Processor - Business Banking CAD - Mid Office- Rajkot
2 days ago
ROLE SUMMARY
The Person is responsible for end to end processing from Documentation to Disbursement to Monitoring in Business Banking segment in accordance with defined policies of Bank and in order to ensure statutory as well as regulatory compliance of all systems, processes and practices.
SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES Strategic/ Managerial Responsibilities
• Takes decisions by appropriately balancing short and long-term business interests, and communicates the rationale for key decisions
•
Establishes high standards of performance for his/her team and drives them to deliver within timelines with zero tolerance towards errors. Core Responsibilities
• The primary responsibility of the incumbent would be to ensure credit appraisals are adequately approved.
• Relevant documents for various facilities are prepared.
• Disbursement notice is prepared and covenants as specified in the appraisals are tracked
• The role would also involve interaction with CAD back office to ensure disbursement process is smooth.
• Ensures mandatory processing to be completed on same day for within TAT requests for cases and escalations of internal / external customer
• Ensures online reconciliation of transaction and No issues / open items pending People Management or SelfManagement Responsibilities
• Develops mutually benefiting partnerships with internal/ external stakeholders by establishing trusting relationships, treating all individuals fairly and with respect.
• Establishes high standards of performance for his/her team and drives them to deliver within timelines
• Displays responsibility for problems, initiatives and tasks that lie within the domain of own role Risk and Internal Control Responsibilities
• Should lead from the front and ensure that all the regulatory/compliance related matters are driven independently.
• Implement Internal Controls and best practices within the units. SECTION IV: KEY INTERACTIONS Key Internal Interactions Purpose of Interaction Risk, Credit, Business, Compliance, Audit, BDTS
For coordinating with all departments towards ensuring timely and effective communication of internal messages and compliance of Polices, Processes and best practices
For Proactively raises critical issues that impact organizational coordination, productivity, or effectiveness, and takes the lead in resolving them Key External Interactions Purpose of Interaction Customer
For servicing the deliverables as per request with high quality standards Vendor For coordinating processing of transactions assignments
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