Assistant Vice President

Job Description

Operational Responsibility : Ensure all post sanction & disbursement instructions issued by Mid-office through Disbursement Notice are processed as per extant internal guidelines and Bank's credit policy. This includes setup of fund based & non-fund based facilities, disbursement of loans, loan servicing (rollover/recovery/prepayment/drawing power computations/ modifications in existing loan). Implementing restructuring of loans in line with sanction conditions in CBS Capturing critical information related to borrower and facility so to ensure smooth and correct regulatory & internal reporting Ensure no income leakage - booking of Income (Fee/Charges/Interest) in CBS and managing receivables Handling of NPA, write-off accounts and recoveries thereof Superior & efficient stakeholder engagement. Conduct frequent interactions with stakeholder to understand the requirement & addressing concerns, if any. Process management & re-engineering Systems & Control Process : Drive & monitor the team for ZERO DEFECT in capturing details in CBS basis details mentioned in DN and/or other peripheral systems. Ensure that there are Nil write offs / P & L hits on account of operating errors. Any potential loss events observed should be reported & mitigated. Identify potential risk items in existing process & processing methods to develop suitable mitigants Monitoring of team productivity & efficiency Monitoring of internal accounts & suspense accounts of the unit. Ensure no unidentified amount parked in internal accounts owned by the Unit. Responsibility of voucher management including storage and offload to vendor Governance & Compliance Responsibility : Read, imbibe all internal process, Credit Policy, Operational Risk policy & RBI regulations impacting post sanction activities. Mentoring & guiding team over such policies in efficiently executing their assigned task Timely & accurate regulatory & internal management reporting Tracking of all open Audit/ OR/Compliance points and to close them within the target dates Develop a culture of Zero Non-Compliance Timely closure & periodical reconciliation of open exceptions Support Unit & other business functions in preparation of any audit related deliverables and attend to any audit findings and resolve them immediately HR Practices : Attract, mentor, groom and retain talent Periodical training of team members on domain & functional knowledge Engage with team via conducting daily huddles/ Product of the Week/ Monthly Activities Adherence to HR policies released from time to time Adherence to YES Personality guidelines & Code of Conduct Ensure timely escalation and constructive feedback on issues impacting business Build knowledge based best practices for constantly improving productivity of the team.