Senior Specialist-Credit Administration
- Idfc First Bank
- 10 - 15 years
- Chennai
- 1 month ago
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Job Description
Role/Job Title: Senior Specialist-Credit Administration
Function/ Department: Wholesale Banking Operations
Job 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 Team 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 institutions 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.
Secondary Responsibilities:
- Adhere to all bank and department personnel policies and procedures.
- Perform other reasonably related job responsibilities as assigned by immediate supervisor other management as required.
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 18 Years of relevant experience.
Job Classification
Industry: BankingFunctional Area / Department: BFSI, Investments & TradingRole Category: Banking OperationsRole: Banking Operations - OtherEmployement Type: Full timeContact Details:
Company: Idfc First BankLocation(s): Chennai
Keyskills: Loan Processing Loan Operations
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Idfc First Bank
About Capital First Limited: CFL is listed on BSE and NSE (Stock Code: CFL). The company provides Mortgage loans to SMEs against pledge of property, Gold Loans to retail customers, Consumer Durable Loans, Two wheeler loans, and senior secured Wholesale loans. During the last year the company expande...
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