Senior Analyst - Credit Administration

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

Job summary

Idfc First Bank Limited is seeking an Analyst – Credit Administration in Wholesale Banking Operations. The role involves handling post-sanction activities, ensuring adherence to credit, regulatory, and legal guidelines, and acting as the final control before disbursement for Large Corporates and FIG segments, located in Mumbai.

Responsibilities include processing diverse credit products, ensuring legal documentation, and coordinating with loan operations to maintain risk controls, covenant

Qualifications

• Graduation in commerce, science, arts, or related business field.
• Post-graduation degrees like MBA / M.com / MA preferred for advancement.

Responsibilities

• Handle a wide range of credit products from working capital to term loans and instruments in Large corporates and FIG.
• Ensure approvals conform to internal RBI guidelines and are compliant.
• Guide and mentor makers to ensure error-free processing within timelines.
• Check adherence to statutory/internal exposure limits; ensure enforceable documentation.
• Disbursement clearance following compliance with conditions precedents.

Skills

Credit administration

Credit analysis

Regulatory compliance

Documentation

Stakeholder liaison

Education

Bachelor of Commerce (B.com)

Bachelor of Science (B.Sc)

Bachelor of Arts (BA)

Bachelor of Business & Insurance (BBI)

Bachelor of Management Studies (BMS)

MBA / M.com / MA

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 adequete 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

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

O to 5 years in Banking