Assistant Manager

☞ Yes Bank

View: 106

Update day: 06-05-2024

Location: Bengaluru / Bangalore Karnataka

Category: Energy Finance / Bank / Stock Legal / Contracts Security

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Job content

Ensure sanction is in line with Credit Policy of the Bank and also in line with regulatory guidelines. Further ensure all credit transactions processed is in compliance with Banks’s Policy.
 Ensure preparation of sanction letter and issue loan/security documentations required as per sanction terms
 Suggest process improvements for containing/reducing operations/credit/Fraud/ Regulatory risks
 Scrutiny executed loan and security documents are legally enforceable and it comply with all the provisions of Company Act/other statutory laws. Any discrepancy to be resolved or deferral approval to be provide as per Credit Policy.
 Ensure all pre sanction conditions are complied
 Issue Disbursement Notice to BO to set limit in the system
 Ensure high energy and motivation within the team
 Adherence to agreed SLA for each transaction
Post-disbursement:
 Post disbursement monitoring of loan conditions such as financial or non-financial covenants tracking and monitoring
 Close watch on Security creation and perfection as per agreed timeline. In case of delay charge penal interest
 Support to Relationship teams in clearing credit exceptions to the minimum and help in resolving them.
 Ensure error free reporting of various regulatory and internal MIS on regular basis
 Ensure NIL audit queries and audit rating is always good for the unit
 Coordinate with various internal stakeholders like Risk/legal/Operation risk/Fraud control/RCU
 Ensure all security charge filing is done within timeline with MCA or CERSAI
 In case account become NPA, adhere to internal guidelines of the Bank to take necessary action immediately

Qualifications

KNOWLEDGE
Minimum Qualifications  Master Degree in Business Management with Commence / Finance background
Language Skills  Written and spoken English is essential, Regional language is preferred

EXPERIENCE
Years of Experience  A minimum of 6 years of relevant experience with at least 4 year in a similar role
Nature of Experience  Prior experience in credit document handling preferred

Primary Location

Karnataka -Bangalore Metropolitan Area

Department

Corporate Credit Administration

Sub-Department

Corporate Finance CAD

Job Type

Standard

Shift

Day Job

Schedule

Full-time

Employee Status

Regular

Posted On

26.06.2021

Work Location

Bangalore Kasturba Road Branch

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Deadline: 20-06-2024

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