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  • 2 - 5 Years
  • Posted : above 1 month

Job Description:

Origin Consultants Pvt Ltd an Executive Search Services Company has been retained by One Of The Leading Bank In The Co-Operative Sector to identify Assistant Manager Credit Administration to be based at Mumbai

As an Assistant Manager Credit Administration your responsibilities include the following

Manage the daily administration for loan documentation in full compliance with the internal standards and external regulatory requirements
Review loan documents and liaise with internal and external parties to ensure proper and efficient delivery of credit administration duties
Conduct periodical review on loan administration policy and procedures to streamline workflow
Act as the representative in signing deeds and bank guarantee
Control the recording, deposit and withdrawal of the security documentations properly
Generate, review and maintain loan disbursement reports for presentation to credit committees, and provide monthly reports on the same, in accordance to the credit policy and guidelines
Ensure all lending Documentation is complete as per the Company Policy and Procedures with respect to amount of finance, terms and conditions, borrowers borrowing mandate, authorized signatory etc
Preparing, reviewing, circulating documentation deficiency (expired / deferred documents) reports and following up for its timely submission / renewal
Ensure that there is a robust process for the safe custody and control of all security documents
Ensure compliance with the internal policy, credit approval terms and conditions regulatory ratio / policies etc, complete set of documentation Is complete and verification, thereof, before approving any new finance request
Responsible for collateral valuation, collateral monitoring and collateral reconciliation with original documents, weekly monitoring of any pledged shares value to ensure compliance of coverage ratio and advise Corporate Credit to request top up in case of depreciation of pledge share price
Approval from relevant authorities is held for deferral / waiver of incomplete documents
Ensuring post disbursement compliance with approved terms and conditions, assignment of rights, review expiry of credits, progress payment insurance, post fact mortgage etc
Review daily system credit monitoring and management reports and identify non performing accounts with irregularities and proactively follow-up to ensure corrective action taken in line with credit policy
Monitor all irregularities, past dues, documentation deficiencies, etc, and report to Senior Management

Desired Candidate Profile

CA / ICWA with 2 to 5 years of experience in Credit Administration
A proactive problem solver with excellent credit and analytical skills
Strong interpersonal and communication skills
Attention to detail and multitasking abilities
A result oriented team player, honest, and of high integrity
Ability to work with minimum supervision

Mail your profile in word format to originconsultantsgmailcom

For inclusion in our knowledge base & to keep abreast of Career Opportunities that match your profile connect to Nita Thaker, Director Executive Search on Linkedin

To Discuss Your Profile Call Nita Thaker, Director Executive Search on 91-22-28261800


Origin Consultants Private Limited is an Executive Search Services Company which partners with Professional Organizations in a Human Resource Consulting Process aimed at Talent Acquisition, Recruitment and Selection of Organizational Leaders

Headquartered in Mumbai, India, Origin Consultants Pvt Ltd focuses on Senior and Middle Management positions across Industries Corporate Functions and Operational Roles

Origin Consultants has established delivery teams and technology infrastructure at Pune, Bangalore, Chennai, Hyderabad and New Delhi With a Strong Network of Professionally Qualified and Experienced Candidates, Origin Consultants have conducted numerous successful Executive Searches for their Clients Customers of Origin Consultants range from Startups to established Fortune 500 Clients and From the Largest Indian Corporations to Global MNC Multinationals



CONNECT TO NITA THAKER ON LINKEDIN For inclusion in our knowledge base & to keep abreast of Career Opportunities That Match Your Profile

Tel No 912228261800

TO APPLY EMAIL YOUR PROFILE TO careersoriginconsultantscom

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Banks/Insurance/Financial Services
Role : Banking -General
Salary : As per Industry Standards
Deadline : 15th Jul 2020

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