Repco Home Finance Limited (RHFL) walk-in for Credit Officers
Company :
Repco Home Finance Limited (RHFL)
Website :
Job Role :
Credit Officers
Eligibility :
Any Graduate
Experience :
3 Years
Job Location :
Chennai
Walk-In Date :
12 Apr 2019
Walk-In Time :
01:00 PM - 04:00 PM

Company Profile:

RHFL is a professionally managed housing finance company headquartered in Chennai, Chennai. We were incorporated in April 2000 as a wholly owned subsidiary of the Repatriates Co-operative Finance and Development Bank Limited (Repco Bank Limited, repcobank.com ), a Government of India enterprise, to tap the growth potential in the housing finance market. We are registered as a housing finance company with the NHB.
As on January 2014, RHFL is operating through 82 branches and 26 satellite centres in Chennai, Andhra Pradesh, Kerala, Chennai, Maharashtra, Gujarat,Odisha,West Bengal and Puducherry.

Job Description:

CREDIT APPRAISAL

Scrutiny of loan applications online and ascertaining eligibility vis-à-vis different loan products of RHFL.
Ascertaining KYC compliance for processing of applications.
Assessment of Borrower's Income – Both salaried and self-employed cases.
Analysis of Balance Sheet and other financial statements.
Assessment of value of properties with the help of Guideline Value and Market Value and verification of reports given by Panel valuers in assessment of value of properties.
Verification of legal opinion.
Appraisal and Sanction of Loans in conformity with Credit Policy of the company.
Thorough knowledge on online sanctions under the loan origination system (in house module) and Core Banking Environment.
Capability to communicate with branches in connection with credit proposal related queries in effective manner.
Ability to take decisions faster.
To know about the topography of the branches allotted and find out the potentiality of the areas for improving the business.

OTHER AREAS

Handling Regulatory compliance issues.
To train new recruits/ updating knowledge of latest trend in Market / Real Estate/ Housing etc.
Drafting Circulars and writing letters to regulatory bodies, bankers etc independently.
To conduct Inspections of properties, business premises.
Attending Loan Camps.
Post sanction matters and Loan sanctions modifications.
Assisting the branches in post sanction follow up and recovery if required.
Contribute effectively to improve existing systems and procedures.

Eligibility Details:

1. Age not exceeding 28 years as on 01-04-2019 (relaxation up to 40 years of age can be considered based on commensurate, relevant prior experience).
2. Any Graduation (10+2+3 format) from a UGC recognized university and graduates who have completed CA final may apply. Post graduation & professional qualification shall be given additional weightage.
3. Minimum 3 years experience (for age not exceeding 28 years) in credit appraisal in HFCs/ Banks/ FIs in HOME LOAN. For further age relaxation, commensurate additional experience would be required.
4. Fluency in Tamil besides English (read, write & speak) is must. Working knowledge of Hindi will be advantageous.
5. Early joining will be preferred.
6. For recruitment in all cadres, candidates (internal-applying for lateral entry / external) having pending disciplinary action against them at the time of applying for the position or having been punished under disciplinary proceedings in last 5 years will not be considered eligible. All appointments are subject to satisfactory reference / background verification.

Key Competencies Required:

Good analytical ability.
Reasonable quantitative aptitude.
Understanding of financial statements.
Good written and oral communication in English.
Teamwork Skill.
Time Management.
Proficiency in MS Word and Excel.

Pay:

CTC starting from Rs. 7.00 lakhs per annum (fixed + variable).
Experienced candidate could be compensated suitably as per market norms and discretion of the Management.
Probation period: 1 year, extendable based on performance.

Venue Details:

Repco Home Finance Limited,
Corporate Office, 3rd Floor, Alexander Square,
No.2, Sardar Patel Road, Guindy, Chennai – 600032.
Landmark: Adjacent to Hotel ITC Grand Chola.