AVP - Credit Administration (Loan Documentation)

Job Responsibilities

1. Preparation and checking of sanction Letter and loan /security documents in line with approved terms
2. Checking of loan and security documents (Draft and Executed)
3. Tracking of pending documents and covenants

4. Documentation and Limit Control

   - Ensuring execution of documentation and setting up of limits as per approved credit terms & conditions.

5. Credit Risk Management-

   Provide support for overall credit risk management
6. Application of learning on day-to-day assignments for various products offering of the Bank.
7. Emphasis on timely delivery without compromising on credit quality and due diligence - Ensuring timely   Deliverables.

8. Leveraging the potential of available Systems for monitoring-

   Proficiency in understanding the deliverables available at Core Banking System/

9. Contribution to arriving at error free environment -

   Adherence to conduct business under defined set of principles, procedures, and processes.

10. Credit Limit-

    Controlling overall Credit Limit process as per credit approval
11. Compliance with local and global compliance requirement - Sacrosanct understanding of local and HO requirement relating to compliance activity in delivering business & productivity goals
12. Audit function (concurrent / RBI)- Performing the functions in line with the audit requirements without any slippages and deficiencies (minimizing the finding and addressing the same.
13.  

    Loan Documentation Control-

    Follow the loan documentation process as per Bank policy and RBI guidelines.

14. Credit Monitoring (compliance) & Due Date Monitoring including overdue

    :Ensuring credit compliance (conditions/covenants etc) as per credit approval. (Monitoring all credit items for due date control by making excel and day to day follow up).

15. Limit Loading

    -Loading limits in Core Banking solution as per sanctioned terms.

16. Making effective usage of APTD learning platform-

    Proactively register and complete the courses offered.

17. MIS for portfolio Management, RBI and other internal & external reporting

    －Provide strategic support for the purpose.

18. Monitoring after disbursement of limits.

19. Monitoring Stock Statement (inventory & receivable statement) of borrowers availing working capital facilities on monthly basis                                                                        
20. Due Date monitoring of stock statement, insurance, loan documentation etc.

21. Outsourcing Vendors

    - Keeping record related to the vendor appointed.   

22. Maintaining Collateral data

    in Core Banking Solution for all secured Borrowers

23. Monitoring of due End Use Certificate and Acknowledgment of Debt

    from all Borrowers and assisting Business Team in obtainment of same before due date.

24. Assisting Risk Control, Operations and other Internal teams

    by maintaining and sharing Database of all the limits uploaded, renewed & modified in Core Banking Solution
25. Basis approved Credit Terms

    , Loading of limits on various

    TREDS platforms viz. RXIL, M1 Xchange, Invoicemart etc.

26. Computation of Drawing Power (DP)

    and advising Limits in Core Banking Solution for DP backed Credit facilities basis Stock Statements submitted by the Borrowers   
27. Preparation of

    exchange of information

    on quarterly basis 

Knowledge, Skills, Experience & Qualifications

1. The proposed candidate should have sound knowledge of companies act and loan documentation .
2. Knowledge of Microsoft excel is must.
3. Should have good communication skills
4. Should have good drafting skills
5. Chartered Accountant/Company Secretary/ MBA. LLB Qualification would be significant plus.
6. JAIIB/CAIIB
7. Should have experience between 8-10

Purpose of the position

 Performing Checker Role

1. Checking Loan Documentation and security documents (Draft and executed).
2. Registration of limits and Collateral in system post completion of documentation
3. Tracking of pending documentation, covenants, Stock Statement Etc.
4. Updation of Collateral in system
5. Drawing Power calculation etc

• Preparation of various Internal reports /MIS for submission to internal stakeholders as well as External (RBI/ Statutory Auditors etc)
• Lodgment and filing of loan documents post limit loading