Yes Bank Hiring for Assistant Manager Job at Bangalore Full Time

Take care of Risk Management functionality from post sanction till disbursement and post disbursement monitoring of corporate loans.

Pre-disbursement:
Check sanction is in line with Credit Policy of the Bank and also in line with regulatory guidelines
Prepare sanction letter and issue loan/security documentations required as per sanction terms
Scrutiny executed loan and security documents are legally enforceable and it comply with all the provisions of Company Act/other statutory laws. Any discrepancy to be resolved or deferral approval to be provide as per Credit Policy.
Ensure all pre sanction conditions are complied
Issue Disbursement Notice to BO to set limit in the system
Adherence to agreed SLA for each transaction

Post-disbursement:
Post disbursement monitoring of loan conditions such as financial or non-financial covenants tracking and monitoring
Close watch on Security creation and perfection as per agreed timeline. In case of delay charge penal interest
Ensure error free reporting of various regulatory and internal MIS on regular basis
Support to Relationship teams in clearing credit exceptions to the minimum and help in resolving them.
Ensure NIL audit queries and audit rating is always good for the unit
Coordinate with various internal stakeholders like Risk/legal/Operation risk/Fraud control/RCU
Ensure all security charge filing is done within timeline with MCA or CERSAI
In case account become NPA, adhere to internal guidelines of the Bank to take necessary action immediately
Interact with various empaneled vendors for Valuation/Stock Inspection/Title search etc.,
Ensure recovery of fees/revenues and contain operational costs
Suggest process improvements for reducing operational costs and waste management
Understand, keep updated and compliance to latest regulations, guidelines and processes. Support in change management by following the implemented process.
Ensure that vendors provide due diligence report as per bank’s policy and formats. Further keep a constant watch on vendors performance and highlight performacne and integrity issues of vendors.

Master Degree in Business Management with Commence / Finance background
Company Secretary with lending experience is preferred
Written and spoken English is essential, Regional language is preferred

EXPERIENCE
A minimum of 2 years of relevant experience with at least 1 year in a credit documentation role
Prior experience in credit document handling preferred