Credit Monitoring Executive

1 week ago


Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Credit Monitoring Executive-RELATIONSHIP BANKING GROUP-Credit Monitoring Group

Job Role :

  • Monitoring credit covenants in relation to working capital facilities sanctioned like ensuring timely submission & adequacy of insurance policies of securities provided, financials submission, DP calculations, cash flow routing etc. at decided frequency and taking necessary action in the events of default.
  • Transaction level monitoring for TODs, adhocs, high value transactions etc. in form of report circulation, follow up with RMs & closure report on monthly basis to ensure time action by customers and RMs.
  • Preparations of audit schedule for Cash Credit, SPG & Channel Finance facilities, updation of audit status at regular intervals, follow up with the auditors on regular basis to ensure timely completion
  • Portfolio quality related reports preparation like stock audit report reviews, highlighting the same to functional head of credit, sales and business and taking corrective actions as per approved processes
  • Any other specific tasks related to credit monitoring of portfolio

Job requirements :

  • 1-2 years' experience in Credit monitoring.
  • Ability to multi task, develop rapport with different functionaries like Relationship Managers, Operations, and Credit team.
  • Ensuring proper TAT & delivery of all the reports.
  • Ensure timely query resolutions.
  • Ability to identify opportunities of improvement in process and suggest changes to solve issues
Experience LevelExecutive Level

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