How do I start a Career in Loan Processing?

Career in Loan Processing

I think Loan Processing is a great Career option. I want to first understand What a Career in Loan Processing entails before I invest time and effort to figure out How to start a Career in Loan Processing. I was Googling about a Career in Loan Processing and was lucky to find:

Siddhartha Ranadive's perspective! Siddhartha Ranadive has worked in Loan Processing for 7 years & 8 months. Siddhartha Ranadive has worked in Loan Processing as Junior Officer in Janata Sahakari Bank. In Siddhartha Ranadive's own words, this is how Siddhartha Ranadive got into Loan Processing: "After completing my education, I did certifications courses from NCFM (National Stock Exchange Certification in Financial Markets) and Indian Institute of Banking in Capital Market and Loan Monitoring respectively. I started my professional career with eClerx as an Analyst and I am working with Janata Sahakari Bank as a Junior Officer."

Career Video on Loan Processing In a video, Siddhartha Ranadive has talked about various aspects of a Career in Loan Processing. Siddhartha Ranadive started by explaining Loan Processing as: "Loan processing is an entire sequence of steps, from the time a loan application is received (or a loan offer is accepted) to the time loan is closed, the loan proceeds are disbursed, and the aggregate amount (principal plus interest) is placed on the lender's books as an asset." It was an amazing video with great information.

It was a welcome change to see the video touch upon Education as theoretical knowledge needed to excel at Loan Processing, and not merely as Qualifications needed to enter Loan Processing. Siddhartha Ranadive touches upon these in the Education section of the Video: Current Affairs Domain Knowledge Accounting Sills and success goes hand in hand. One needs to get a hold of essential skills. Siddhartha Ranadive then explains why these Skills are essential for a Career in Loan Processing: Team Management Extempore Time Management Analytical Skills Communication Skills This Career has an interesting list of Positives. Siddhartha Ranadive believes that the following are some of the Positives of a Career in Loan Processing: Monetary Benefits Secured Job Respect After a discussion on Positives, Challenges complete the caricature of a Career. And, Siddhartha Ranadive believes that one needs to prepare for following Challenges of a Career in Loan Processing: Competition Compliance Audits

In the final section of the video Siddhartha Ranadive talks about How a day goes in a Career in Loan Processing. This video is by far the best video on a Career in Loan Processing, that I have ever come across. To see the full Talk, one needs to install the LifePage Career Talks App. Here is a direct deep link of the Video: Career Counseling 2.0 This video on a Career in Loan Processing was an eye opener and it got me very interested to learn more about the LifePage platform. I think LifePage is doing an amazing job of connecting real professionals with Career seekers. It is truly an amazing innovation in the area of Career Counseling. You can learn more about LifePage on:

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