Senior Specialist - Credit Administration

Job Requirements

Job Title: Senior Specialist – Credit Administration

Function/ Department: Wholesale Banking Operations

Job Purpose: Job requires to handle Post sanction activities in credit framework for Large Corporates and ensuring adherence to credit, regulatory, legal and product guidelines while allowing the disbursement to customer. As last gatekeep of the money and important control functions, team's role involves extensive due diligence and monitoring of credit conditions stipulated by approving committee and ensuring adequate limit, covenant, collateral and documents management.

Roles & Responsibilities:

• To handle wide range of products from working capital to term loan, NCD, Investment limits, Portfolio buyout, Commercial paper in Large corporate and FIG segments
• Checking if all credit appraisals are adequately approved and conform to internal as well as RBI guidelines.
• Capability to guide/mentor the makers and ensure that processing are error free and within the committed timeline.
• Check whether statutory / internal exposure limits are not breached.
• Ensure enforceable legal documentation for credit facilities as per legal guidance and standard format/procedures. Involve in security creation including mortgages, pledge, hypothecation etc.
• To Ensure compliance with all conditions precedent prior to disbursement.
• To give clearance for disbursement through the LSM/DM which is sent to Loan Operations.
• Set process/ make modification in existing process to avoid operational risk at early stage.
• Co-ordinate with loan operation team to seamless processing of transactions.
• Ensure various covenant/deferrals tracking in system.
• Liaison with Business Teams, Legal, Credit etc. for timely and quality deliverables by resolution of issues/answering queries.
• Ensuring safe keeping of loan documents and retrieval of documents to vendor
  
  

Secondary Responsibilities

• The role requires to work closely with Business and Operation team to faster processing of transaction under Customer First philosophy of Bank.
• Periodic Reconciliation and clean up, documents/security management etc.
• Governance over data/regulatory reporting, ensuring accurate and timely reporting.
• To develop an understanding of IT system in credit ecosystem in Bank and assist in identification of gaps to mitigate the gaps
  
  

Educational Qualifications:

Graduation: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc.) / Bachelor of Arts (BA) / Bachelor of Business & Insurance (BBI) / Bachelor of Management Studies (BMS)

Post-Graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA)

Experience: 5 to 10 years of relevant experience.

---