About this role
Business Function Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels. Job Purpose
• Manage Priority Sector Lending Operations responsible for specific loan products – Co lending, BC Lending, Direct Assignment deals. Key Requirements
• Processing of Loan transactions as per the agreed SLA • Ensure adherence to the regulatory / SOP guidelines. • Pass requisite reconciliation entries so as to keep the accounts clean • Manage the processing makers and ensure they are trained and abreast of the process changes. Requirements
• Ensure smooth day to day loan operations for Co lending, Direct assignment processes. • Improve operational Controls and ensure Compliance to all regulations pertaining to Loan and priority sector / securitization guidelines. • Loan Disbursal & Loan Servicing (Interest reset, Rollover, Restructuring, Advices, Rate Uploads) • Analyzing & Improvising various transactional reports & Customer Advices. • Assist in reviewing/developing Department Operating Instructions and ensure adherence of Policy and Procedures. • Key role in the UAT & the Project Team in the Successful Implementation of Loan processing System. • Support digital Strategy of the bank. • Partnering Business team in successful rollout of various PSL products • Effective Relationships with Senior Management, Internal & External Customers. • Ensuring the GLAO and other reconciliations are performed in timely manner Required Experience
• Candidate should have Minimum 6-8 years' experience in Loan Operations. • Should have strong knowledge of various corporate and retail loan aspects wrt. Disbursement parameters, EMI calculation, loan servicing products. • Handling all types of customer complaints, enquiries Queries. Interacting with beneficiary / beneficiary bank / issuing bank regarding any clarification with respect to loan/securitization transactions. • Should possess good MS excel capabilities and have a proven track record in working with such projects. Education / Preferred Qualifications
• Graduate / Post-Graduate with relevant work experience in working in the Loan Ops Unit. Core Competencies
• Process Management • Strategizing and Problem-solving skills • Interactive to communicate with different stakeholders. Technical Competencies
• Excellent hold of MS Excel capabilities • Good Computer Skills • Overview of systems used in Cash Operations
Location: Vikhroli Job:
Schedule: Regular Employee Status: Full time