3.0 - 7.0 years

0 Lacs

gandhinagar, gujarat

On-site

As a Credit Administration and Operations professional, your responsibilities will include issuance and scrutinization of Facility related documents such as Loan agreements, Facility Letters, and Debtor Approval Letters. You will be required to conduct KYC and AML checks while liaising with correspondent factors for limits and seeking approvals from appropriate verticals for any deviations. Furthermore, you will collaborate with Business Development, Credit, Legal, Finance, and Operations teams to ensure smooth operations. Your role will involve creating securities as per Facility approval, maintaining Facility & Limits in Factoring systems, and updating the Credit Administration Manual. It is essential to comply with the activities outlined in the CAD Procedure Manual to maintain operational efficiency. In the Operations domain, you will be responsible for managing day-to-day activities related to Factoring/Trade Finance. This includes timely disbursements to clients, ensuring compliance with FCI Rules for International Factoring, and adhering to regulations set by statutory bodies for Factoring/Trade Finance. Additionally, you will oversee collection activities, monitor overdue accounts, and implement appropriate control measures. Your role will play a crucial part in maintaining the integrity of credit administration processes, ensuring operational efficiency, and upholding compliance standards in the Factoring/Trade Finance domain.,

Posted 1 month ago

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Credit Administrator 360tf

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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