Experience
• Experience of 5 + years of post qualification experience with respect to appraisal of proposal in banks/ NBFCs.
• Should have thorough knowledge of accounting principles and practices.
• Should be competent in reading financial statements of companies and making deductions.

Job Profile
• Appraisal of proposals, which include detailed analysis of the financial statements of the clients.
• Scrutiny of the sales ledger of the debtors offered for factoring and making conclusions there from.
• Verifying the transaction structure between the client and the debtor and their suitability to the factoring arrangement.
• Undertaking verification through third party sources, such as CIBIL, MCA, banks, etc.
• Undertake strengthening of the proposals originated by the marketing department by suggesting improvement in the transaction structure / and stipulate terms and covenants.
• Preparing the proposals/ amendments in a time bound manner (ensure TAT), which includes gathering of all relevant information from the client and debtor and identifying the issues and risks and addressing them. Presenting the proposal / amendments before the sanctioning authority for approval.
• Preparing and signing of sanction letters immediately after each sanction and ensuring relevant changes are undertaken in the system.
• Monitoring the compliance to the sanction terms by the client.
• Ensuring timely updation of information in the loan management system in sanctions / amendments.
• Attending to internal / external auditor/ CAG/ RBI queries and resolving them.
• Compilation of various Periodic Reports for submission to Competent Authorities.
• Other credit administration activities such as timely renewals / review / client rating approval/ preparation of board MIS.
• Monthly / quarterly filing of data with CIBIL.
• Providing credit information reports to other banks / financial institutions. Respond to branches / client queries.
• Contribute to amendments in the credit manual/Policy.
• Contribute towards upgradation of existing loan management system and building upon of a loan origination system.
• Credit Appraisal/Credit Administration Activities with respect to the transaction effected on Trade Receivables Discounting System.
• Supervise the work of Asst. Manager/ subordinate credit officers.
• Presentation of proposals to the Committee for sanction

You may please send your CV's on [email protected]

Job Summary
• Department: Credit
• Location: Mumbai
• Minimum Qualification:CA/ ICWA/ MBA/ M.Com
• CTC: Rs.14.13 lakh* to Rs.16.00 lakh* (Fixed pay component 80% of CTC + Performance Linked Variable Pay component upto 20% of CTC) * PLVP will be paid after completion of probation of 6 months