Credit Administration (CAD) Operations

Job Description

CREDIT ADMINISTRATION: Issuance and scrutinization of Facility related documents including KYC and AML checks Loan agreements Facility Letters including Debtor Approval Letters Seek approvals from appropriate verticals for any deviations Liasioning with correspondent factors for limits Liasioning with Business Development, Credit, Legal, Finance and Operations Creation of securities as per Facility approval Facility & Limits maintenance in Factoring systems Creating/Updating Credit Administration Manual Ensure compliance with the activities as detailed in CAD Procedure Manual. OPERATIONS: Managing the day-to-day operational activities for Factoring/Trade Finance Creating/Updating Operations Manual Timely disbursements to Clients Compliance with the FCI Rules for International Factoring Compliance with all statutory bodies as applicable for Factoring/Trade Finance Collection activities – monitor, follow-up and control the overdues Show more Show less