Financial Operations Specialist
1 week ago
About the Role:
IDFC FIRST Bank is a leading financial institution that provides innovative banking solutions to its customers. We are currently seeking a highly skilled Financial Operations Specialist - Loan Expert to join our Treasury Operations team.
Job Summary:
The Financial Operations Specialist - Loan Expert will be responsible for ensuring the smooth management of term loans lifecycle from disbursal to repayment, overseeing operational integrity for working capital demand loans, and setting up limits for Wholesale Banking and Treasury. The successful candidate will also be expected to provide accurate drawing power calculations and stay updated on industry developments.
Key Responsibilities:
- End-to-end management of term loans lifecycle from disbursal to repayment, including origination, underwriting, disbursal, and repayment.
- Oversee operational integrity for working capital demand loans for both short-term and long-term periods, ensuring compliance with regulatory guidelines.
- Responsible for limit setup for Wholesale Banking and Treasury, including cash credit and trade limits.
- Ensure accurate drawing power calculation for top management and provide input for monitoring customer position of stocks and credit.
- Stay abreast of latest developments in the industry by studying sanction conditions and stock statement updates.
- Drive automations and digitization initiatives to enhance operational efficiency.
Requirements:
- Bachelor's degree in Commerce or related field.
- Prior experience in loan operations or related field.
- Excellent communication and analytical skills.
- Ability to work in a fast-paced environment.
What We Offer:
IDFC FIRST Bank offers a competitive salary package, comprehensive benefits, and opportunities for growth and development. Our employee value proposition includes:
- Competitive base salary: ₹25-30 lakhs per annum.
- Performance-based bonuses.
- Comprehensive health insurance.
- Retirement plan.
- Employee stock ownership plan (ESOP).
How to Apply:
If you are a motivated and detail-oriented individual with a passion for financial operations, please submit your application with a cover letter and resume to us.
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