Loan Operations Executive
2 days ago
**Job Summary**:
We seek a highly skilled Loan Operations Executive to oversee and streamline the loan disbursement process.
This role will ensure accuracy, compliance, and efficiency in loan processing, KYC verification, reconciliations, and disbursement activities.
**Key Responsibilities**:
**Loan Disbursement Management**:
Oversee loan disbursements, including approvals from management and internal teams.
Ensure all documentation is accurate before disbursement.
Manage the loan cancellation process when necessary.
**KYC Process Oversight**:
Own the loan KYC process, ensuring maximum efficiency in terms of output and turnaround time (TAT).
**Reconciliations & Transfers**:
Reconcile data between the system and bank transfers.
Handle interbank transfers and bank transfers for loan disbursements from respective accounts.
**Loan Document & Escalation Handling**:
Responsible for checking loan documents and handling escalations related to loan disbursements.
**Tech Enhancement & Process Improvement**:
Collaborate with the tech team to enhance loan processing systems and workflows.
Proactively identify and implement process improvements.
**MIS Reporting & Tracker Maintenance**:
Prepare daily, weekly, and monthly MIS reports.
Maintain various trackers for management updates and ensure they are kept up-to-date.
**Cross-functional Coordination**:
Act as a liaison between internal teams and external partners to ensure smooth operations.
**Qualifications & Experience**:
Graduate/Postgraduate from a reputed college or university.
MBA/CA/Finance degree is preferred.
1 to 2 years of experience in Financial Services, NBFC, or Banking sectors, specifically in loan operations or similar roles.
**Skills & Knowledge**:
- Strong understanding of loan processes, especially in a high-velocity environment.
- Experience with compliance and process documentation.
- Excellent problem-solving and decision-making skills.
- Ability to work in a fast-paced, flexible environment with attention to deadlines and details.
- Strong multi-tasking abilities and the capacity to manage complex client situations.
- Strong networking and communication skills.
**Perks and Benefits**:
- Alternate Saturday off.
- Medical benefits.
**Job Types**: Full-time, Permanent
Pay: ₹200,000.00 - ₹600,000.00 per year
**Benefits**:
- Health insurance
Schedule:
- Day shift
Supplemental Pay:
- Performance bonus
**Experience**:
- Loan Operations: 1 year (required)
- total work: 1 year (required)
Work Location: In person
Application Deadline: 07/01/2025
Expected Start Date: 10/01/2025
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