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Sumitomo Mitsui Banking Corporation (SMBC)
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AVP - Credit Administration (Loan Documentation)

AVP - Credit Administration (Loan Documentation)

Sumitomo Mitsui Banking Corporation (SMBC)

9 - 14 years

25 - 35 Lacs

Mumbai

Posted:2 months ago| Platform:

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Skills Required

Loan documentation credit administration CAD Credit middle office

Work Mode

Hybrid

Job Type

Full Time

Job Description

Sumitomo Mitsui Banking Corporation

Job Responsibilities

Preparation and checking of sanction Letter and loan /security documents in line with approved terms
Checking of loan and security documents (Draft and Executed)
Tracking of pending documents and covenants
Documentation and Limit Control
- Ensuring execution of documentation and setting up of limits as per approved credit terms & conditions.
Credit Risk Management-
Provide support for overall credit risk management
Application of learning on day-to-day assignments for various products offering of the Bank. Emphasis on timely delivery without compromising on credit quality and due diligence - Ensuring timely Deliverables.
Leveraging the potential of available Systems for monitoring-
Proficiency in understanding the deliverables available at Core Banking System
Contribution to arriving at error free environment -
Adherence to conduct business under defined set of principles, procedures, and processes.
Credit Limit-
Controlling overall Credit Limit process as per credit approval.
Compliance with local and global compliance requirement - Sacrosanct understanding of local and HO requirement relating to compliance activity in delivering business & productivity goals.
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).
Loan Documentation Control-
Follow the loan documentation process as per Bank policy and RBI guidelines.
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).
Limit Loading
-Loading limits in Core Banking solution as per sanctioned terms .
Making effective usage of APTD learning platform-
Proactively register and complete the courses offered.
MIS for portfolio Management, RBI and other internal & external reporting
Provide strategic support for the purpose.
Monitoring after disbursement of limits-
1. Monitoring Stock Statement (inventory & receivable statement) of borrowers availing working capital facilities on monthly basis
2. Due Date monitoring of stock statement, insurance, loan documentation etc.
Outsourcing Vendors
- Keeping record related to the vendor appointed.
Maintaining Collateral data
in Core Banking Solution for all secured Borrowers
Monitoring of due End Use Certificate and Acknowledgment of Debt
from all Borrowers and assisting Business Team in obtainment of same before due date.
Assisting Risk Control, Operations and other Internal teams
by maintaining and sharing Database of all the limits uploaded, renewed & modified in Core Banking Solution
Basis approved Credit Terms
, Loading of limits on various
TREDS platforms viz. RXIL, M1 Xchange, Invoicemart etc.
Computation of Drawing Power (DP)
and advising Limits in Core Banking Solution for DP backed Credit facilities basis Stock Statements submitted by the Borrowers
Preparation of
exchange of information
on quarterly basis

Knowledge, Skills, Experience & Qualifications

The proposed candidate should have sound knowledge of companies act and loan documentation .
Knowledge of Microsoft excel is must.
Should have good communication skills
Should have good drafting skills
Chartered Accountant/Company Secretary/ MBA. LLB Qualification would be significant plus.
JAIIB/CAIIB
Should have experience between 12-15 years and 8-10 years in checker role.

a) To prepare and check loan documentation in line with sanction terms and RBI Guidelines

b) To load the limits once all conditions precedent are complied

c) To track pending documentation and track covenant as per sanction terms and management approval.

d) To calculate DP as per process and update the same in system.

e) To guide and mentor the makers

f) To suggest and implement best documentation practices.

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

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