Explanation

This question evaluates your understanding of internal credit policies and your ability to adhere to them during the loan review process. Recruiters assess your attention to detail, knowledge of compliance requirements, and ability to balance risk and opportunity. Common pitfalls include failing to address key policy steps or not considering exceptions. A strong answer demonstrates a structured approach, including documentation review, risk assessment, and escalation procedures. Preparation involves reviewing organizational credit policies and compliance guidelines.

Answer Example