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Credit Officer, Commercial Credit Management - SME MY at CIMB Group Malaysia
, , Malaysia -
Full Time

Start Date

Immediate

Expiry Date

08 Mar, 26

Salary

0.0

Posted On

08 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Credit Verification, Loan Applications, Credit Checking, Income Verification, Risk Identification, Credit Evaluation, Fraud Detection, Documentation Review, BCS Input, Borrowing Confirmation, Credit Bureau Checking, Recommendation, Escalation, Sales Force Review, Mitigation Factors, Five 'C' Framework

Industry

Banking

Description
Credit Verification To screen and ensure all information in relation to loan applications and supporting documents received are in order and adequate for credit processing. To ensure credit checking of loan applications received are completed by sales force. To input credit related information into BCS of applicant(s), if any. Existing and Related Borrowing confirmation. To check all existing and related borrowings for repayment track record. Confirming credit bureau checking (e.g. CTOS/DCheque/CCRIS) To verify and review the initial checking by Sales Force. Income verification To check criteria for Decline (Represent) due to incomplete or insufficient documents submitted. Credit Evaluation and Recommendation Risk identification and mitigation To identify the risk of every application received, if any and mitigating factor using the five ‘C’ namely Character, Capacity, Capital, Condition, Collateral etc. Recommendation Based on the evaluation, recommendation to either approve, approve with variation or decline the loan. To generate CR09 and escalate application beyond credit officer/supervisor’s DA to Credit Manager for decision based on the loan amount applied via BCS. Fraud Detection Submit all suspected fraud applications to Fraud Management Unit for confirmation. Other duties and responsibilities as and when requested by superior.
Responsibilities
The Credit Officer is responsible for verifying loan applications and ensuring all documentation is complete for credit processing. They will evaluate risks associated with applications and make recommendations for approval or decline.