Kotak Mahindra Bank - Credit Monitoring Role - CA

Credit Monitoring - CA Freshers

1. Monitoring of post sanction covenants

a. Calculation of drawing power and updating it in GLEMS

b. Tracking pending monitoring statements such as stock statements, sales, insurance policies and highlighting long pending items to the Business and Credit teams

c. Monitoring escrow and cash flow performance

d. Monitoring overdues and excesses in accounts. Monitoring LCs devolved and BGs invoked

e. Monitoring SMA-2 accounts and potential NPAs

2. Monitoring end use of funds. Circulating high value transactions, highlighting suspicious and adverse transactions if any to Business and Credit Heads

3. Monitoring cheque returns in customer accounts and circulating MIS on cheque returns

4. Preparing Account Conduct Reports (FORS) at desired frequencies and as requested by the Credit teams

5. Scoring borrowers in the Credit Portfolio basis account conduct

6. Monitoring Early Warning Signals in credit portfolio. Preparing EWS notes for the EWS Committee, following up for implementation of action points as advised by the Committee

7. Finalising the stock audit plan in coordination with Regional Credit Heads, Conducting stock audits as per the stock audit plan through CA Firms. Reviewing reports received and highlighting adverse observations to the Business and Credit teams

8. Monitoring unhedged Foreign currency exposure of borrowers, calculating the normal and incremental provision applicable at quarter ends

9. Preparing the Exposure Report on quarterly basis for Corporate Bank segments

Job Requirements:

- Minimum qualifications: Post Graduation. Preferably a Chartered Accountant.

- At least 2 years of experience and well-versed with computers

- Knowledge of Credit Appraisal, Credit Monitoring and regulatory requirements related to Credit

- Thorough knowledge of advanced features of Microsoft Office including data management capabilities of Microsoft excel.