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INTERNSHIP PROGRAM


Role Name: Finance & Credit Analyst intern Job
Internship Program Duration: 45 days


Requirements:
1. Candidate should be an MBA graduate.
2. Should have Laptop and a stable broadband internet connection
3. Candidates should be based in Mangalore.


Description/Responsibility:
1. Financial Document Review: Examine financial documents such as bank statements, pays lips, tax returns, credit reports, and business financials.
2. Financial Document Review: Determine all sources of income, living expenses, and the asset and liability positions of applicants.
3. Creditworthiness Assessment: Analyze credit reports to understand applicants' creditworthiness, including their repayment history, recent credit inquiries, and current credit holdings.
4. KYC & AML Compliance: Complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks for each applicant.
5. Client Needs Assessment: Understand clients' funding requirements, needs, and objectives for new loan applications.
6. Borrowing Capacity Calculation: Calculate the maximum borrowing capacity of applicants to assess their ability to service the loan.
7. Credit Product Evaluation: Evaluate various credit products based on applicants' requirements and create comparisons of different products that meet their objectives.
8. Credit Recommendation: Provide final credit recommendations to advisors based on thorough analysis of lenders policies.
9. Loan Application Preparation: Prepare loan applications for the desired lender, including compliance documents for applicants' and advisors' signatures, and submit them to the lender.
10. Application Follow-Up: Follow up with lenders to get updates on the progress of applications. Provide timely updates to applicants and liaise with them for any additional requirements.

11. Transaction Coordination: Liaise with all parties involved in the transaction to ensure timely and smooth settlement of the loan.
12. Customer Support: Support customers with all queries related to their loans and financials.
13. Compliance Review: Conduct compliance reviews to ensure advisors meet compliance standards.
14. Reporting: Provide timely reports to advisors on submissions and settlements.

BENIFITS AND SKILLS ACQUIRED

1. Understanding of the 5 Cs of Credit: Comprehensive knowledge of the 5 Cs of credit (Character, Capacity, Capital, Collateral, and Conditions) to assess creditworthiness effectively.
2. Credit Facilities and Loan Products: In-depth understanding of various credit facilities, loan products, and their features.
3. Assessment Skills: Proficient in assessment skills, enabling seamless integration into domestic or international credit teams and processes.
4. Communication Skills: Strong email and verbal communication skills to interact effectively with clients and stakeholders.
5. Industry Experience: Gaining valuable industry and practical working experience.
6. Analytical Skills: Enhanced analytical skills through extensive calculations, comparisons, and policy evaluations.
7. Bank Policies and Procedures: Thorough understanding of bank policies and procedures to ensure compliance and effective decision-making.
Facility provided

Facility provided during Internship:

  • Internet cost of Rs 650 will be reimbursed to the candidates.

  • Stipend amount of Rs 4000 will be provided to candidates who will complete the internship program and pass the assessment with the cut off margin.

  • Certificate of participation will be provided to the candidates.

    Contact us at:

  • Email: Placements@synergynxt.com

  • Mob: +91 9481253897

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