focus on Team Work (Corresponding NOS Code: BSC / N9904) Mandatory 10 5
    9. Process Corporate Loans (Corresponding NOS Code: BSC /N1913) Optional 20 5
    10. Process lease finance (Corresponding NOS Code: BSC / N2514) Optional 20 5