JOB PURPOSE:
This role is primarily responsible for processing the following category of loans and related transactions :
- Conventional Loans- Corporate loans such as Syndicated and Bilateral.
- Islamic facilities such as Murabaha and Ijarah.
In addition to disbursals the role involves processing of loan amendment activities such as - change of pricing tenor repayment schedules rollover settlements and past due recoveries.
Detailed Responsibilities
- Set up/Input and processing of new loans and other loan related maintenance activities (Settlements pricing change repayment schedule updates etc.) received from CAD in the Core banking system
- Booking of various fees and internal fund transfer in the Core Banking system
- Blocking and unblocking of accounts in the system
- Diarizing of transactions
- Providing remittance instruction for Syndicated loan proceeds to Payment Centre
- Performing internal account reconciliations and follow-ups on outstanding/pending dues
- Ensuring efficient error free processing of transactions with strict compliance to policies DOA SOP and within the agreed SLAs
- Involvement and participation in various UAT activities.
- Handling loan related queries raised by internal stakeholders
- To minimise operations risks for the Bank by ensuring that all transactions that are processed comply fully with underlying customer or internal instructions.
- Ensuring conformance to internal procedures / policies / guidelines and local and international norms and regulations as applicable
- Undertaking all daily-processing activities related to a particular product or sub function
- To participate actively in the various initiatives within section / unit / department/division/group and the Bank as and when required.
- To engage on any other activity falling within pretext of a Processor
- Providing periodical reports and management information for effective decision making
Qualifications :
Minimum Qualification
- Bachelors degree in Commerce Accounting and Finance or related discipline.
Minimum Experience
- 4-6 years relevant experience in the banking sector with at least 4 years in similar positions of progressively increasing managerial responsibilities in Corporate Loans processing.
Remote Work :
No
Employment Type :
Full-time