Manager / Deputy Manager - Credit Administration Department

Saraswat Co; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Saraswat Co is seeking a Manager / Deputy Manager in Mumbai to oversee documentation, pre- and post-disbursement activities for sanctioned advances. The role requires 3–5 years of relevant experience and graduate/postgraduate education.

You will coordinate with operating units for legal and valuation reports, verify security, and manage disbursement in Finacle while ensuring regulatory compliance. Responsibilities include preparing sanction letters, maintaining records, and producing

Qualifications

• 3–5 years of relevant experience required.

Responsibilities

• Documentation, pre- & post-disbursement activities for sanctioned advances.
• Preparation of sanction letters.
• Coordinate with operating units for legal/opinion reports and related documents.
• Verify security of documents and related papers.
• Enter disbursement and create loan-related masters in Finacle.
• Ensure charge registration with CERSAI/ROC within timeline.
• Prepare disbursement SOP and complete pre-disbursement documentation.
• Verify invoices, GST, taxes to ensure disbursement aligns with purpose.
• Prepare post-disbursement monitoring reports for sanctioning authority.
• Ensure compliance with audits and maintain records.

Skills

Documentation/ Disbursement

Finacle

Education

Graduate/Postgraduate

Job description

Job Tittle - Manager / Deputy Manager

Criteria/ Experience - Candidate should possess at least 3 to 5 years' of relevant experience.

Qualification- Graduate/ Postgraduate

Key Responsibilities -

• Documentation, Pre & post disbursement activities for advances sanctioned.
• Preparation of sanction letters.
• Co-ordinating with the operating units, to obtain legal opinion, valuation report, Techno Economic Viability report, Lenders Independent Engineers report and all such other reports/documents as required.
• To check/verify the security of documents, legal opinion, valuation report, TEV report, LIE report and all such other papers/documents.
• Entering disbursement and creation of various loan related masters in Finacle.
• Ensuring charge registration with CERSAI/ROC within the stipulated period.
• Preparing disbursement SOP and ensuring completion of all documentation/pre-disbursement formalities before disbursement of credit facilities.
• Verifying invoices/Bills/Receipts/Vendors/suppliers/Contractors/other parties/ stock statement/Books of accounts/account statement/GST returns/Tax returns/all such other documents, to ensure that the disbursement is as per the specified purpose.
• Preparing Post Disbursement Monitoring Reports and presenting before the respective sanctioning authority.
• Ensuring compliance with the Internal/statutory/regulatory audit observations.
• Maintaining/updating files, registers and such other records as required.

Skills - Documentation/ Disbursement, Finacle

Location- Mumbai