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1 - 6 years
2 - 6 Lacs
Chennai
Work from Office
Role & responsibilities Key responsibilities of the role include facilitating the CRE, C&I, Syndicated and bilateral loan closing, servicing, loan trading and quality review processes. Activities include but are not limited to performing legal documentation review, structuring and updating deal parameters on Loan system, tracking legal and compliance documentation, and providing overall support on the assigned loan portfolio. Loan Operations Specialist is also responsible for ongoing portfolio management tasks including tracking for receipt of borrower financials & compliance, monitoring deal pricing, managing secondary loan sales, tracking and processing loan documentation, and closing deal amendments. This position manages the relationship with the middle office, syndication desk, legal, finance, borrowers and syndicate banks. Loans Operations activities will include but are not limited to: Deal Closing Drive the deal closing process with pre-closing review of credit approval, loan documents, compliance, legal documentation, due diligence, and funding & booking mechanics. Deal Booking - Activities include performing legal documentation review, structuring and updating deal parameters on Loan system to ensure compliance with credit and pricing requirements as well as bank policies and procedures. Deal Funding Activities include Fed wire payments for borrower funding, legal fee payment, fee distribution to the syndicate bank group etc. Deal Review Perform quality review of the loan set-up in the Loan system, while interpreting legal, loan and compliance documentation including credit agreement. Deal Servicing - Activities include processing loan funding, roll-overs, interest rate changes, monitoring/reconciling loan, loan billing, letters of credit, loan payoffs, collateral releases and supporting client requests. Secondary Loan trading - Trading loan via assignment on the term loan facilities, revolving credit facilities etc. Preferred candidate profile Minimum of 2-12 years experience in commercial loan operations or a credit/lending experience within capital markets/Investment banking depending on the levels Knowledge of commercial loan documentation. Ability to review commercial loan documents such as loan/credit agreement, syndicated agreement, intent notices, notes, guaranties, letter of credit, financial documents and security documents for accuracy and agreement with approved terms Knowledge of commercial credit products Knowledge of credit and commercial loan systems. Good verbal, written and organizational skills Detail oriented with ability to multitask and prioritize and work in a team-based environment Open to work in US shifts. Immediate joiners prefered. Interested candidates please share your resume to priyadarshini.narayanan@cognizant.com
Posted 3 months ago
9 - 14 years
16 - 25 Lacs
Bengaluru
Work from Office
We are looking for a passionate, energetic individual to join our Lending Services division. You will be part of team working as an extension to our US based client ensuring we fulfill the applicable SLAs. Key Skills / Responsibilities (Commercial Loan Operations- CLO) Review commercial syndicated credit agreements and other loan related documents for new and amendment Identify and understand the clauses and provisions on FATCA in the credit agreements Detailed review of W8 forms in relation to FATCA compliance (Foreign Account Tax Compliance Act) Identify the inconsistency, missing documents, missing information and raise the remediation request Reach out to the client for new, updated documents as per the IRS reporting requirement Create and update the details in Loan IQ and other applications for both existing and new facilities Coordinate and collaborate with different teams throughout the process Ongoing daily, weekly, monthly reporting to the client Ensure compliance with the Banks data governance policies, standards and operational procedures Ensure timely completion of tasks while adhering to outlined standards. Demonstrate strong organizational skills and attention to detail in all aspects of the role. Hands on experience in preparing Standard Operating Procedures (SOPs) Adhere to the process guidelines and create process flow/documentation. Prepare reports for upper management regarding status of project. Ongoing communication with client basis the process requirement Meet strict deadlines and ability to work under pressure. Actively participate in team meetings to share insights and provide updates on ongoing tasks and projects. Required competencies: 9 to 14 years' experience in Commercial loan operations Strong understanding of FATCA compliance (Foreign Account Tax Compliance Act), W8 forms, IGA, IRS Reporting Strong understanding of syndicated loan agreements and has an ability to understand and interpret the clauses in the credit agreement. Working experience in loan management system Loan IQ, AFS Vision and other Loan Management applications. Hands on experience syndicated loans onboarding for new and amendments. Ability to build collaborative relationships and effectively leverage networks to mobilize resources Strong problem-solving skills and desire to dig into complex title issues and identify solutions Ability to manage multiple tasks while maintaining strong attention to details and timelines Flexible to work in various projects in Banking Operations based on the client requirement. Commerce Graduate / MBA (Finance) Good coaching and mentoring skills Excellent written and spoken communication skills Job location- Bengaluru Designation- Manager/ Assistant Director
