Manager - Loan Operations - Bank

Under general direction, this position's primary responsibilities include all aspects of portfolio management as relates to assigned portfolio loans

Proactive team player with the ability to be influential and establish positive working relationships across the organization.

Essential Duties and Responsibilities:

Manage the daily operations of the department in an efficient and effective manner

Establish and maintain an efficient and productive working environment within the department based on continuous and effective staff communication.

Achieve established departmental goals within defined timelines

Successfully interact with the treasury placing funding requests, central processing team for proper accounting of the repayments & disbursement.

Reconciliation of clearing accounts and ensuring all incomes, expenses and disbursements are accounted promptly without any delay

Loan Monitoring - responsible for the ongoing asset management of a portfolio of loans, including developing a relationship with each borrower and conducting regular loan monitoring reviews

Portfolio management, with ability to alert management with early warning signals on accounts displaying stress

Implement operation policies and procedures to ensure compliance with regulations and internal compliance requirements

Take part in audit exercises on behalf of the operations team to ensure department procedures are achieving accurate and desired results. Implement clean-up procedures and corresponding changes when necessary and as appropriate

Communicate with management team to coordinate system and control activities related to loan documentation and monitoring.

Adequate knowledge in loan documentation, sersai formalities, NPA provisioning norms, credit bureau reporting, and knowledge of regulatory returns will be a great plus.

Interact with auditors, compliance, and examiners to assist in Bank reviews and examinations.

Follow up and correct any items addressed and ensure necessary changes or recommendations have been implemented as directed.

Identify System constraints in order to maximize the capabilities of the Bank's lending system

All other jobs as may be assigned from time to time

Education, Experience and Skills Required :

Relevant and current loan operations experience from a private sector bank /Public sector bank with SME/Mid corporate lending operations background

Must presently be part of the loan operations team /credit banking operations of private sector/public sector banks. Must be knowledgeable on all loan operations processes

Effective communication skills, both oral and written along with solid interpersonal skills

Know the business including policies, procedures, and compliance with applicable RBI rules and regulations