Senior Associate - Credit Operations

3 - 5 years

4 - 8 Lacs

Posted:2 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Position Purpose
The position is located in ISPL and report to Manager Credit Ops _ISPL
  • Followings are assigned responsibilities.
  •  

    Direct Responsibilities

    Documentation
  • - Prepare and review facility letter and related security documents including support documents for uncommitted and committed bilateral facilities based on MyCreditApp (MCA) approvals and terms and conditions.
  • - Support syndication deals.
  • - After the completion of preparation of documents, send final draft in soft copies to ISPL checker for review.
  • - Prepare and review any amendments required during the drafting process.
  • - In case where required, prepare additional documents. (e.g. registration form for security documents, tenancy consent letter), invoice for set - up fees, memo to relevant department to arrange retrocession payment, etc.)
  • - Inputting and validating guarantee data for all business lines in the Received Guarantee Module(RGM) and ensuring that all the data in RGM is up to date for all credit facilities.
  • - Inputting covenant framework and updating required financial statements in the MCA (covenant module)
  • - Collection and follow-up of various fees such as renewal, commitment and upfront fees
  • - Signature verification of executed documents
  • - Preparation and review of NSSC form for overdraft interest conditions
  • - Limit maintenance and validation
  • - Support and participate; when necessary; in the organization of the Watch List and Doubtful debt committees and control the appropriate booking of specific provisions in accordance with the committee decision and accounting standards.

  • Data maintenance in the systems
  • - Input and verification of credit risk data and faclit in Atlas 2 and CAT based on (MCA) MyCreditApp output.
  • - Input and update overdraft rates in Altas 2 based on MCA output.
  • - Maintenance of monthly KPI reporting

  • Reporting :
  • Preparation, Analysis and distribution of Reporting, monitoring of excesses and exceptions at different frequencies

  • Ad Hoc Tasks
  • - Particpate and contribute to initaitives relating to process changes, system enhancement and UAT
  • - Participate and contribute local/regional/global projects
  • - Contribution to Regulatory/IG audits
  • - Participate and contribute to BCP

  • Contributing Responsibilities
  • - He or she shall possess a culture of accountability and discipline for management of credit risk data quality
  • - He or she shall have clear understanding of data definition in order to secure the data quality
  • - Direct contribution to BNPP operational permanent control framework.
  • - Comply with regulatory requirements and internal guidelines.
  • Technical and Behavioral Competencies required


    Technical
  • - Basic knowledge of the Financing & Capital Market products
  • - Basic knowledge of credit risk concepts
  • - Good command of Excel and Word
  • - Planning & Organization skills (setup and follow schedules)
  • - Good oral and written communication skills with internal and externa clients
  • - Knowledge of Commodity Finance products
  • - Basic knowledge of understanding B/S and P/L in the financial statement for calculation of financial covenants

  • Behaviour
  • - Accurate and attention to details
  • - Committed and motivated by a strong sense of accountability and care about delivering.
  • - Team player and collaborative
  • - Autonomy and capacity to take initiative
  • - Work under pressure
  •  

    Experience and Qualifications required

  • Minimum 3 - 5 years of relevant working experience (as per open position)
  • Degree holder or equivalent qualification in Banking sector
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