Senior Specialist - Credit Administration

IDFC FIRST Bank; Chennai District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

IDFC FIRST Bank in Chennai is seeking a Senior Specialist – Credit Administration to manage post-sanction activities for Large Corporates and ensure compliance with credit, regulatory, legal, and product guidelines while enabling timely disbursement. The role emphasizes due diligence, covenant tracking, and robust documentation management across complex facilities.

The incumbent will liaise with Legal, Credit, and Business teams, mentor junior staff, and drive process improvements to mitigate

Qualifications

• 5–10 years of relevant experience in credit administration.
• Bachelors or Masters in Commerce/Science/Arts/Management.

Responsibilities

• Handle a wide range of products from working capital to term loans and other credit facilities for Large corporates.
• Verify credit appraisals comply with internal and RBI guidelines.
• Guide and mentor junior staff to ensure error-free processing within timelines.
• Ensure adherence to exposure limits and enforceable legal documentation.
• Coordinate with Legal, Credit, and Business teams to deliver timely, quality outputs.
• Maintain safe keeping and retrieval of loan documents; liaison with vendor for document handling.
• Track covenants/deferrals in the system.
• Disbursement clearance through appropriate channels (LSM/DM).
• Identify process improvements to reduce operational risk.
• Governance over data/regulatory reporting.

Skills

Credit administration

Due diligence

Regulatory compliance

Documentation management

Stakeholder liaison

Education

B.Com

B.Sc.

B.A.

BBI

BMS

MBA

M.Com

M.A.

Job description

Job Title:

Senior Specialist – 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 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

Secondary Responsibilities:

• The role requires to work closely with Business and Operation team to faster processing of transaction under Customer First philosophy of Bank.
• Periodic Reconciliation and clean up, documents/security management etc.
• Governance over data/regulatory reporting, ensuring accurate and timely reporting.
• To develop an understanding of IT system in credit ecosystem in Bank and assist in identification of gaps to mitigate the gaps

Educational Qualifications:

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:

5 to 10 years of relevant experience.