Agency Bank loan Operation- 7+ yrs

Mizuho Global Services; Chennai; On-site; INR 650,000 - 950,000; Full time

Benefits offered by this job

Immense exposure and learning

Excellent career growth

Mentorship from leaders

Build things from scratch

Job summary

Mizuho Global Services Pvt Ltd (MGS) invites applications for Agency Bank Loan Operation at Chennai Perungudi World Trade Centre. Afternoon shift 1.30 pm to 10.15 pm, five days a week, immediate joiners to 15 days.

Role involves agency loan servicing, cash and reconciliation, and governance tasks with strict adherence to SOPs. Qualifications include a B.Com or MBA, 6–9 years in agency bank loan operations, and hands-on experience with ACBS and Loan IQ.

Qualifications

• Bachelor of Commerce or MBA required.
• 6–9 years in Agency loan operation including LoanIQ.
• Familiarity with ACBS / Loan IQ.
• Understanding of SOPs, SLAs, maker-checker controls and cut-offs.
• Strong numerical and reconciliation skills.
• Clear verbal and written communication.
• Ability to work effectively within a team.

Responsibilities

• Agency Loan Servicing and Transaction Processing: validate inputs in loan systems (ACBS / Loan IQ), assist with draw downs, repayments, rate settings, and lender notices.
• Notice, Cash, and Reconciliation Management: monitor communications, escalate discrepancies, assist with reconciliations.
• Governance & Control: follow SOPs, maintain audit trails, submit transactions for review, provide end-of-day status, complete mandatory training.

Skills

Attention to detail

Communication skills

Data accuracy

Escalation management

Education

Bachelor of Commerce

MBA (Master of Business Administration)

Tools

ACBS

Loan IQ

Job description

Mizuho Global Services Pvt Ltd (MGS) is a subsidiary company of Mizuho Bank, Ltd, which is one of the largest banks or so called Mega Banks of Japan. MGS was established in the year 2020 as part of Mizuhos long-term strategy of creating a captive global processing center for remotely handling banking and IT related operations of Mizuho Banks domestic and overseas offices and Mizuhos group companies across the globe.

At Mizuho we are committed to a culture that is driven by ethical values and supports diversity in all its forms for its talent pool. Direction of MGSs development is paved by its three key pillars, which are Mutual Respect, Discipline and Transparency, which are set as the baseline of every process and operation carried out at MGS.

Whats in it for you?

• Immense exposure and learning
• Excellent career growth
• Company of highly passionate leaders and mentors
• Ability to build things from scratch

Know more about MGS: -

https://www.mizuhogroup.com/asia-pacific/mizuho-global-services

Position: - Agency Bank Loan Operation

Job Location: - Chennai Perungudi World Trade Centre

Shift :- Afternoon Shift - 1.30 pm to 10.15 pm 5 Days Work from office

Notice period: - immediate joiners to 15 days

Vacancy - 1

Job Responsibility: -

1. Agency Loan Servicing and Transaction Processing

• Support validation and input of Agency Loan transactions in loan systems such as ACBS / Loan IQ.
• Assist with draw downs, repayments, prepayments, rollovers, rate settings, interest, and fee processing.
• Support lender allocation calculations and preparation of borrower and lender notices using approved templates.
• Assist with deal and facility setup, static data maintenance, and document updates based on authorized instructions.
• Support cash movement requests and non-STP payment processing under guidance and within applicable cut-offs.
• Acknowledge and respond to routine internal and external queries within agreed timelines.

2. Notice, Cash, and Reconciliation Management

• Monitor incoming borrower and lender communications and update control logs.
• Escalate missing instructions, funds, notices, approvals, or data discrepancies promptly.
• Assist with cash, principal, interest, fee, and lender-share reconciliations.
• Support investigation of past dues, unapplied cash, and routine outstanding items.

3. Governance & Control

• Follow SOPs, maker-checker controls, approval requirements, and authorization limits.
• Maintain complete transaction evidence, checklists, correspondence, and audit trails.
• Submit transactions for review and approval within agreed timelines.
• Provide accurate end-of-day status for assigned queues and outstanding items.
• Complete mandatory training and actively build Agency Loan product and process knowledge.

Mandate skills and knowledge: -

• Basic understanding of Agency Loans and the role of an agent bank.
• Awareness of core lifecycle events including draw downs, repayments, rollovers, rate settings, interest, and fees.
• Working knowledge of approved loan systems, including ACBS / Loan IQ where applicable.
• Understanding of SOPs, SLAs, maker-checker controls, and operational cut-offs.
• Strong attention to detail and data accuracy.
• Ability to follow procedures and authorized instructions precisely.
• Basic numerical, analytical, and reconciliation skills.
• Clear verbal and written communication.
• Ability to escalation issues promptly and work effectively within a team.

Qualification:- Bachelor of Commerce / Master of Business Administration

Experience:- Relevant 6 Years to 9 Years in Agency bank loan operation including , LoaniQ, syndication loan, bilaterl, acbs system