IDFC FIRST Bank—Analyst - Credit Administration

Job description

Description: Job Requirements Role/ Job Title: Analyst – Credit Administration Function/ Department: Wholesale Banking Operations Job Purpose 'Job requires to handle Post sanction activities in credit framework for Large Corporates and ensuring adherence to credit, regulatory, legal and product guidelines while allowing the disbursement to customer. As last gatekeep of the money and important control functions, team's role involves extensive due diligence and monitoring of credit conditions stipulated by approving committee and ensuring adeauate limit, covenant, collateral and documents management. Roles & Responsibilities: Primary Responsibilities ' '1. To handle wide range of products from working capital to term loan, NCD, Investment limits, Portfolio buyout, Commercial paper in Large corporate and FIG segments 2. Checking if all credit appraisals are adequately approved and conform to internal as well as RBI guidelines 3. Capability to guide/mentor the makers and ensure that processing are error free and within the committed timeline. 4. Check whether statutory / internal exposure limits are not breached. 5. Ensure enforceable legal documentation for credit facilities as per legal guidance and standard format/procedures. Involve in security creation including mortgages, pledge, hypothecation etc. 6. To Ensure compliance with all conditions precedent prior to disbursement 7. To give clearance for disbursement through the LSM/DM which is sent to Loan Operations. 8. Set process/ make modification in existing process to avoid operational risk at early stage. 9. Co-ordinate with loan operation team to seamless processing of transactions 10. Ensure various covenant/deferrals tracking in system 11. Liaison with Business Teams, Legal, Credit etc. for timely and quality delivarables by resolution of issues/answering queries. 12. Ensuring safe keeping of loan documents and retrieval of documents to vendor Educational Qualification: B com or M com Experience: 0 to 2 years in Banking Skills: credit administration, regulatory compliance, loan documentation, credit appraisal review, statutory compliance, covenant management, portfolio management, loan processing, analytical skills, vendor management, corporate product knowledge, audit management, operational efficiency, personal branding, problem solving, learning agility, credit documentation, credit risk management, regulatory reporting, developing people, quality assurance, communication & influence, data integrity, limit setup and disbursement, collateral management, post sanction monitoring, service delivery, digital literacy, risk reporting, stakeholder alignment