Credit Admin Associate
3 weeks ago
Title : Credit Admin Associate
Location : Remote In India
Duration : 6 Months
Experience
EXP- 2 years minimum
Description:
Credit Facility Limits are released and maintained in line with the credit approvals / documentation unit release instructions.
Update covenants in line with the credit approval.
Ensure interest rates, earmarking, reallocation and reinstatement of limits are correctly updated in line with approved terms and conditions.
Ensure syndication facility related disbursements, fee recoveries, rollover, settlements, interest/profit adjustments instructions are executed in an accurate and timely manner.
Maintain project trackers for discounting and monitoring progress payment certificates.
Monitor margin build ups and generate exception & control reports.
Place and release liens/hold/blocks & freeze on deposits, securities, accounts and investments in line with credit approvals / facility agreements.
Prepare and generate credit related letters / reports required for customers, regulators, management, audit etc. on demand / periodic basis.
Ensure credit bureau reporting is carried out in a timely and accurate manner.
Perform UAT’s on system enhancements related to the unit’s activities and ensure successful closure of the UAT.
Escalate any system / process irregularities in a timely manner.
Ensure “Zero” operational losses.
Ensure no audit findings.
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