Credit Data Analyst ( Invoyz Financial solution pvt ltd)
Nexthire
Bangalore, Karnataka
Permanent
Full-time
1 month ago
Invoyz Financial Solutions Pvt. Ltd. is a Bengaluru based financial services technology start-up with a focuson Supply Chain Financing and other Business Lending products. Invoyz also offers bi-directional data exchangeamong ERPs, for digital invoicing, collection and recompilation.Tenure /LocationFull-time Regular Employment Position, based out of BengaluruJobDescription /QualificationExperience: 3+ years in assessing credit risk for Lending and supply-chain financeproductsThe Credit Data Analyst will analyze the financial and transactional data to assess thecreditworthiness of businesses and their channels. This role involves analyzing financialdata, preparing credit assessment reports, and match-making with the suitable lenders. Thisperson shall ensure that all documentation and processes comply with company policiesand regulatory requirements.Job Content:1. Review and analyze loan applications, credit reports, financial statements, and otherrelevant documents.2. Collect, analyze, and interpret credit data from various sources to assess thecreditworthiness of the customers. Verify loan documentation and ensure completenessand accuracy.3. Develop and maintain credit scoring models to evaluate the credit risks.4. Qualify leads by assessing the financial needs and eligibility criteria of potential clients.5. Collect and accurately record detailed information and outcomes of each leadassessment, in the CRM system.6. Prepare detailed reports on credit analysis findings, including risk assessments, creditratings, and recommendations.7. Collaborate with 3rd party lenders, banks, including internal/external finance, sales, andoperations, to ensure accurate and comprehensive credit evaluations.8. Coordinate with Lenders and LSPs for the approval or denial of loan applications andalso influence their decision making, if feasible.9. Ensure all loan processing activities comply with company policies, procedures, andregulatory requirements.10. Communicate effectively with clients, colleagues, and third parties to obtain necessarydocumentation and information.11. Educate clients on loan options, terms, and conditions. Assist clients in understandingthe loan terms and application process and other requirements.12. Stay updated on product knowledge and industry trends, market conditions to effectivelycommunicate benefits to customers.Qualification:1. Bachelor's degree in Finance, Economics, Statistics, or a related field.2. Minimum 2years experience as a Credit Data Analyst or in a similar analytical role withinthe financial services industry.3. Familiarity with credit risk assessment methodologies and financial statement analysis.4. Knowledge of loan processing procedures, credit risk assessment, and regulatoryrequirements.