Credit Administration (CAD) Operations

Credit Administration:

• Issuance and review of facility-related documents, including KYC and AML checks
• Drafting and execution of loan agreements
• Preparation of facility letters, including debtor approval letters
• Seeking approvals from appropriate verticals for any deviations
• Liaising with correspondent factors for limit approvals
• Coordination with Business Development, Credit, Legal, Finance, and Operations teams
• Creation of securities as per facility approvals
• Maintenance of facilities and limits in factoring systems
• Creating and updating the Credit Administration Manual
• Ensuring compliance with activities outlined in the CAD Procedure Manual

Operations:

• Managing day-to-day operational activities for Factoring/Trade Finance
• Creating and updating the Operations Manual
• Ensuring timely disbursements to clients
• Ensuring compliance with FCI Rules for International Factoring
• Ensuring compliance with statutory requirements applicable to Factoring/Trade Finance
• Overdue management: monitoring, follow-up, and control of collections