Manager - Credit Administration

CAD-USA is responsible for managing Documentation Credit Control and MIS related activities for CIB business post credit approvals.

Core Competencies:

Credit Documentation

Recording all the transactions in the Share Point Workflow system.

Processing of daily work assigned and ensuring smooth flow of day-to-day activities and transactions.

Maintaining credit facility files with all the relevant documents received from the Coverage teams scanning of facility documentation before recording them in the vault for safe custody.

Preparation and Review of standard & non-standard documentation Syndicated Agreements Facility Offer Letters Security related documents Internal & External legal opinions and other condition precedent documents compliance with sanctioned credit approvals.

Ensuring all security/support documents have been properly executed signatures are verified and authenticities of the signatories are supported by resolution/POA.

Coordinating with CAD-International team in Head Office/Product Specialists/Coverage and Credit Teams as and when required in order to complete the documentation process/limit release in the Banks Systems.

Ensuring approval from relevant authorities is held for deferrals/waiver of any incomplete documents. Ensuring rectification of existing discrepancies/deficiencies (if any) in documentation.

Preparing and circulating documentation deficiency (expired/deferred documents) reports and following up for its timely submission /renewal.

Lodging documents and updating of collateral data in the Banks system.

Verifying and confirming periodically at the time of renewal/review of credit limits that all required security/support documents are physically held in safe custody and periodic clean-up of old and obsolete facility/security documents upon settlement.

Reviewing/verifying approvals requested for permanent release of collaterals security documentation and ensuring that there are no liabilities or outstanding and facilities are cancelled from the system.

Credit Limit and Control

Encoding and releasing of credit limits and ensuring accurate detailing before inputting the same into the Banks system.

Maintaining accuracy with regards to application of interest rates commission charges and various types of fees.

Preparing instructions for provisioning of accounts customer grade changes suspension of interest changes and write-off entries.

Preparing Facility Summary Sheet and sharing copies of Loan Agreements to Loan Middle Office for processing Loan Draw Downs repayment changes loan settlements and recovery of various Fees & Income.

Carrying out monthly activities such as review of limits in GLCMS and Core Banking System (T24) amendment of overdraft interest rates as applicable.

Encoding up to date interest rates codes in the Banks system.

Miscellaneous

Preparing Monthly Activity Report on rotation illustrating the total volume of transactions processed by the department in each month.

Periodically reviewing the Standard Operating Procedures (SOPs) for Credit Administration Department and providing suggestions to make them more robust from a risk and control perspective.

Completing the annual Risk and Control Self-Assessment (RCSA) for CAD USA.

Ensuring the timely closure of internal and external audit observations.

Updating the annual business continuity plan for CAD USA.

Preparing and analyzing various reports requested by the Unit Head/Ho CAD/Senior Management.

Preparing accurate and timely internal and regulatory reporting.

Ensuring completion of mandatory training requested by the Bank from time to time.

Qualifications :

Knowledge & Experience:

• Bachelors degree in finance Accounting Economics Commerce or any relevant discipline.
• Minimum 7-8 years with at least 5 years of experience in Credit Admin function and legal documentation within a Financial Institution preferably with international experience across multinational banks extensive experience and involvement in credit approval process

Remote Work :

No

Employment Type :

Full-time