Apply For This Job

Close

Job Description

  • Post Disbursement Verifications of Loans disbursed during the preceding month.
  • The officer will do verification of 20% loan cases disbursed by the branch during previous (preceding) month. CMD will provide list of 20% of borrowers disbursements made during a month and the officer will perform post verification of said borrowers on following parameters. Keeping in view the risk profile of concerned branch, the sample may be increased by CMD.
  • To verify creditworthiness.
  • Reputation of the customer.
  • Ensure the loan was utilized for the purpose it was taken off.
  • Repayment capacity of the Borrower.
  • Ensuring the existence of borrowers and guarantor & their businesses (economic activity) through verification of home & business addresses etc. and interacting with applicants/guarantors.
  • To assess whether borrowers and guarantor know & understand important loan terms, repayment amounts, due date of repayments and guarantee concept and their obligations in case of non-payment.
  • To identify any severe nature non-compliance during verifications.
  • Report regarding the field observations to be submitted to Credit Management Department on monthly basis so as to reach the report 10th of every month.
  • Pre verification of the borrower’s credentials on need basis when required by Credit Management Department (CMD), HO.
  • Responsible to ensure that before submission of loan application and documents for approval, the case is in compliance with the bank Credit Policy & Procedures and other guidelines circulated from time to time.
  • Responsible to ensure accuracy of data input made in credit MIS from source documents related to cash flow & Loan applications.
  • Ensure prevision/attachment of positive E-CIB report of the borrower with the case.
  • On the time of onboarding goldsmiths on the branch panel, VO to verify his credentials as per the banks policy.
  • Visit the Goldsmith on the Bank panel on quarterly basis and submit the report to CMD latest by 6th of the following month.
  • Submission of all verification MIS/reports as per prescribed format to CMD on monthly basis latest by 5th of the following month.
  • Verification of the prospective BB customers if the working within functional limit of the branch.
  • Any other assignments received from Manager Credit verifications.

Job Details

Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Department:
Credit Department
Gender:
No Preference
Minimum Education:
Bachelors
Career Level:
Entry Level
Minimum Experience:
2 Years
Apply Before:
Jan 28, 2021
Posting Date:
Dec 28, 2020
Show fewer details Read full job description

What is your Competitive Advantage?

Get quick competitive analysis and professional insights about yourself
Talk to our expert team of counsellors to improve your CV!
Try Rozee Premium

Mobilink Microfinance Bank

Banking/Financial Services · 1001-1500 employees - Gujrat, Muridkay, Peshawar, Pindi Bhattian, Piplan, Sialkot, Talagang

Mobilink Microfinance Bank Limited (MMBL) is Pakistan's largest digital bank with over 20 million registered and 8 million active digital wallets. Backed by VEON Co., MMBL started operations in April 2012 and launched branch-less banking operations under the brand name JAZZCASH in partnership with P ...Read More

Similar Job Titles

External Verification Officer

Finja, Lahore, Pakistan
Posted Jan 16, 2021

Human Resource Officer

Call Courier, Lahore, Pakistan
Posted Jan 11, 2021

Compliance Officer

Call Courier, Lahore, Pakistan
Posted Dec 30, 2020

Data Extractor / Scrapper

Coding Pixel, Lahore, Pakistan
Posted Dec 29, 2020
View All