Posted 3 months ago
1 - 6 years
3 - 8 Lacs
Pune
Work from Office
An ideal candidate for the Content Writer role will have a background in literature with a flair for writing crisp, easy-to-understand, effective, and SEO-friendly content. Experience in writing both long-form and short-form content for B2B and B2C clients is essential. Job Role : Write content for the company s websites. Create innovative write-ups. Syndicate published content to increase footfall. Produce plagiarism-free and SEO-friendly content. Write for social media platforms. Develop creative and catchy captions for social media posts. Write both long and short-form content as required. Skills: Excellent written and spoken English skills. Ability to write SEO-friendly content. Capability to provide plagiarism-free content. Knowledge of content syndication and content marketing. Proven experience in writing content for MarTech. Experience writing for B2B, B2C, and technical clients. Proficiency in MS Office SEO knowledge Familiarity with Grammarly and plagiarism software Education: Bachelor s Degree in Mass Communication & Journalism 1+ year of experience in a relevant domain
Posted 3 months ago
2 - 7 years
8 - 9 Lacs
Chennai
Work from Office
Opportunity with Bank Loans Experience: 2 to 11 years Candidate should have minimum 2+ years of experience in Bank Loans Job Responsibility Understanding of loan lifecycle management. Experience in loan syndication process. Knowledge of payment processing (interest, fees, principal etc.). Processing of drawdown request and understanding of notices Expertise in applications like, WSO, ACBS, LIQ, TLM ,LIBOR,Term Loan, Interest and fee reconciliation Accurate and timely wire application Exposure reconciliation (term and revolver loans) Knowledge on pricing grid, servicing parameters, pay offs etc Understanding of PIK, amortization, fee setups, libor breakage calculation etc. Attention to details Looking into the past dues, unapplied cash and cash breaks Knowledge into trade life cycle (buy and sell trade) Adhere to established operating, risk, and compliance controls and standard operating procedures. Elevate areas of potential loss/exposure immediately and include supporting documentation. Serves as a technical resource to junior staff. Reviews all open risk, control and reconciliations exceptions and work towards resolution of the same Knowledge of downstream effects and economic impact of the different types of loan Ability to apply industry knowledge to help other staff members The individual acts as a second level resource within assigned business unit to support transactions in accordance to established procedures. Willing to work in night shifts/ rotational schedule Process large and variable volumes accurately whilst consistently meeting external and internal deadlines
Posted 3 months ago
15 - 20 years
17 - 22 Lacs
Chennai
Work from Office
Project Role : Sales Origination Practitioner Project Role Description : Orchestrate and lead the entire origination process for a cross-client, cross service-group deal working with the CAL, the client team and relevant subject matter experts. Must have skills : Sales Pursuit Management Good to have skills : ServiceNow Minimum 15 year(s) of experience is required Educational Qualification : BE Summary :As a Sales Origination Practitioner, you will orchestrate and lead the entire origination process for a cross-client, cross service-group deal working with the CAL, the client team and relevant subject matter experts. You will be responsible for driving the sales pursuit management and ensuring successful deal closures. Your role will involve collaborating with various teams and stakeholders to provide strategic solutions and deliver exceptional client experiences. Roles & Responsibilities: Expected to be a SME with deep knowledge and experience. Should have Influencing and Advisory skills. Responsible for team decisions. Engage with multiple teams and contribute on key decisions. Expected to provide solutions to problems that apply across multiple teams. Lead and manage the entire origination process for cross-client, cross service-group deals. Collaborate with the CAL, client team, and subject matter experts to drive successful deal closures. Provide strategic solutions and recommendations to clients based on their specific needs. Professional & Technical Skills: Must To Have Skills:Proficiency in Sales Pursuit Management. Good To Have Skills:Experience with ServiceNow. Strong understanding of sales strategies and techniques. Excellent communication and negotiation skills. Proven track record of successful deal closures. Ability to build and maintain strong client relationships. Additional Information: The candidate should have a minimum of 15 years of experience in Sales Pursuit Management. This position is based at our Chennai office. A BE degree is required. Qualifications BE
