Job
Description
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Job TitlePrivate Bank Operations US, AVP
LocationPune, India
Role Description
Individual will provide daily support and guidance to staff within the department and will work closely with Team, co-AVPs and function head to transform the existing processes and act like a project manager.Responsible for ensuring that day to day operations function smoothly and issues are resolved for teams.Other responsibilities include preparation of Management reports and Departmental initiatives. AVP may also be responsible for other activities like BCM, Audits & Controls, Process controls & governance.You will be responsible for transitioning of any new process from formulating strategy, hiring people, working with onshore to get the training requirements in place and will play as SPOC to accomplish the smooth transitioning.
What well offer you
,100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationAccident and Term life Insurance
Your key responsibilities
Being a Transformation agent and project manager for whole Lending PB US Operations team across Jaipur & Pune to invite ideas, review processes, initiate transformation projects in conjunction with Ops & IT teams, execute the initiated projects on timely basis and demonstrate / present the efficiency achieved. Managing Loan Operations processes like Deal Origination, Funding, Payments, Invoicing, Documentation & Collateral etc.Managing Deal building, documents validation & deal closing with initial fundingManaging Services related activities, such as, Funding, Repricing, Rollovers, interest and principal payments, deal termination, pay off letter, past dues, and wire allocations.Reviewing workflows and operating procedures to ensure that they remain up to date and implementing process improvements.Reviewing regulatory requirements and ensure all regulation controls are implemented and followed.Reviewing financial issues /breaks, work with finance and treasury to prioritize resolutionReviewing daily benchmark reports (KPIs) for each of the process lines, investigating benchmark breaches (KPIs) with the counterparts and working to improve the process.To build up process documentation, define benchmarks, capacity model, baseline volumes etc. for newly transitioned processes.Be a change lead to support any platform change, process change projects initiated by the organization and make sure all deadlines are adhered to.Regular connect with stakeholders to understand and prioritize business requirements.Effectively manage risk and foster a robust control environment.Building a strong mechanism to take care of volume peaks during peak season ( If any)
Your skills and experience
At least 5 years of Transformation and Project Management experience within Lending Operations domain preferable involving application Loan IQAny Project management and Transformation Lead related education certifications would be a plus.Prior experience in Wealth Management Ops and Deal origination / Loan Ops/servicing payment and finance is a must.Strong understanding of Bilateral and syndicated Loan products.Good understanding of Operational risk in Lending business and ability to manage the same through proactive controlsHands on working knowledge of Loan IQ applicationNeeds to be a self-starter with significant ability to plan and undertake process change initiatives.Strong interpersonal / good negotiations skills are required, leadership skills will be essential for this role.Follow through skills, Effective communication skills, fluency in Microsoft Office skills, ability to confidently handle internal clients, futuristic and innovative approach will be expected.Ability to compile, analyze and present data in MIS form as needed for Management reporting.Ability and willingness to work in night shift is a must.
Experience/Exposure
Graduates with good academic records.Total experience 10 years Plus in same industry and function is a must
How well support you
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