Senior Analyst - Credit Administration

Idfc First Bank Limited; Chennai District; On-site; INR 600,000 - 900,000; Full time

Job summary

Idfc First Bank Limited in Chennai seeks an Analyst - Credit Administration to manage post-sanction activities for large corporates within Wholesale Banking Operations. The role ensures adherence to credit, regulatory, legal and product guidelines while enabling disbursement.

The incumbent will handle a range of credit facilities, verify appraisals, coordinate with loan operations, monitor covenants, and maintain documentation and security structures to mitigate operational risk.

Qualifications

• Banking experience in credit domain with 0–5 years.
• Educational background in commerce: B.Com/M.Com.
• Knowledge of RBI guidelines and credit processes.

Responsibilities

• Handle wide range of products from working capital to term loans for Large Corporates.
• Ensure credit appraisals are approved and compliant with RBI guidelines.
• Mentor team to meet timelines and reduce errors.
• Ensure enforceable legal documentation and security creation.
• Coordinate with loan operations for seamless processing.
• Track covenants/deferrals in the system.
• Liaise with Business, Legal, Credit for timely deliverables.
• Maintain safekeeping and retrieval of loan documents.

Skills

Credit administration

Credit appraisal

Regulatory compliance

Documentation management

Stakeholder liaison

Education

B.Com

M.Com

Job description

Job Requirements

Role/ Job Title: Analyst - Credit Administration

Function/ Department: Wholesale Banking Operations

Job Purpose 'Job requires 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 adeauate limit, covenant, collateral and documents management.

Roles & Responsibilities

Primary Responsibilities

'1. 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 delivarables by resolution of issues/answering queries.
• Ensuring safe keeping of loan documents and retrieval of documents to vendor

Educational Qualification

B COM & MCOM

Experience

O to 5 years in Banking