Scenarios for Managing Loan Requests

These scenarios feature sample tasks performed by a financial institution’s applications administrator and commercial bankers. Your company might follow different workflows according to its business requirements.

In these scenarios, the applications administrator is responsible for setting up approval stages and underwriting standards. He requires administrative responsibilities to:

• Set up an assessment template and activities plan

• Create a document template

• Set up an approval level

• Define portfolio types and underwriting standards

End users are loan officers and credit administrators. They enter information to:

• Create a loan request

• Create a facility for borrowers

• Attach a company and financial needs analysis to the loan request

• Choose a loan approval level

• Assign the loan request to a credit committee