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Finance Internship in Mumbai at Apollo Finvest India Limited

Mumbai

Start Date Duration Stipend Posted On Apply By
Immediately
4 Months ₹5000 /Month 5 Sep'19 19 Sep'19
Full time
 
About Apollo Finvest India Limited (http://www.apollofinvest.com/):
We are a new age NBFC with a vision to build an easy to use financial platform serving millions of customers in India. We believe there needs to exist a single destination for users to access, monitor and most importantly learn how to manage their money. The current financial systems are broken and full of friction. Try taking a loan or buying a mutual fund using traditional institutions. Neither the existing credit models nor financial products have been built for the massive Indian population. The fragmentation and information asymmetry has made finance a puzzle left up to consumers to solve leading to financial illiteracy in the country. Our aim is to address this via new age data-driven lending strategies and end to end easy to use educational online financial products. Think of approving loans in under 5 minutes and to make investments in under 10 seconds. There is no reason why it should not be as easy as buying a mobile phone online. This is the future. Come build it with us!
About the Internship:
Selected intern's day-to-day responsibilities include:
1. Handling the entire loan application process, which includes TVR (telephone verification) and analysis of profile, documents, and ratios;
2. Coordinating with different teams, preparing summaries & reports of loan requests, and submitting the same to loan committees for approval;
3. Preparing reports that explain the degree of risk involved in extending credit or lending money and strategizing ways to mitigate the risks;
4. Ensuring that all credit files are complete, identifying any documentation deficiencies, and reporting to credit association and other representatives as needed for timely resolution;
5. Interacting with the in-house credit team and accounts team to provide solutions to clients in a coordinated and timely manner;
6. Pitching high-end dealers in different verticals on-field and following up with them for partnerships;
7. Coordinating with the sales & credit team and reducing the time gap between leads generation and disbursement;
8. Continuous follow-up with the existing dealers.
# of Internships available: 2
Skill(s) required: MS-Office
Who can apply:
Only those candidates can apply who:
  1. are available for full time (in-office) internship
  2. can start the internship between 5th Sep'19 and 5th Oct'19
  3. are available for duration of 4 months
  4. are from Mumbai, Mumbai and neighboring cities
  5. have relevant skills and interests
Perks:
Certificate, Informal dress code.

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