2+ years of experience in Underwriting for LAP products from a NBFC space only.
· Review and analyze LAP loan applications to assess the creditworthiness of borrowers
· Evaluate the borrower’s financial strength, including income, debt, assets, and credit history
· Analyze the property securing the loan to ensure that it is adequately valued and insurable
· Identify and assess potential risk factors associated with the loan, such as the borrower’s industry, the property’s location, and the current economic climate
· Make recommendations for loan approval or denial, and document the basis for all decisions
· Work with other departments, such as sales, legal, and operations, to ensure that loans are processed and closed efficiently and accurately