3.0 - 7.0 years

0 Lacs

gandhinagar, gujarat

On-site

The job involves various responsibilities related to Credit Administration and Operations: Credit Administration: - Issuing and reviewing facility-related documents, including conducting KYC and AML checks. - Preparing loan agreements and facility letters, including debtor approval letters. - Obtaining approvals from relevant departments for any deviations as required. - Liaising with correspondent factors regarding limits and coordinating with various teams such as Business Development, Credit, Legal, Finance, and Operations. - Creating securities in accordance with facility approvals and maintaining facilities and limits in the factoring systems. - Developing and updating the Credit Administration Manual to ensure consistency. - Ensuring compliance with the activities outlined in the CAD Procedure Manual. Operations: - Managing day-to-day operational activities for Factoring/Trade Finance. - Developing and updating the Operations Manual to streamline operations. - Ensuring timely disbursements to clients and compliance with FCI rules for international factoring. - Ensuring compliance with all applicable statutory bodies for Factoring/Trade Finance. - Managing collection activities, which includes monitoring, follow-ups, and controlling overdues to maintain financial health. The ideal candidate should have a strong understanding of credit administration processes, operational management, compliance requirements, and coordination with multiple internal teams. Effective communication, attention to detail, and the ability to prioritize tasks are essential for success in this role.,

Posted 1 month ago

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