Loan Operations
3 days ago
Acuity is currently looking for dedicated and motivated individuals who have strong leadership, organizational and teamwork skills for its Lending Services team based in Bangalore.
Candidates with 0 to 60 days of notice period are encouraged to apply . Interested candidates can directly mail the resume to
Note: Candidate must be comfortable working in US shift (5:30 PM to 2:30 AM IST)
Roles & Responsibilities
• Perform servicing activities in ACBS – Rollovers, Advances, Paydowns, Past Dues, fees, deal setup, reconciliation and others
• New Loan Onboarding, renewals and rebooking when needed
• Setup and update the repayment schedules in ACBS
• Review Credit agreement and other loan related documents
• Setup Pricing Index & Rules, Guarantor, Facility, type of facility, CRA info, Repayment, maturity etc • Assist Agency teams with any primary and secondary closings
• Maintain spreadsheets with Loan Trade information from initiation to Settlement
• Book the trade and process fees in ACBS
• Process invoices for Broker and Clear-par
• Reconcile cash payments: open cash items vs expected payments
• Review and correct as necessary Settlement Standard Instructions
• Track Past Due payments, clean up unpaid and prepare reports per requirement
• Ensure compliance with the Bank’s data governance policies, standards and operational procedures
• Prepare reports for upper management regarding status of project.
• Meet strict deadlines and ability to work under pressure
Preferred Candidate
• Min 5-12 years’ experience in Lending Services
• Understanding of Commercial Lending lifecycle with excellent understanding of Loan Agreements and other loan documents
• Excellent knowledge of ACBS is must
• Commerce Graduate / MBA (Finance)
• Good understanding of Project Management principles
• Excellent written and spoken communication skills
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