Organization Unit Purpose
Corporate Credit Business Support unit is responsible for all activities to clients post credit facility approval. This includes documentation execution and security perfection with the client, Document lodgment and limit update in Finacle, Loan Disbursement, timely update of collaterals, one off credit approvals and credit referrals processing, monitor allocated portfolio exceptions incl. past dues management & Central Bank audit report.
Job Purpose
Job purpose is to manage all post credit approval activities and timely service clients’ requirements within Bank approved framework with minimal RM engagement.
Job Content
Service Delivery
Ensure that all credit related transactions are timely processed as per stipulated standards.
- Raising Limit Extensions (post security pack handed over to the customer) till FRS release.
- Ad-hoc limit requests for temporary overdraft, Trade transactions, one off transaction, etc
- Process daily referrals (Smart business, RMWB transactions (trade, referrals, clearing/onus) with relevant approvals
- Timely Loan disbursements in compliance with approved conditions and bank laid applicable policies
- Loan Rollovers/ Pre-settlement/ Repayments.
- Intense engagement with clients’ finance managers, CFOs, authorized signatories, other for documentation execution, disbursement, collateral perfection, others.
House keeping and risk management
Regular account monitoring for exceptions and manage exceptions incl. one off credit requests for smooth client operations.
- Lodgment of perfected security pack to CRAD DLT and ensuring observations raised are addressed in a timely manner.
- Document deficiencies remediation within approved timeline
- WB Reports: Expired Valuation & Insurance Management remediation with minimal cases exceeding approved deferral timeline. Escalation in case of non-submission by clients and. Valid approvals/communications in place for expired items,
- Daily monitoring of exception reports e.g. Past Due, Excess, others and follow up with the client for timely settlement cc coverage team and timely escalation to BU / Management
- Early Alert report preparation
- Liaison with Group Legal on documentation queries / clarification or as required by stakeholders.
- Prepare report / data as and when required for Central Bank & other auditors.
- Pricing Check to be undertaken once FRS is released and as required
Customer Service
- Ensure top class customer service by coordinating with the concerned team (CRAD DLT, CRAD OPS, TFS, EMCAP) for smooth credit operations and processing customers’ requests in a timely manner.
Compliance
- Comply with the approved policies, procedures and norms to protect the organization’s and customer’s interests.
Personal Development
- Identify personal strengths and areas necessary for personal development
Education
- Must be a graduate with finance or accounting bachelor degree and MBA in business administration/finance.
Experiences
- Minimum of 4 years Wholesale Banking including Credit, trade products and operations
Knowledge & Skills
- In-depth Knowledge of Banking with knowledge of products and services and operational procedures
- Managing Internal and External Customer relationships
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