Senior Loan Operations Manager
2 days ago
OneNDF, a leading financial services provider, is seeking an experienced Senior Loan Operations Manager to oversee and streamline its secured loan processes. The ideal candidate will have a proven track record in managing secured loan operations, including mortgages, loans against property (LAP), and other collateral-backed loans.
The successful candidate will possess strong knowledge of the secured lending market, loan documentation, and credit assessment processes. They will be able to create comprehensive credit assessment memos and effectively communicate with lenders.
Key Responsibilities:- Understanding Client Requirements:
- Engage with clients to understand their specific loan requirements, financial background, and goals.
- Provide expert guidance on the types of secured loans available and recommend suitable options based on the client's needs.
- Ensure a seamless customer experience by addressing any concerns or questions clients may have during the loan process.
- Credit Assessment & Analysis:
- Prepare detailed credit assessment memos that evaluate the borrower's financials, collateral details, repayment capacity, and creditworthiness.
- Conduct in-depth analysis of the client's financial statements, cash flows, and business performance to determine loan eligibility.
- Lender Coordination:
- Act as the primary point of contact between the client and lenders (banks, NBFCs) to discuss loan eligibility, credit terms, and requirements.
- Present credit assessment memos to lenders, providing all necessary documentation and justifications for loan approval.
- Negotiate terms with lenders to secure the best possible loan structure for the client, including interest rates and repayment terms.
- Loan Processing & Management:
- Oversee the end-to-end operations of secured loans, including loan applications, documentation, approvals, and disbursements.
- Monitor loan applications to ensure adherence to credit policies, procedures, and regulatory requirements.
- Maintain a high level of accuracy in processing loan documents, ensuring timely and error-free disbursements.
- Stakeholder Engagement:
- Build and maintain strong relationships with external stakeholders, including banks, NBFCs, and legal advisors, to ensure smooth loan processing.
- Work closely with the credit and risk teams to ensure alignment on loan approvals and risk assessments.
- Engage with clients directly when needed to resolve issues and ensure a smooth loan experience.
- Bachelor's degree in Business, Finance, or a related field; MBA or relevant certification is a plus.
- Proven experience (5+ years) in managing secured loan operations, including mortgages, loans against property (LAP), and other collateral-backed loans.
- Strong knowledge of the secured lending market, loan documentation, and credit assessment processes.
- Ability to create comprehensive credit assessment memos and effectively communicate with lenders.
- Excellent leadership skills with the ability to motivate and manage a team.
- Strong analytical and problem-solving skills with a keen eye for detail.
- Excellent communication and interpersonal skills to interact effectively with clients, team members, and stakeholders.
Estimated Salary: $80,000 - $120,000 per year.
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