Credit Administration (CAD) Operations

As a Credit Administration Officer, your role will involve issuance and scrutinization of Facility related documents, which includes conducting KYC and AML checks, handling loan agreements, and preparing Facility Letters such as Debtor Approval Letters. You will be responsible for seeking approvals from appropriate verticals for any deviations, as well as liaising with correspondent factors for limits. Collaboration with various departments like Business Development, Credit, Legal, Finance, and Operations will be essential in your daily tasks. Additionally, you will play a key role in creating securities as per Facility approval and maintaining Facility & Limits in Factoring systems. Your responsibilities will also include creating and updating the Credit Administration Manual to ensure compliance with the activities outlined in the CAD Procedure Manual. Key Responsibilities: - Issuance and scrutinization of Facility related documents - Handling loan agreements and Facility Letters - Seeking approvals for deviations - Liaising with correspondent factors and various departments - Creating securities as per Facility approval - Maintaining Facility & Limits in Factoring systems - Creating and updating Credit Administration Manual - Ensuring compliance with CAD Procedure Manual In the Operations aspect of the role, you will be tasked with managing day-to-day operational activities for Factoring/Trade Finance. This includes ensuring timely disbursements to clients, adhering to the FCI Rules for International Factoring, and complying with all statutory bodies relevant to Factoring/Trade Finance. You will also oversee collection activities, monitoring, following up, and controlling any overdues to maintain operational efficiency. Qualifications Required: - Proficiency in credit administration processes - Strong understanding of Factoring/Trade Finance operations - Excellent communication and collaboration skills - Knowledge of KYC and AML checks - Ability to ensure compliance with regulatory requirements The above job description provides an overview of the responsibilities and qualifications required for the Credit Administration Officer role.,