Job Description

:Role/Job Title: Senior Specialist-Credit AdministrationFunction/ Department: Wholesale Banking OperationsJob Purpose:As a Credit Administrator, your primary responsibilities are to analyse a loan applicant\'s credit score to determine their credit risk and ability to pay back the loan managing. The role also requires a high degree of interpersonal skills to get resolution on time within tight deadlines, anticipation of issues from changes in process or regulations.Roles & Responsibilities:

• Processes approved commercial and consumer loan applications using automated loan document preparation software.
• Selects appropriate Title Company, surveyors, appraisers, and other vendors, as needed, and requested by lenders to acquire need vendor services.
• Prepares loan documents and closing instruction letters as appropriate.
• Transmits loan document packages to the lenders.
• Prepares commercial and SBA loan documents as requested by commercial lenders.
• Provides back up support for other \xe2\x80\x9cTeam\xe2\x80\x9d or group positions.
• Willingly participates in all assigned duties and responsibilities.
• Assemble and/or amend loan documents utilizing LaserPro.
• Resolve discrepancies in loan documentation.
• Perform other varied duties as assigned.
• Verify lending compliance issues and regulations.
• Report HMDA information.
• Applies some advanced skills to the position within assigned functional area. May adapt procedures, processes, and techniques to meet the more complex requirements of the position.
• Required to provide borrower with initial good faith estimate at time of application and to provide.

all necessary disclosures for borrower and lender. * Responsible for the confidentiality of financial data contained within loan files. Protects the confidentiality of all financial data relating to financial institution operations and customers.

• Maintains company policies and underwriting guidelines.
• Provides administrative assistance to the loan officer and staff, including updating loan data into the financial institution\'s computers, and assembling of documentation for customer loans.
• Ensures that loan files contain documents with proper signature, dates, and other relevant data.
• Assembles and verifies accuracy of loan documentation.
• Checks documents for proper vesting, legal descriptions, closing dates and signatures.
• Maintains new paid consumer loan files. Performs variety of clerical duties requiring knowledge.
• Answers telephone inquiries and written inquiries concerning loan processing and information.

Education Details:Graduation: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc) / Bachelor of Arts (BA) / Bachelor of Business & Insurance (BBI) / Bachelor of Management Studies (BMS).Post-graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA)Experience: 10 to 18 of relevant years of experience.

IDFC FIRST Bank