Senior Specialist Credit Administration

IDFC FIRST Bank; Mumbai City; On-site; INR 1,400,000 - 2,300,000; Full time

Job summary

IDFC FIRST Bank is seeking a Senior Specialist Credit Administration in Mumbai to manage post-sanction credit activities for large corporates. You will ensure adherence to credit, regulatory, legal, and product guidelines, enabling compliant disbursement and strong control over documents, collateral, and covenants.

The role requires coordinating with operations, legal, and business teams to resolve issues, maintain smooth processing, and reinforce governance around credit data and reporting.

Qualifications

• Experience in large corporate credit processes and RBI guidelines.
• Ability to guide makers and ensure error-free processing within timelines.
• Experience with legal documentation and collateral creation such as mortgages/pledge/hypothecation.

Responsibilities

• Handle a wide range of products from working capital to term loans for Large corporates and FIG.
• Ensure credit appraisals comply with internal and RBI guidelines.
• Provide mentoring to the team and ensure timely, error-free processing.

Skills

Credit analysis

Regulatory compliance

Documentation management

Mentoring/leadership

Process improvement

Education

Bachelor/Commerce or equivalent

CA/MBA

Job description

Role / Job TitleSenior Specialist Credit Administration

Function / DepartmentWholesale 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 gatekeeper 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

Primary 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 delivarables 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 philosphy 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 Qualification

BCOM MCOM CA MBA

Experience

6 to 10 years in Banking .