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Assistant Manager Credit Administration

Mumbai, MH
Job Code:
  • Banking & Finance
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Job Details

Manage the daily administration for loan documentation in full compliance with the internal standards and external regulatory requirementsReview loan documents and liaise with internal and external parties to ensure proper and efficient delivery of credit administration dutiesConduct periodical review on loan administration policy and procedures to streamline workflowAct as the representative in signing deeds and bank guaranteeControl the recording, deposit and withdrawal of the security documentations properlyGenerate, 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 / renewalEnsure that there is a robust process for the safe custody and control of all security documentsEnsure 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 requestResponsible 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 documentsEnsuring post disbursement compliance with approved terms and conditions, assignment of rights, review expiry of credits, progress payment insurance, post fact mortgage etcReview 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 ManagementDesired Candidate ProfileCA / ICWAwith 2 to 5 years of experience in Credit AdministrationA proactive problem solver with excellent credit and analytical skillsStrong interpersonal and communication skillsAttention to detail and multitasking abilitiesA result oriented team player, honest, and of high integrityAbility to work with minimum supervision
Degree: CA (Chartered Accountant) | ICWA

Additional Degree: BA (Arts) | B.Com. (Commerce) | B.Pharm. (Pharmacy) | B.Plan. (Planning) | B.Sc. (Science) | BBA/ BBM/ BBS | BCA (Computer Application) | Diploma-Other Diploma | B.Ed. (Education) | BHM (Hotel Management)

Experience: 2-5


Credit Control & Collections | Finance/Budgeting | Financial Analysis
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