Analyst - Credit Administration

Idfc First Bank Limited; Dadri; On-site; INR 450,000 - 650,000; Full time

Job summary

Idfc First Bank Limited seeks an Analyst – Credit Administration to manage post-sanction activities for large corporates. You will ensure adherence to credit, regulatory, legal and product guidelines, enabling timely disbursement while maintaining strong control and documentation management.

The role covers handling a wide range of credit products, validating appraisals, mentoring teammates, and ensuring legal documentation and security creation are in place.

Qualifications

• Graduation in commerce, science, arts; BBi/BMS variants allowed.
• Post-graduation MBA/M.Com/MA preferred.
• 1–3 years of relevant experience in credit administration.

Responsibilities

• Handle wide range of credit products for large corporates including term loans and working capital.
• Ensure credit appraisals comply with RBI guidelines and internal policies.
• Guide and mentor junior team members to ensure error-free processing within timelines.
• Verify exposure limits and ensure secured documentation and collateral.
• Obtain enforceable legal documentation for facilities; manage security creation.
• Ensure conditions precedent are met before disbursement.
• Coordinate with loan operations for seamless processing.
• Track covenants/deferrals in the system.
• Liaise with business, legal, and credit teams to resolve issues.

Skills

Credit analysis

Risk assessment

Regulatory compliance

Mentoring juniors

Education

Bachelor of Commerce (B.Com)

Bachelor of Science (B.Sc)

Bachelor of Arts (BA)

Master of Commerce (M.Com)

MBA

Job description

Job Requirements

Role/ Job Title: Analyst – Credit Administration
Function/ Department: Wholesale Banking Operations
Job Purpose: Job needs to handle Post sanction activities in credit framework for Large Corporates and ensuring adherence to credit, regulatory, legal and product guidelines while allowing the disbursement to customer. As last gatekeep of the money and important control functions, team's role involves extensive due diligence and monitoring of credit conditions stipulated by approving committee and ensuring adequate limit, covenant, collateral and documents management.

Roles & Responsibilities

• To handle wide range of products from working capital to term loan, NCD, Investment limits, Portfolio buyout, Commercial paper in Large corporate and FIG segments.
• Checking if all credit appraisals are adequately approved and conform to internal as well as RBI guidelines.
• Capability to guide/mentor the makers and ensure that processing are error free and within the committed timeline.
• Check whether statutory / internal exposure limits are not breached.
• Ensure enforceable legal documentation for credit facilities as per legal guidance and standard format/procedures. Involve in security creation including mortgages, pledge, hypothecation etc.
• To Ensure compliance with all conditions precedent prior to disbursement.
• To give clearance for disbursement through the LSM/DM which is sent to Loan Operations.
• Set process/ make modification in existing process to avoid operational risk at early stage.
• Co-ordinate with loan operation team to seamless processing of transactions.
• Ensure various covenant/deferrals tracking in system.
• Liaison with Business Teams, Legal, Credit etc. for timely and quality deliverables by resolution of issues/answering queries.
• Ensuring safe keeping of loan documents and retrieval of documents to vendor

Educational Qualification

Graduation: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc) / Bachelor of Arts (BA) / Bachelor of Business & Insurance (BBI) / Bachelor of Management Studies (BMS).
Post-Graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA).

Experience:

1 - 3 years of relevant experience.