Job Description

4) Principal Accountabilities

Accountability



Supporting Actions



Disbursement ,Repayment & Servicing Activities



• Timely Disbursement basis the approved Disbursement memo including checking the details in comparison with the Sanction terms & conditions
• Repayment application by checking the collection bank statements and payment postings across corporate secured & retail verticals.
• Products in the secured verticals include:
• Wholesale / Large corporates : Term Loans, WCDL, LOC, DLOC, LAP, LRD, Investment Product - NCD's etc
• Timely execution of all Part Prepayments with correct effect in system as per the request received.
• Timely upload of revised repayment structures for exceptional cases posts re-schedulement in system.
• Passing on timely impact of ROI Change, Tenure Change, EMI change, Due Date Change as per the request received.
• FC letter Issuance within defined TAT.
• Tracking of foreclosure payments, update of payments and termination of loan in system.
• Timely processing of refund in case of loan termination, Loan cancellation cases and excess refund in case of active cases basis approval from respective authority and valid request details.
• Adhoc receivable /Dues Creation basis approval from respective authority and with valid request details.
• Adhoc Payable/Waiver processing basis approval from respective authority and with valid request details.
• Client / Bank Reconciliations.
• Moratorium and re-structuring of loans basis revised communication and approval from respective authority.


MIS & Reporting



• Generate reconciliation MIS and share reports with business, risk and regulators
• Provide prompt and accurate service delivery/ ad hoc reports in case of requests from the Team Leader/ Risk/Relationship Manager


Audits



• Execute audit actions and provide relevant data to auditors in consultation with the Team Leader



Minimum Experience Level


2 - 4 years


Job Qualifications


Graduate Diploma