nCino Business Value Practice Exam

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• Which group is responsible for making the final decision on loan approvals?
• What purpose does a review serve in the context of loans?
• What is the primary function of a Loan Origination System?
• What is it called when changes occur with the business post-closing?
• What is the purpose of an Approval Committee in the loan process?
• What do Projections involve when spreading?
• What is one of the main functions of the Loan Operations department?
• What do lenders typically assess when determining collateral value?
• What feature does account number reservation provide?
• What is the purpose of 'contacts' in nCino?
• What is the primary purpose of the relationships defined in nCino?
• In nCino, which entity type is NOT considered in the financial relationships?
• What is the primary function of a customer portal in a banking context?
• What role does the loan team play in the loan process?
• Which analysis technique involves expressing financial items as percentages of a common base?
• What is the first step in the spreading process in nCino?
• What information does the portfolio analyst utilize for their assessments?
• What icon would you click to mark a record as a favorite in nCino?
• What is the function of the magic wand feature in nCino?
• What is a key element reviewed by a credit officer?
• What is the first step to acquire a personal loan in nCino?
• What is the role of a Relationship Manager in the loan process?
• What does the term “disbursement” refer to in the context of personal loans?
• What do routes define in the nCino workflow?
• What does Common Sizing enable analysts to do?
• What is the role of a closing specialist in the loan process?
• What is the process for adding authorized signers in a loan application?
• What is the purpose of entering beneficiary data in a deposit account?
• Which data type is not typically listed for entry on nCino?
• What type of items can be managed in the budget templates according to the nCino system?
• What does a Credit Underwriter primarily analyze?
• What benefit does a credit memo provide to the approval committee?
• What functionality does the Construction Loan Administration (CLA) feature provide to financial institutions?
• What is the benefit of companies having a good ESG score?
• Which task is part of the fulfillment and implementation process in Treasury Management?
• What role does Governance play in ESG factors?
• What does the continue button do in the nCino system?
• How many standard reports does nCino come with?
• What does the stage bar represent in the loan origination process?
• What does the Document Manager in nCino enable financial institutions to achieve?
• What must be checked in order to submit a product package for approval?
• In spreads, what do Groups refer to?
• When does a Treasury Management opportunity typically occur?
• What are 'connection roles' in nCino designed to define?
• What does Rate Structure define in relation to a loan?
• When is the draws and disbursements route available in the nCino system?
• When does a proforma become an order?
• What does the status "Exception" indicate for a loan document?
• How is information visually represented in nCino?
• What must always be configured before using spreads?
• What does a "Reports" provide in nCino?
• What is a 'Disbursement' in construction finance?
• What is included in nCino's compliance route?
• Which of the following best describes the function of connections within nCino?
• What is the primary focus of Projections in financial performance analysis?
• What are sub-routes in the nCino platform?
• Which of the following is NOT a function of the Construction Loan Administration feature?
• Which status indicates that documents associated with a loan have been reviewed and require no further action?
• Which icon is used to access Salesforce help?
• What feature in nCino allows you to search any record type?
• Which of the following activities is part of the summary step in managing a deposit account?
• Where can collateral be edited in nCino?
• What does a credit officer do in the loan approval process?
• What is the term used to define how relationships are interrelated in nCino?
• Which of the following indicates that a covenant has been satisfied for all relevant loans?
• What does the Customer Engagement Solution aim to provide financial institutions with?
• What does the term 'Draw' refer to in the context of construction loans?
• What is the purpose of a memo in loan processing?
• What is primarily linked with the concept of 'households' in nCino?
• What is involved in Third Party Management?
• Which of the following best describes a guarantor?
• What does nCino’s ESG solution focus on?
• Which step is NOT part of the closing activities that occur when a deposit is submitted?
• What information does nCino's credit memo feature pull in for approval committees?
• What does cross-collateralization refer to?
• Which of the following is NOT an example of a document status?
• What three decisions can an approver make when reviewing a loan?
• What does a loan operations specialist specifically check after closing?
• What is the primary purpose of the Know Your Customer (KYC) process?
• Self-registration for the customer portal requires what kind of URL?
• What are Templates in the context of nCino spreads?
• What is a primary function of storing contact information in nCino?
• What role does the Loan Operations department play regarding documentation?
• What does the term 'percent funded' indicate after a disbursement is completed?
• Who do relationships pertain to in the nCino borrowing structure?
• What does the term 'advanced rates for collateral' mean?
• Why is it essential for all commercial loans to be linked to a product package?
• What is the primary purpose of Treasury Management services?
• Which of the following best describes the role of a Relationship Manager?
• What are the four types of relationships identified in nCino?
• What action is generally required for maintenance of Treasury Management services?
• What is the automated generation of covenant compliance records triggered by?
• Where is the credit analysis populated in the nCino system?
• What is a non-material change to a loan?
• What is the primary purpose of budget templates in construction management?
• What are the two methods to open new deposit accounts?
