Associate - Loan Operations
IDFC FIRST Bank
Role/ Job Title: Associate-Loan Operations
Function/ Department: Wholesale Banking Operations
Job Purpose: The role entails analysing and execution of WB Loan Operations. Incumbent is accountable to ensure Efficient and Accurate processing of transactions and delivery of high quality customer service ensuring all processes are adhered as per the documented processes.
Roles & Responsibilities:
Responsible for limit setup for Wholesale Banking including Cash Credit, Overdraft, WCDL, ODFD, Dropline Overdraft and Trade Fund/Non Fund Limits
Ensure accurate Drawing Power calculation and provide input for monitoring customer's position of stocks and credit
Study sanction conditions and stock statement updates to keep abreast of latest developments in the industry.
Responsible for ensuring quick turn-around time and error-free processing of transactions
Candidate needs to ensure the processes and policies are compliant and streamlined within the Regulatory guidelines
Ensure best-in class customer service in providing general banking support to clients.
Assist in automations and digitization initiatives to enhance operational efficiency
Develop and implement risk management, Change Management, Technology adoption, leading to operational excellence
Implement and develop Standard Operating Procedures (SOPs) and enforce compliance with SOPs
Works towards achieving Organisations goals / objectives and shows urgency in fast paced environment
MIS & Reporting
Educational Qualifications:
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: 2 - 5 years of relevant experience