Assistant Manager Credit Administration

Recruiter
Origin Consultants Private Limited
Location
Mumbai, IN
Salary
Competitive
Posted
02 May 2019
Closes
03 Jun 2019
Ref
1131393551
Contract Type
Permanent
Hours
Full-time
Level of qualification
Not qualified, Part qualified, Qualified
Job Description : Reports To: VP/ Head of Operations, who reports to the Chief Executive Officer (CEO) 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 Job Description 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 originconsultantsgmail.com For inclusion in our knowledge base & to keep abreast of Career Opportunities that match your profile connect to To Discuss Your Profile Call: on 91-22-28261800 ABOUT ORIGIN CONSULTANTS PVT LTD 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 and . 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. For inclusion in our knowledge base & to keep abreast of Career Opportunities That Match Your Profile ORIGIN CONSULTANTS CONTACT: NITA THAKER, DIRECTOR EXECUTIVE SEARCH & HUMAN CAPITAL ADVISORY Tel No: 91.22.28261800 TO APPLY EMAIL YOUR PROFILE TO: Job Description :Reports To: VP/ Head of Operations, who reports to the Chief Executive Officer (CEO)Origin Consultants Pvt Ltd an Executive Search Services Company has been retained by One Of The Leading Bank In The Co-Operative Sector to identif Skills: Assistant Manager Credit Administration Experience: 2-5 Years