Senior Lead - Credit Administration

Senior Lead - Credit Administration

Function/Department

Wholesale Banking Operations

Job Purpose

This Senior Lead - Credit Administration role at IDFC FIRST Bank involves managing post-sanction credit activities for Large Corporates, ensuring strict adherence to credit, regulatory, legal, and product guidelines for disbursement. As a critical control function, the role demands extensive due diligence and monitoring of credit conditions stipulated by approving committees, alongside efficient management of limits, covenants, collaterals, and documentation.

Roles & Responsibilities

Primary Responsibilities

• To handle wide range of products from working capital to term loan, NCD, Investment limits, Portfolio buyout, Commercial paper in Large Corporate and FIG segments.
• Checking if all credit appraisals are adequately approved and conform to internal as well as RBI guidelines.
• Capability to guide/mentor the makers/checkers and ensure that processing are error free and within the committed timeline.
• Check whether statutory / internal exposure limits are not breached.
• Liaison with Business Teams, Legal, Credit etc. for timely and quality deliverables by resolution of issues/answering queries.
• External vendor management for multiple activities like stock audit, valuation, title search.
• Handling various audits during the year and ensuring that adequate & timely responses are sent.
• Handling department level initiatives and taking these to closure by collaborating with other stakeholders.
• Ensure enforceable legal documentation for credit facilities as per legal guidance and standard format/procedures.
• Involve in security creation including mortgages, pledge, hypothecation etc.
• To Ensure compliance with all conditions precedent prior to disbursement.
• To give clearance for disbursement through the LSM/DM which is sent to Loan Operations.
• Set process/ make modification in existing process to avoid operational risk at early stage.
• Co-ordinate with loan operation team to seamless processing of transactions.
• Ensure various covenant/deferrals tracking in system.

Secondary Responsibilities

• The role requires to work closely with Business and Operation team to faster processing of transaction under Customer First philosophy of Bank.
• Governance of various housekeeping activities from CAD perspective: Periodic Reconciliation and clean up, documents/security management etc.
• Governance over data/regulatory reporting, ensuring accurate and timely reporting.
• Managing Regulatory inspections, Audits, OR with sample/ data submission.
• To develop an indepth understanding of IT system in credit ecosystem in Bank and assist in identification of gaps to mitigate the gaps.

Managerial & Leadership Responsibilities

The Senior Lead - Credit Administration role requires excellent interpersonal communication skills, strong credit monitoring capabilities, and proven project management skills.

Educational Qualification

BCOM, M COM, CA & MBA

Experience

10+ years in Banking

Key skills/competency

• Credit Administration
• Wholesale Banking Operations
• Regulatory Compliance
• Risk Management
• Due Diligence
• Loan Operations
• Financial Product Knowledge
• Documentation Management
• Audit Management
• Project Management