Question: As is process flow diagram and to be process flow diagram for the loan origination process? Basic flow with stakeholders role at each step S.

As is process flow diagram and to be process flow diagram for the loan origination process?

Basic flow with stakeholders role at each step

S. No Stakeholder Work items Description

1 Branch Officer Customer onboarding Customer visits branch and ask for loan and fills application for required product, amount, tenure 2 Branch manager Proposal maker Credit Checks and application check 3 Credit recommender Underwriting See customer financial details and ability to pay loan based on credit score, salary and asset/liabilities. 4 Credit approver Approval, Pricing Approves loan, amount, interest rate 5 Loan processing officer Sanction Sanction loan and sanction letter, ask customer to sign document 6 Loan processing officer Documentation ask customer to sign document digitally and upload all required documents as per the required loan 7 Disbursement Officer Disbursement Final Loan disbursed to customers account or in form of cheque Optional Field Investigation, Valuation, Legal etc. As per type of loan or requirement of bank

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

As is process flow diagram and to be process flow diagram for the loan origination process? Basic flow with stakeholders role at each step S. No Stakeholder Work items Description 1 Branch Officer...

NASA/SP-2011-3422 Version 1.0 November 2011 NASA Risk Management Handbook NASA/SP-2011-3422 Version 1.0 NASA Risk Management Handbook National Aeronautics and Space Administration NASA Headquarters...

Greate BiD for Loan Oileination Process You are BA for an organization XYZ Who have products for BPM (Business Process Management) and Document Management System to enable business process...

Create a report that could be distributed to various stakeholders impacted by your recommendations discussed over the past five weeks of the Systems Management course. Note: You must use headers and...

You are required to make a short summary of a proceeding paper below: A Tutorial on Simulation Conceptual Modeling by Stewart Robinson (2017) Using your creativity, write a 3 pages summary. Highlight...

1. Business Case The business targets to continuously improve its efficiency with regards to its operation in the installation of Smart Card Readers so as to achieve improved profitability....

Question 1. Refer to the XTM case. What are the different types of inventory identified in the case and what are the reasons mentioned in the case for having these different types of inventory? Do...

Republic of Iraq Ministry of Higher Education and Scientific Research University of Technology Chemical Engineering Department MODELING AND SIMULATION OF FCC RISERS A RESEARCH SUBMITTED TO THE...

choose the correct answer for the following questions 1. When composing a risk management plan, one of the activities is to define: Group of answer choices Methods Work breakdown structure Project...

I need verification if I satisfy the question below Provide a graphical representation of your system's overall architectural framework as well as a separate functional description and/or analysis of...

1.) ABC Co. is undergoing liquidation. Information before the start of the liquidation process is as follows: Cash 10,000 Liabilities 80,000 Accounts Receivable 80,000 Payable to B 20,000 Receivable...

The manager of Trusty Car Inspection reviewed the monthly operating costs for the past year. The costs ranged from $4,300 for 1,300 inspections to $3,900 for 900 inspections Read the requirements...

\ table [ [ Periodic , $ ? at the end of every three months ] , [ Deposit , 3 % compounded quarterly ] , [ Rate , 8 years ] , [ Time , $ 2 3 , 0 0 0

Draw a class diagram and its relationship based on the following statements. You can use any UML tool/software to represent your class diagram. Do NOT copy and paste your diagram, use the attachment...