Loan Executive

Job highlights

• Bachelors degree in Finance,Banking,or related field. 2+ years of experience in loan processing or banking. Strong knowledge of banking procedures and loan documentation.
• Required Qualifications
• Familiarity with real estate financing is preferred.

We are seeking a detail-oriented and efficient Loan Executive to join our team in Bengaluru.
This role involves managing the complete loan processing cycle, from customer allocation to
final approval, while ensuring excellent customer service and timely completion of all
loan-related activities.
Key Responsibilities
Customer Allocation
Receive and process customer loan requirements.
Assign customers to appropriate loan officers within 24 hours.
Maintain accurate allocation records.
Bank Coordination
Identify and evaluate suitable banks based on customer loan requirements.
Liaise with banks to discuss loan options and verify eligibility.
Submit and follow up on preliminary customer details.
KYC and Documentation
Collect and verify KYC and supporting documents from customers.
Ensure accuracy and completeness of all submitted documents.
Complete KYC verification process within 48 hours.
Loan Application and Processing
Prepare and submit loan applications to selected banks.
Track application status and maintain regular communication with banks.
Initiate alternative bank applications if needed.
Keep customers informed about application progress.
Customer Communication
Provide weekly updates to customers regarding loan application status.
Respond to customer inquiries within 24 hours.
Communicate final loan decisions to customers and CRM Department.
Process Management
Monitor and track loan application timelines.
Escalate delays to Loan Department Manager for resolution.
Update internal tracking systems daily.
Prepare and submit weekly status reports.
Required Qualifications
Bachelors degree in Finance, Banking, or related field.
2+ years of experience in loan processing or banking.
Strong knowledge of banking procedures and loan documentation.
Familiarity with real estate financing is preferred.
Essential Skills
Excellent understanding of KYC norms and banking procedures.
Strong attention to detail and documentation skills.
Superior communication and customer service abilities.
Proficiency in loan processing software and MS Office.
Good time management and organizational skills.
Ability to work under pressure and meet deadlines.
Strong problem-solving and negotiation abilities.