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Credit Administrator

3 months ago


Mumbai, Maharashtra, India Mangalam Placement Full time

Location
Mumbai

Experience
5-6 Years

Key Skills
Facility Management, Security Documentation, Condition Analysis, Acquisition, Board & Committee Meeting, Company Secretary, Compliance

Position:
Credit Administrator


Qualification:
CA,CS,MBA


Experience: 5 to 6 years

Location:
Mumbai

***The job requires ensuring:
  • Adequacy of facility documentation/security documentation/ conditions precedent post acquisition of a loan
  • Tracking of covenants/exceptions emanating from Committee/Board approvals
  • Adequacy of available insurance policies pertaining to properties mortgaged/hypothecated and tracking of the same in excel/system
  • Initiation of Valuation/Revaluation/Stock Inspection of properties mortgaged/hypothecated as and when required along with tracking of the same in excel/system
  • Issuance of Closure Letter/No Dues Letter/ Asset Release Letter/ Sale Certificate/No Objection Certificates in case of retail loans
  • Vendor Management of Valuation/Stock Inspection/Storage Vendors
  • Storage of original documents with the storage vendor and maintaining the record thereof
  • Preparation of MIS/Reports pertaining to above as per requirements of the management
Prior experience in handling automation projects will be an added advantage.