Experience
- At least 2 years
- The applicants should have experience in the following business area(s): Banks
Education
MBA/MBM/Masters/Four years’ Bachelor Degree (preferably Business) from UGC approved universities having no 3rd class in academic records.
Candidate having minimum 16 years of schooling will be eligible.
Requirements
- At least 2 years
- The applicants should have experience in the following business area(s): Banks
Skills Required
Additional Requirements
Minimum 02 years of relevant work experience in the Credit Administration Division of any commercial bank or financial institution, preferably in credit transaction processing.
Working experience in credit administration desks in Bank’s branches will be preferable.
Preference will be given to candidates having MTO/PO background in commercial banks/ financial institution.
Preference will be given to candidates with experience in a centralized credit administration division within a commercial bank or financial institution.
Responsibilities & Context
Process and execute loan-related transactions in the Core Banking System (CBS) in accordance with approved credit facilities, bank policies and operational guidelines.
Process loan and advance disbursements after verifying the necessary approvals, documentation and compliance requirements.
Process loan repayments, installment adjustments, interest applications and other credit-related transactions accurately and within the prescribed timelines.
Enter, update, and verify loan account information, repayment schedules, interest rates, maturity dates and other relevant data in CBS.
Ensure that all transactions are supported by proper documentation and comply with the bank's credit policies, operational procedures and applicable regulatory requirements.
Monitor loan accounts and transaction records to identify discrepancies, irregularities or unauthorized transactions and report them to the appropriate authority.
Assist in reconciling loan accounts, resolving transaction discrepancies and preparing periodic operational reports.
Coordinate with branches, the Credit Administration Division, Credit Risk Management, Finance and Accounts and other relevant departments to ensure smooth processing of credit transactions.
Maintain proper transaction records, ensure adherence to maker-checker procedures and support internal and external audits.
Perform any other duties as assigned by Management to support smooth banking operations.
Job Other Benifits
Attractive compensation package will be offered to the deserving candidates selected for the positions based on the experience and competency.