Mobilink Jobs 2023 for Verification Officer

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% 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 maybe increased by CMD.
  • To verify credit worthiness.

Job Responsibilities:

  • Pre verification of the borrower’s credentials on need basis when required by Credit Management Department (CMD), HO.
  • Visit the Goldsmith on the Bank panel on quarterly basis and submit the report to CMD latest by 6th of the following month.
  • 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.
  • On the time of onboarding goldsmiths on the branch panel, VO to verify his credentials as per the banks policy.
  • Reputation of customer.
  • Ensuring existence of borrower and guarantor & their businesses (economic activity) through verification of home & business addresses etc. and interacting with applicants / guarantors.
  • Ensure prevision/attachment of positive E-CIB report of the borrower with the case.
  • 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.
  • Repayment capacity of the Borrower.
  • To identify any severe nature non-compliance during verifications.
  • 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.
  • Submission of all verification MIS/reports as per prescribed format to CMD on monthly basis latest by 5th of the following month.
  • Ensure the loan was utilized for the purpose it was taken off.
  • Responsible to ensure accuracy of data input made in credit MIS from source documents related to cash flow & Loan applications.

Job Requirements:

  • Hold a Bachelor’s degree from a reputable Institution in the fields of Business Administration/Banking & Finance/ Agriculture/Economics/Accounts. Have 1-2 years of credit and / or operations related experience.
  • Micro Finance Banking experience Proficient in MS Office Negotiation Skills Sound communication and interpersonal skills
  • Excellent presentation skills. Ability to work under pressure.

Job Details:

Company: Mobilink

Vacancy Type: Full Time

Job Location: Lahore, Punjab

Application Deadline: N/A

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