Credit Administration Department (CAD) is the unit tasked with managing the end-to-end post-sanction process for Wholesale Lending Business.
Credit Administration Department is responsible for ensuring that the required legal / regulatory stipulated documentation duly executed are in place and underlying security is perfected to enable the Borrower to commence the borrowing. CAD team also ensures that Credit conditions stipulated are complied with, all ongoing monitoring items and deferrals are tracked for adherence by the specified timelines. It is therefore critical that team not only understands the terms of sanction but is also familiar with Banks internal credit policies and Legal / Regulatory landscape. Setting-up of Borrowing limits, ongoing adjustment thereof and maintaining Collaterals and facilitating the loan drawdown are also core deliverables of the team.
Job Description: This role will report to the Head of Credit Administration. The incumbent will work closely with the various functions of the Bank (Wholesale Business Units, Credit, Legal and Regulatory Reporting) to always provide high level of service support to our clients, operate within the Banks laid down policies, adhere to regulatory guidelines and ensure the risks are mitigated.
Interested candidates can mail to ja**************i@in*****d.com
Keyskills: Credit Administration Credit Operations Credit Monitoring Credit Documentation Disbursement Loan Operations
IndusInd Bank Ltd. is a Customer-focused, technology-based, ISO 9001:2000 certified new generation private sector Bank with ambitious growth plan is looking for the following position.