Credit Administration Officer

As the Credit Administration and Operations, your role involves the following responsibilities: Role Overview: You will be responsible for credit administration tasks such as issuance and review of facility-related documents, preparation of loan agreements, obtaining approvals for deviations, liaising with correspondent factors, and coordinating with various departments. Additionally, you will manage day-to-day operational activities for Factoring/Trade Finance, ensuring timely disbursements to clients and compliance with relevant rules and regulations. Key Responsibilities: - Issuance and review of facility-related documents, including KYC and AML checks - Preparation of loan agreements and issuance of facility letters - Obtaining approvals from relevant departments for any deviations - Liaising with correspondent factors regarding limits - Coordinating with Business Development, Credit, Legal, Finance, and Operations teams - Creation of securities as per facility approvals - Maintenance of facilities and limits in the factoring systems - Creating and updating the Credit Administration Manual - Ensuring compliance with the activities outlined in the CAD Procedure Manual - Managing day-to-day operational activities for Factoring/Trade Finance - Ensuring timely disbursements to clients - Ensuring compliance with FCI rules for international factoring - Ensuring compliance with all applicable statutory bodies for Factoring/Trade Finance - Managing collection activities, including monitoring, follow-ups, and controlling overdues Qualifications Required: - Strong understanding of credit administration processes - Knowledge of Factoring/Trade Finance operations - Ability to coordinate with multiple departments and correspondents - Familiarity with KYC, AML, and compliance procedures - Excellent communication and organizational skills In addition to the above responsibilities and qualifications, you may also be required to create and update the Operations Manual as part of your role.,