Job Description
Job description
The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (COVID-1+), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Role Purpose
Recovery of Facility Advise Letters charges in timely manner.
To safeguard the Bank from potential loss on lending by ensuring that security documentation for accounts is obtained from the customers promptly as per FAL/Security Section of the CARM application.
To ensure that the security documents are enforceable and in line with BIM Vol 3/ local regulations/ laws. To check that necessary charges have been created in the Bank’s favour. Also to ensure that security documents are loaded on HUB and are kept under dual control.
To liase with legal advisors, consortium banks and customers regarding various issues related to security documentation.
To assist in collation of various Returns to be submitted to HHO/RBI/Internal Auditors.
To ensure highest levels of service to both internal and external customers, and with the objective of protecting the interests of the bank at all times within the spectrum of activities relating to Security Document checking, compliance with regulatory requirements, interface with the external auditors, and B&DD related support activities.
To supervise/look after the operational aspect of Credit i.e. Loading of Limits on HUB, Loading of Auto reduction of limits with suggestions to improve existing processes on a regular basis.
Passing Entries for Provisioning/writeoff for Bad and Doubtful accounts
Develop a Business Continuity Plan ( BCP) for CDT Unit and conduct regular tests while noting the system performance, system up time, user training etc.
Principal Accountabilities :
Impact on the Business
Business Continuity Plan (BCP)
Improving Process Efficiencies
Customers / Stakeholders
Understand and implement customer requirements
Leadership & Teamwork
Staff motivation & Training
Operational Effectiveness & Control
To ensure that security documentation is obtained promptly and documents are valid and enforceable.
Checking of CARM applications and ensuring that limits loaded are in line with approvals held.
To ensure all RBI/HHO/INM returns pertaining to Security Documentation, Guarantees, Loans, and Bad and Doubtful accounts are accurate and submitted on time.
To ensure that the security documents like Hold Covers/ CGTs and DUL are renewed before their due dates.
To ensure that all security documents are properly recorded.
To ensure transactions are processed as per agreed SLAs and without any errors.
Maintain HSBC internal control standards, implement and observe Group Compliance Policy and maintain awareness of operational risk and minimize the likelihood of it occurring.
Requirements
This role requires a Graduate with 2-5 years of overall Banking exposure
People and Stakeholder Management
Strong communication ability.
JAIIB / CAIIB qualification would be beneficial
Useful Link
Link to Careers Site: Click HERE
You’ll achieve more at HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited, India
The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (COVID-1+), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Role Purpose
Recovery of Facility Advise Letters charges in timely manner.
To safeguard the Bank from potential loss on lending by ensuring that security documentation for accounts is obtained from the customers promptly as per FAL/Security Section of the CARM application.
To ensure that the security documents are enforceable and in line with BIM Vol 3/ local regulations/ laws. To check that necessary charges have been created in the Bank’s favour. Also to ensure that security documents are loaded on HUB and are kept under dual control.
To liase with legal advisors, consortium banks and customers regarding various issues related to security documentation.
To assist in collation of various Returns to be submitted to HHO/RBI/Internal Auditors.
To ensure highest levels of service to both internal and external customers, and with the objective of protecting the interests of the bank at all times within the spectrum of activities relating to Security Document checking, compliance with regulatory requirements, interface with the external auditors, and B&DD related support activities.
To supervise/look after the operational aspect of Credit i.e. Loading of Limits on HUB, Loading of Auto reduction of limits with suggestions to improve existing processes on a regular basis.
Passing Entries for Provisioning/writeoff for Bad and Doubtful accounts
Develop a Business Continuity Plan ( BCP) for CDT Unit and conduct regular tests while noting the system performance, system up time, user training etc.
Principal Accountabilities :
Impact on the Business
Business Continuity Plan (BCP)
Improving Process Efficiencies
Customers / Stakeholders
Understand and implement customer requirements
Leadership & Teamwork
Staff motivation & Training
Operational Effectiveness & Control
To ensure that security documentation is obtained promptly and documents are valid and enforceable.
Checking of CARM applications and ensuring that limits loaded are in line with approvals held.
To ensure all RBI/HHO/INM returns pertaining to Security Documentation, Guarantees, Loans, and Bad and Doubtful accounts are accurate and submitted on time.
To ensure that the security documents like Hold Covers/ CGTs and DUL are renewed before their due dates.
To ensure that all security documents are properly recorded.
To ensure transactions are processed as per agreed SLAs and without any errors.
Maintain HSBC internal control standards, implement and observe Group Compliance Policy and maintain awareness of operational risk and minimize the likelihood of it occurring.
Requirements
This role requires a Graduate with 2-5 years of overall Banking exposure
People and Stakeholder Management
Strong communication ability.
JAIIB / CAIIB qualification would be beneficial
Useful Link
Link to Careers Site: Click HERE
You’ll achieve more at HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited, India
💡 Quick Summary
Seeking a career-building opportunity? The Credit Operations Checker position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