• What type of workflow does nCino tailor to financial institutions?
• What is the primary purpose of collateral in a loan agreement?
• Who is typically included in the loan team?
• Which term best relates to the borrowers needing to maintain certain conditions during the loan term?
• What does the star icon indicate in nCino?
• What does a Credit Underwriter consider when approving a loan?
• A loan's rate structure can include which of the following?
• What do covenant compliance records in nCino primarily provide?
• What does DAO stand for in the context of deposit accounts?
• What aspect does the ownership structure in a deposit account refer to?
• Where is collateral information stored during the loan process?
• What does Highlights refer to in financial analysis within nCino?
• When thinking of exposure calculations in nCino, what concept is primarily associated?
• How can a customer be prompted to upload a document through the portal?
• What does 'total exposure' mean in the context of nCino?
• What does the payment structure define in loan agreements?
• What do approvers primarily rely on to review the full details of a loan?
• What types of accounts can be opened through the DAO process?
• What technology is used to automatically transcribe and input data from financial documents into nCino spreads?
• Which of the following is NOT a way to add collateral in nCino?
• Which financial period analysis method compares specific time frames of data?
• What process is followed if a loan is declined?
• What information does the auto-decision functionality present?
• Is it necessary for all commercial loans to be associated with a Product Package?
• What is one of the key uses for compliance records in nCino?
• What does the monitoring of financial performance after loans are closed refer to?
• What is the main responsibility of an underwriter?
• Which is NOT a key feature of the Product Package in nCino?
• What does fulfillment and implementation in Treasury Management depend on?
• What is the main requirement of the Adverse Action regulation?
• What characterizes a Third Party Report?
• What is ESG primarily used for?
• What process involves extending the term of an existing commercial loan?
• What is the maximum number of documents that can be uploaded per document placeholder?
• How are covenants tracked in the nCino system?
• What action is indicated when a loan is marked as "Declined"?
• In the context of the portal, what does "Portal Access Management" entail?
• What are Drivers in financial analysis?
• Which of the following is an example of the "Social" aspect within ESG?
• What is a proforma in the context of treasury management?
• What does collateral refer to in loan agreements?
• What does Percent Change measure in financial statements?
• What does a loan operations specialist confirm regarding loan documents?
• What does the review readiness of a product package indicate?
• In the financial analysis context, what does the term 'Drivers' specifically refer to?
• What does the acronym ESG stand for in the context of business?
• What is a temporary agreement to extend the maturity date of a loan known as?
• What does 'Spreading' refer to in the context of evaluating a borrower's financial information?
• Which area is NOT a component of Treasury Management services?
• Which aspect is NOT part of ESG evaluation criteria?
• Who can request documents in the document manager?
• What are the three ways to register for the customer portal?
• What is the loan origination process?
• What object is Spreads tied to in nCino?
• What aspect of nCino is concerned primarily with documenting and maintaining records?
• How can documents be added to the Document Manager in nCino?
• What is involved in the maintenance of treasury services?
• Who typically manages order entries in Treasury Management services?
• What does the "Waived" status signify for a loan document?
• What is a key characteristic of a Line of Credit?
• In banking, what does a portal primarily provide to customers?
• What is involved in the decisioning and offers step of a personal loan process?
• In nCino, what does the term 'households' refer to?
• What is a key requirement for customers to use the customer portal efficiently?
• What enables users to receive tasks and notifications related to loan compliance?
• What is the function of document placeholders in the documentation process?
• Which of these actions is taken after a draw request is approved in nCino?
• Where are reviews stored in the nCino system?
• Which step is NOT part of the funding disbursements process in nCino?
• What is the primary purpose of nCino's compliance route?
• What is an important part of the closing process in loan administration?
• What occurs after a customer approves a proforma in Treasury Management?
• Why is maintaining visibility into the construction loan important for financial institutions?
• Where are documents collected in nCino?
• What is the objective of the auto-decision scorecard?
• What is a decision or action taken by the lender regarding a loan called?
• What does an application fee generally cover?
• What is the significance of the Fiscal Year in the context of nCino spreads?
• Which feature allows nCino to assist in reviewing multiple loans simultaneously?
• What role does a lender/vendor play in the nCino framework?
• What constitutes a material change to the loan?
• How are loan fees commonly categorized?
• What is a primary task of a portfolio analyst?
• How do companies with favorable ESG scores impact their relationships with lenders?
• What do sub-routes facilitate in the overall workflow of nCino?
• What best describes consumer lending?
• What type of visual display is a dashboard in nCino?
• What does "entity involvement" refer to in the context of a loan?
• What triggers the process of drawing funds from a construction loan?
• Which action can be taken to create a product package in nCino?
• What does the document preparation step involve in acquiring a loan?
• What role does the underwriting step play in the personal loan process?
• Which field types are available for data entry in nCino?
• What is defined as a condition included in a loan agreement that outlines requirements for the borrower?
• How do fees serve lenders in the loan process?