Our MNC Bank client has a AVP Credit Administration role at Gandhinagar for Corporate Banking Business. The Specifications are as below. PLEASE NOTE THAT THIS WILL BE A 12 MONTH CONTRACTUAL ROLE Section 1: Purpose of the position Checking of credit applications on compliance with IFSCA/Head Office/internal rules and regulations. Reviewing terms and conditions in facility letters and loan/security agreements to ensure compliance with approved credit applications and conditions imposed by Credit Department/Head Office. Ensuring loan documentation is complete and conditions complied with before proceeding with facility limit registration. Preparing IFSCA/Head Office/internal reports. Collateral Administration Covenant Control. (Creating Covenant Checklist, due date management, calculations, monitoring, reporting) Focusing on adequate risk & controls culture and management, regulatory & compliance controls are well understood ang gaps if any, clearly recognized and risk evaluated. To participate and contribute to building robust & deployable Operations resiliency plans in line with Head Office Policies, Procedures & Regulatory guidelines. Participating and contributing to the transformation journey in enhancing the overall quality of the Customer & Control deliveries of the Group and support Management in achieving KPI/Goals for the department from time to time. Section 2 (A): Scope and Dimension To perform Credit administration mid office function at Individual Transaction and at Portfolio level for all transaction booked at GIFT-City IBU Keep track on new data and information having potential to impact credit risk and keeping all stakeholders informed on same Track Credit Ratings, CIBIL Reporting, HO Guidelines, ESG impact. Collateral administration Covenant Control Assist in timely execution of Credit and Collateral Documentation Support on MIS preparation, internal and external presentations. Coordination with Business, SMBC counterparts at Regional Office, Head Office, Back office and Operations to ensure smooth deal execution. Ancillary activities as per team/Branch requirements. Ensure compliance with regulatory (IFSCA/ MCA/ JFSA etc.) as well as internal (SMBC HO) guidelines at all times. Section 2 (B): Challenges The role involves working in fast paced environment. Time management and prioritization. Ability to handle conflicting situations and multiple activities in parallel. Collaborate and communicate with different departments for successful execution & delivery. Strict compliance with all policies & procedures applicable to Gift City branch. Section 3: Job Responsibilities Ensure proper and timely checks on compliance with HO and IFSCA regulations and guidelines on credit applications received. Check contents of loan/security agreements for adherence to approved credit terms and conditions. Control collection of credit documentation (facility and security documents and CP/CS documents). Instruct registration of facility limits/collaterals in systems when documentation is complete/CPs complied. Monitor collateral condition (expiry dates and adequacy of insurance policies, collateral valuation, etc.). Monitor and manage irregular/exceptional handling transactions until satisfactory closure. Monitor/check Master Covenant Control and loan covenant compliance. Provide information on collaterals and Credit exposures for regulatory reporting. Support for various business units and back-office staff members by providing necessary information on credit control matters. Preparation of Management/IFSCA /internal reports. Participate in initiatives and projects as assigned. Any other matters that may be assigned from time to time. Section 4: (a) Knowledge (b) Skills (c) Experience (d) Good understanding of foreign currency loan markets Knowledge of corporate banking products - working capital loans, real estate loans, foreign exchange. etc. experience and understanding of UK Law facility documentation and Credit analysis methodology for document checking and alignment with Credit approved terms Understanding of Covenant control and calculations for executing the executed and monitoring Master Covenant Checklist Understanding of various kinds of charges and collaterals and process of collateral administration/ valuation etc. Skills Ability to multitask and support on various team activities. Strong analytical skills with high comfort on complex calculations (high numeracy) Diligent, organized, and meticulous with keen eye for details. Open mindset with willingness to learn and is receptive to transformational changes. Both a team player and active independent contributor. Possess strong interpersonal communication skills. (c) Experience Relevant experience as per job responsibilities outlined above. Degree in Banking and Finance or equivalent with at least 7 to 10 years of relevant experience. Qualifications: Full time graduation from a reputed university and preferably FRM/ CFA/ MBA/CA. Section 5 : Certification: advantage to: Any courses related to Credit Risk (Moody's) and Documentation certifications (APLMA/ Trade Finance) (ref:iimjobs.com) Show more Show less