Posted 3 months ago
15 - 25 years
17 - 27 Lacs
Bengaluru
Work from Office
Project Role : Sales Origination Practitioner Project Role Description : Orchestrate and lead the entire origination process for a cross-client, cross service-group deal working with the CAL, the client team and relevant subject matter experts. Must have skills : Sales Pursuit Management Good to have skills : NA Minimum 15 year(s) of experience is required Educational Qualification : BE Summary :Lead and orchestrate the entire origination process for a cross service-group deal, working with the CAL, the client team, and relevant subject matter experts.Roles and Responsibilities:Develop and maintain relationships with key stakeholders, including clients, partners, and internal teams.Identify and pursue new business opportunities, leveraging expertise in ServiceNow applications.Collaborate with cross-functional teams to develop and deliver compelling proposals and presentations that meet client needs and drive revenue growth. Professional & Technical Skills:Must To Have Skills:Expertise in ServiceNow.Good To Have Skills:Knowledge of Customer service /Helpdesk applications.Strong understanding of sales origination processes and techniques.Excellent communication and interpersonal skills, with the ability to build and maintain relationships with key stakeholders.Proven track record of driving revenue growth through successful deal origination.Ability to work collaboratively with cross-functional teams to develop and deliver compelling proposals and presentations. Additional Information:The candidate should have a minimum of 15 years of experience in Sales , Delivery and Customer facing engagements. The ideal candidate will possess a strong educational background in business, marketing, or a related field. This position is based at our Pune, Bangalore,Mumbai,Gurgaon office. Qualifications BE
Posted 3 months ago
5 - 10 years
0 - 3 Lacs
Devanahalli, Bangalore Rural
Work from Office
Essential Qualification and Work Experience: 1. 15+ years of work experience, predominantly in USA Banking Operation in depth knowledge of entire Commercial loan life cycle. Origination knowledge will be advantage. 2. Exposure towards USA Credit policy guidelines. 3. Experience in handling huge team across multiple locations. 4. Active participation in Solutions and Transitions is a must. 5. Understand market dynamics and drive business decisions 6. Ability to thrive in a fast paced, multi-tasking environment and to manage multiple deadlines Preferred Technical Skills: 1. Transformational leadership skills 2. Strategy development 3. Analytical skills 4. Exceptional communications verbal and writing 5. Good interpersonal skills Skills required: 1. Loan IQ 2. ACBS 3. Loan Servicing 4. Commercial lending Essential duties and responsibilities include the following (other duties may be assigned) 1. To ensure customer engagement / satisfaction. 2. Accomplish and exceed business goals through various methods. Guide and mentor highly motivated team. 3. Liaison with front end team and provide support. Interact with solution and transition teams to ensure project requirements are met. Outcomes expected/measurable 1. Create and hone leadership and domain expertise across the locations. 2. Enable teams / identified leaders to contribute to the overall growth of organization 3. Meet and exceed all the contractual obligations and focus on continuous improvement using technology interventions 4. Measure and improve the ops metrics, create strategic long-term plan for the vertical 5. Should understand customer Quality & productivity expectations. If your profile is matching with above skills and responsibilities mentioned, you can share your profile at Taha.Momin@coforge.com and subject line should be "Manage role - Loan ops" Please do mention the following in the body of the email. 1. Notice period : 2. Current Location : 3. Current CTC : 4. Expected CTC : Thanks and Regards, Talent Acquisition team - Coforge BPS
Posted 3 months ago
9 - 14 years
11 - 16 Lacs
Chennai, Pune, Mumbai
Work from Office
