Credit Officer - Post Sanction - Bank

Credit officer (Post Sanction)

We are Hiring for the position of Credit Officer ( Post Sanction) for a MNC Bank.

Post - Credit Officer - (Post Sanction)

Location- South Delhi

Experience - 3 to 6 Years

The Job description is as below for your reference:

- Preparation, Execution of Fresh and Renewal / Extension Documents of Corporate Loans in line with the Sanction Letter for Fund and Non-Fund based facilities like CC/Overdraft, Operation loan, PCFC, Term Loan, Bank Guarantees, LC's etc.

- Maintenance and Safekeeping of all Loan and Title Documents under dual custody structure.

- MIS preparation (Daily/Monthly/Quarterly/Fortnightly) for Branch/HO/RBI reporting.

- Preparation of various certificates like Balance Confirmations, Interest and other Miscellaneous Certificates.

- Routine system transactions i.e. Loan Disbursement, Repayment, Extension, Monthly Interest entries, Processing Fee and other charges etc. and Registration of Collaterals in system.

- Security Charge creation and perfection in CERSAI and MCA portals for all loans including Digital Factoring Loans and maintaining reports of the same for statutory inspections.

- Reconciliation of Dummy Accounts and E- Stamp paper stock for audits.

- Follow up with corporates for Month-End OD interest servicing and other statutory requirements like UHFCE on Quarterly basis, DP Allocation on the basis of Stock Statements and other such regulatory requirements.

- Coordinating with Branch and Concurrent auditors and coordinating with Empaneled Lawyers for TSR and Legal Audits as per RBI guidelines.

- Scrutinizing the Loan documents Post Execution, Raising discrepancies and monitoring sanction conditions.

- Preparation of SWIFT messages for Cross-Border communications in-case of Bank Guarantees and other Fund based loans.