Loan Documentation Specialist

1 month ago


Chennai, Tamil Nadu, India 12542 Citicorp Services India Private Limited Full time
Job Summary

The Loan Doc & Proc Rep performs complex tasks with a direct impact on the business, ensuring the quality of tasks and services provided. This role works under minimal supervision, servicing a diverse array of products and services. The individual applies in-depth knowledge of technical and professional principles, as well as team objectives, to ensure the quality and service of self and others.

Key Responsibilities
  1. Manage the preparation and review of loan documentation, providing support to various tasks related to the loan process.
  2. Independently process and close loans within a complex loan operations environment, interpreting data and contributing to recommendations for loan process improvement.
  3. Minimize risk to the bank through knowledge of procedural requirements, understanding and monitoring errors to suggest solutions.
  4. Timely escalate all inquiries and issues related to loan documentation.
  5. Develop a good understanding of products, processes, industry practices, and standards.
  6. Apply a good knowledge of specialized administrative/technical skills to monitor, analyze, and evaluate processes and data.
  7. Ensure the accuracy of tasks performed and the quality and timeliness of tasks affecting own team and closely related teams.
  8. Apply a good understanding of how the team and area integrate with others in accomplishing the objectives of the wider team/working group.
  9. Utilize good communication and interpersonal skills to interact with colleagues and stakeholders, exchanging potentially complex/sensitive information.
  10. May have direct interaction with external customers to disseminate or explain information.
  11. Perform loan documentation/processing functions of moderate complexity.
  12. Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets.
Qualifications
  1. 1-2 years of relevant experience.
  2. Elementary level knowledge of Business Processes, Systems, and Tools used in the Loan Process.
  3. Demonstrate understanding of Loan Processes, Procedures, Products, and Services.
  4. Basic awareness of managing, preparing, and reviewing loan documentation.
  5. Able to identify, mitigate, manage, resolve, and escalate risks and issues.
  6. Awareness of risk types, policies, and control measures and processes.
  7. Comply with applicable laws, rules, and regulations, and adhering to Policies.
Education
  1. High School diploma or equivalent.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.



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