Requirement is for someone with experience in LoanIQ and ACBS - should have experience in Loan IQ Migration testing Job title Lead Analyst – Loan Operations Location Mumbai/Pune/Chennai, India Experience 8+ years of experience commercial lending, Syndicated and bilateral loan processing Job duties Thorough understanding of Loan product Lifecyle with exposure across various Loan management systems, documentation, closing, funding, and post closure servicing of transactions Knowledge of key activities across the Loan Syndication, various loan products, Syndicated and Bilateral deals Sound understanding of loan products; policies and processes; documentation requirements; risk systems, including loan origination systems; limits and exposure management; legal documentation Acquaintance on handling multiple migrations from other systems to Loan IQ; train and guide new user groups in different Loan IQ functionalities, modules, etc. Loan IQ pre-implementation unitary testing – functionalities, data etc., configuration testing, UAT testing Generate and share comprehensive report on metrics and team performance to the higher management Familiar with Loan IQ navigation as booking of outstanding loans/SBLC, manual adjustment of accruals, Manual cashflow Manage Loan servicing function by ensuring accurate static set up of client in LIQ. Static set up includes KYC checks, credit agreement, Deal set up, Facility & Loan set up in Loan IQ Funding, payments, rollover, nostro reconciliation and calculation of interest and fees per the notice sent by agent bank Qualification CA/ MBA Finance/ B.com/ M.com Skills required Proficient in using various tools such as Loan IQ, ACBS, Flex-cube, XMC and MS Excel Understanding of credit agreement, admin detail form, pricing letters, borrowing notices Strong background with LoanIQ Platform – functional knowledge and validation, with experience is supporting designing of customised loan originations systems Loan IQ migration testing – pre-implementation as well as post implementation Techno-domain knowledge both Migration of active deals to LIQ from other software – configuration testing in LoanIQ Creation of outstandings in Loan IQ, Servicing, FED/SWIFT payments Knowhow around lending products is required, while experience across all corporate, commercial and retail banking in an added bonus Ability to implement tasks and projects with minimal supervision Proficient in MS Office application with advanced knowledge of excel a strong plus Personal attributes/ Interpersonal skills required Independent and decisive mindset; strong analytical and problem-solving skills; a structured working style with passion for deep diving into problems. Team player Ability to work on tight deadlines Strong interpersonal and communication skills; ability to work effectively across teams Ability to independently investigate/ analyse information and present conclusion What we’ll offer you Comprehensive Health Insurance for you and your dependents Complementary Health screenings Sponsorship for Industry relevant certification and education
Posted 3 months ago
18 - 23 years
20 - 25 Lacs
Chennai, Pune
Work from Office
Project Role : Sales Origination Practitioner Project Role Description : Orchestrate and lead the entire origination process for a cross-client, cross service-group deal working with the CAL, the client team and relevant subject matter experts. Must have skills : Sales Pursuit Management Good to have skills : Sales Enablement Minimum 18 year(s) of experience is required Educational Qualification : 15 years full time education Summary :As a Sales Origination Practitioner, you will orchestrate and lead the entire origination process for a cross-client, cross service-group deal working with the CAL, the client team and relevant subject matter experts. This role involves managing complex sales pursuits and collaborating with various stakeholders to drive successful outcomes. Roles & Responsibilities: Expected to be a SME with deep knowledge and experience. Should have influencing and Advisory skills. Engage with multiple teams and responsible for team decisions. Expected to provide solutions to problems that apply across multiple teams, and provide solutions to business area problems. Lead and coordinate the sales pursuit process from initiation to closure. Develop and implement pursuit strategies to maximize deal success. Collaborate with internal teams to ensure alignment and support throughout the pursuit. Provide guidance and mentorship to junior team members. Professional & Technical Skills: Must To Have Skills:Proficiency in Sales Pursuit Management. Good To Have Skills:Experience with Sales Enablement. Strong understanding of sales methodologies and processes. Excellent communication and negotiation skills. Ability to analyze market trends and competitor activities. Proven track record of successful sales pursuits. Additional Information: The candidate should have a minimum of 18 years of experience in Sales Pursuit Management. This position is based at our Chennai office. A 15 years full time education is required. Qualifications 15 years full time education
Posted 3 months ago
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