Credit Administration Professional
1 month ago
Job Summary:
We are seeking a skilled Credit Administration Professional to join our team at IDFC FIRST Bank. As a key member of our Wholesale Banking Operations, you will play a vital role in ensuring the smooth processing of commercial and consumer loan applications.
About the Role:
Key Responsibilities:
- Process approved commercial and consumer loan applications using automated loan document preparation software.
- Select appropriate Title Company, surveyors, appraisers, and other vendors as needed for loan documentation.
- Prepare loan documents and closing instruction letters according to guidelines.
- Transmit loan document packages to lenders in a timely manner.
- Prepare commercial and SBA loan documents as requested by commercial lenders.
- Provide backup support to other team members and contribute to the overall success of the department.
- Adhere to lending compliance issues and regulations, maintaining accurate records and reporting as necessary.
- Verify financial data and protect confidentiality in accordance with bank policies.
- Maintain up-to-date knowledge of company policies, underwriting guidelines, and industry developments.
Requirements:
Education and Experience:
- Bachelor's degree or equivalent required; MBA/PGDM preferred.
- Minimum 5 years of experience in credit administration or related field.
- Strong analytical, communication, and interpersonal skills essential for success in this role.
Salary and Benefits:
The estimated salary for this position is ₹800,000 - ₹1,200,000 per annum, commensurate with experience. In addition to a competitive salary, we offer a comprehensive benefits package, including medical insurance, retirement plan, and opportunities for professional growth and development.
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