Nonghyup Bank - Loan Manager

Job Title- Loan Manager

Work Experience- Over 5 yrs. (Preferable foreign Bank)

Certification- Certification related to Loan

Qualification- Bachelor's Degree in Economics, Finance or any other related Course. Master's degree (If Any) will be an added advantage

Reporting Line- Team Head

Job Summary: Responsible for credit origination, monitoring credit facilities and maintaining credit files in compliance with regulatory guidelines, performing business development

Roles and Responsibilities:

Responsibility :

- To evaluate credit worthiness by processing loan applications and documentation within specified limits

- To maintain and update accounting records

- To determine all applicable ratios and metrics and set up debt payment plans

- To issue Sanction letter as per the terms and conditions of approved Term Sheet and Justify decisions in case of rejection and report on them

Credit Monitoring :

- Updates the borrower credit rating;

- Update the knowledge on types of loans and other financial services

Verification :



- Constitutional documents (MOA, Partnership Deed etc.) Authorizations (BR, Partnership, Letters etc.) for availing g facilities, creating security, execution of documents and scrutiny of executed documents to ensure proper execution.

Compliances : ROC / CERSAI compliances, arranging filing of necessary forms with ROC and CERSAI.

Preparation :

- Loan files containing counterparty's contact point and each lender's

- Payment instruction.

- Sends any payment notice, reset interest rate and period notice to participating lenders and borrower.



Disbursement & Distribution :

- Disburse fund to borrower and distributes fund to participating lenders.

- Distributes any updated documents to borrower and participating lenders.

Review & Assess :

- Loan policies and procedure and makes necessary changes, if any between branch and HO Policy from time to time.

- Financial information on timely basis.

- All new appraisals of collaterals and monitor collateral values.

- Customer needs explore all options and introduce different types of loans

Reporting :

- (conducting all the below works after reporting Team Head)

- To RBI

- To HQ on a timely basis

- To the Regulatory authorities as and when required on required Information/data

Knowledge, Skills and Abilities Required :

- Solid understanding of direct/indirect lending products and practices

- Customer satisfaction orientation and sales competencies.

Note: The above list is not exhaustive and only illustrative. The Job description is liable to be changed depending upon exigency of work, business and organizational requirements.