Commercial Lending Specialist

Job Title – Commercial Lending – Association /Senior Association/Team Lead/Assistant Manager

Location – Chennai

Shifts - Flexible to work in any shifts including night shifts

Notice Period - Looking for Immediate to 30 days only

Job Responsibilities:

Candidate with minimum 1+ years of experience in Commercial Banking

Knowledge of industry standards and best practices for Commercial Loan operations, Ability to streamline and efficiently process the loan servicing functions across commercial lending products

Handle client operations loan operations activities - servicing (loan boarding and maintenance), inquiries, email admin, UCC compliance, repayments, Escrow management, and run down admin support like reporting and compliance

Contextual and domain expertise in commercial loans operations

Communicating with onshore teams, stakeholders to resolve daily operational queries

Making sure principal and interest schedules repayments & collection cycles is in sync with Loan docs

Understanding of loan documents to verify servicing, repayment & billing process

Ensuring adherence to credit and loan management policy

Generating Payoff Quotes and Performing Deal payoffs to terminate loans in Sub ledger

Answering Risk & customer queries within stipulated timelines

Collaborating with Risk, Closing and Onboarding team to understand the Loan structure of upcoming accounts

Proficient in any of the Loan applications such as AFS Vision, ACBS, Loan IQ, Flex cube, etc.

Tracking of the transactions assigned and completion on time.

Daily Reporting of the activities/transactions processed. Maintain a proper record of all client files and dealings

Ability to work under pressure, and increased workload around quarter and end year reporting