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Responsibility of branch manager In borrower selection and loan processing

Responsibility of branch manager In borrower selection and loan processing, The portfolio is a collection of investment instruments like shares, mutual funds, bonds, FDs and other cash equivalents, etc. Portfolio management is the art of selecting the right investment tools in the right proportion to generate optimum returns with a balance of risk from the investment made.

What is pledge? Difference Between Pledge and Hypothecation.
Minimum eligibility criteria of borrower to obtain loan.
Objectives of Portfolio Management

  1. Capital Growth
  2. Security of Principal Amount Invested
  3. Liquidity
  4. Marketability of Securities Invested in
  5. Diversification of Risk
  6. Consistent Returns
  7. Tax Planning

role and responsibility of branch manager In borrower selection

1.Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
2) Meet with applicants to obtain information for loan applications and to answer questions about the process.

3) Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans.
4) Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
5) Obtain and compile copies of loan applicants’ credit histories, corporate financial statements, and other financial information.

6) Review and update credit and loan files.
7) Review loan agreements to ensure that they are complete and accurate according to policy.
8) Compute payment schedules.

9) Stay abreast of new types of loans and other financial services and products in order to better meet customers’ needs.
10) Submit applications to credit analysts for verification and recommendation.
11) Handle customer complaints and take appropriate action to resolve them.

12) Work with clients to identify their financial goals and to find ways of reaching those goals.
13) Confer with underwriters to aid in resolving mortgage application problems.
14) Negotiate payment arrangements with customers who have delinquent loans.

16) Supervise loan personnel.
17) Set credit policies, credit lines, procedures and standards in conjunction with senior managers.
18) Provide special services such as investment banking for clients with more specialized needs.
19) Analyze potential loan markets and develop referral networks in order to locate prospects for loans.
20) Prepare reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action.
21) Arrange for maintenance and liquidation of delinquent properties.
22) Interview, hire, and train new employees.
23) Petition courts to transfer titles and deeds of collateral to banks.

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