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The Curious Loan Approval

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Submitted By sundosfairak
Words 288
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In this case Jack thinks that he found information that could affect Quality Foods’ loan request from Candlewood National Bank. However, his boss and mentor Sally Ryan asked him to destroy the memo and forget about it since the bank’s senior credit committee approved the Quality Foods loan request.
Now, the problem is how can Jack continue his work and deal with his boss at the same time?
I think Jack has some options to deal with this issue. He could do what Sally asked him for which is to forget about it and complete his job. However, could that be the right thing to do since he suspected that there is a conflict of interest between Sally and the president of Quality Foods?
Also, Jack could raise this issue to higher level but that for sure will affect badly on his relationship with Sally. Moreover, it may negatively affect his job with the bank.
I believe that Jack could not change the fact that the credit committee has already approved the Quality Foods loan request. However, in my opinion the most reasonable decision for Jack regarding to this dilemma is to seek for more information. According to the case Jack is still a junior financial analyst. He does not have that experience and does not know that much about the bank’s policies and procedures.
Jack should ask Sally to explain why the credit committee did not discuses that issue in their meeting. And to end his suspicion about Sally and the conflict of interest he should talk to a senior manager that has an experience with the bank’s policies. I believe all that would answer Jack’s questions and make him gain more experience in his

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