Description:
Job holder is mainly responsible for:
• Carrying out all ‘maker’ level activities of credit control function ensuring adherence to all applicable bank policies, procedures, regulations and SLA’s.
• Perform UAT’s and other tasks assigned by the line manager from time to time related to systems and process improvements.
Other
• Perform as a maker for all Credit Control related activities.
• Ensure all transactions are accurately updated.
Key Result Areas
• Release and maintain limits in various banking systems in line with credit approvals / documentation unit release instructions.
• Update covenants in line with the credit approval.
• Ensure ‘Zero’ errors in the activities performed.
• Ensure that the interest rates, earmarking, reallocation and reinstatement of limits are correctly updated in line with approved terms and conditions.
• Ensure all the checklist items are correctly checked and the activities are carried out in line with the standard operating procedures.
• Ensure rollovers, settlements, interest/profit adjustments are carried out in an accurate and timely manner.
• Maintain project trackers for discounting and monitoring progress payment certificates.
• Monitor margin build ups and produce exceptions reports.
• Place and release liens/hold/blocks & freeze on deposits, securities, accounts and investments in line with credit approvals.
• Report any irregularities in a timely manner.
• Prepare and generate credit related reports required for customers, regulators, management, audit etc. on a periodic basis.
• Perform UAT’s from time to time for systems enhancement projects.
• Ensure “Zero” operational losses
• Ensure no audit findings.
Operating Environment, Framework and Boundaries, Working Relationships
• All activities are performed with “Zero” errors while adhering to the SLA’s and Bank policies & procedures.
Problem Solving
• Provide support and guidance to stakeholders to solve problems as and when required.
Decision Making Authority & Responsibility
• Ensure accuracy with “Zero” errors
• Ensure delivery of high-quality services with strict adherence to the SLA’s.
• Ensure “Zero” operational losses
Knowledge, Skills and Experience
• Graduate with fair understanding of credit administration activities.
• A Minimum of 4 years’ experience in General Banking covering at least 2 years in credit administration related activities.
• Good Communications and interpersonal skills.
• Graduate with fair understanding of credit administration activities.
• A Minimum of 4 years’ experience in General Banking covering at least 2 years in credit administration related activities.
• Good Communications and interpersonal skills.
Acesoft Labs India Pvt Ltd is an ISO 9001 BVQI certified, mid-sized staffing and technology services company managed by a team of dedicated and talented professionals with global IT experience. We provide specialized IT services & solutions and provide the finest talent to meet the customer’s staffing requirements. Our customer-centric model provides focus, commitment and a dedicated team to help our clients achieve their business objectives. we offer an enriching experience to each of its clients in diverse industries.