Sr. Analyst - Credit Administration (Wholesale Banking)

SMBC Group; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

SMBC Group in Mumbai seeks a credit documentation professional to manage sanction letters, loan/security documents, and monitoring of covenants and limits. The role requires thorough knowledge of banking documentation, excel proficiency, and strong drafting and communication skills.

The incumbent will also track pending documentation, ensure compliance with RBI and internal controls, and contribute to risk and operations support with timely, accurate reporting.

Qualifications

• Sound knowledge of the Companies Act and loan documentation.
• Proficient in Microsoft Excel.
• Good communication and drafting skills.
• CA/CS/MBA with LLB would be a plus; JAIIB/CAIIB desirable.

Responsibilities

• Prepare sanction letters and loan/security documents per approved terms.
• Check drafts and executed loan documents.
• Track pending documents and covenants.
• Ensure documentation and limit setup per credit terms and conditions.
• Leverage core banking systems for monitoring and limit loading.
• Prepare internal MIS and RBI/statutory reports.
• Assist risk control, operations and other internal teams.

Skills

Excel

Communication skills

Drafting skills

Education

Chartered Accountant

Company Secretary

MBA

LLB

JAIIB/CAIIB

Job description

• Preparation of sanction Letter and loan /security documents in line with approved terms
• Checking of loan and security documents (Draft and Executed)
• Tracking of pending documents and covenants
• Documentation and Limit Control- Ensuring execution of documentation and setting up of limits as per approved credit terms & conditions.
• Application of learning on day-to-day assignments for various products offering of the Bank.

Emphasis on timely delivery without compromising on credit quality and due diligence - Ensuring timely Deliverables.

• Leveraging the potential of available Systems for monitoring- Proficiency in understanding the deliverables available at Core Banking System。
• Contribution to arriving at error free environment - Adherence to conduct business under defined set of principles, procedures, and processes.
• Credit Limit- Controlling overall Credit Limit process as per credit approval.
• Compliance with local and global compliance requirement - Sacrosanct understanding of local and HO requirement relating to compliance activity in delivering business & productivity goals.
• Audit function (concurrent / RBI)- Performing the functions in line with the audit requirements without any slippages and deficiencies (minimizing the finding and addressing the same).
• Loan Documentation Control- Follow the loan documentation process as per Bank policy and RBI guidelines.
• Credit Monitoring (compliance) & Due Date Monitoring including overdue :Ensuring credit compliance (conditions/covenants etc) as per credit approval. (Monitoring all credit items for due date control by making excel and day to day follow up).
• Limit Loading -Loading limits in Core Banking solution as per sanctioned terms .
• Making effective usage of APTD learning platform- Proactively register and complete the courses offered.
• MIS for portfolio Management, RBI and other internal & external reporting－Provide strategic support for the purpose.
• Monitoring after disbursement of limits-
  • Monitoring Stock Statement (inventory & receivable statement) of borrowers availing working capital facilities on monthly basis
  • Due Date monitoring of stock statement, insurance, loan documentation etc.
• Outsourcing Vendors - Keeping record related to the vendor appointed.
• Maintaining Collateral data in Core Banking Solution for all secured Borrowers
• Monitoring of due End Use Certificate and Acknowledgment of Debt from all Borrowers and assisting Business Team in obtainment of same before due date.
• Assisting Risk Control, Operations and other Internal teams by maintaining and sharing Database of all the limits uploaded, renewed & modified in Core Banking Solution
• Basis approved Credit Terms, Loading of limits on various TREDS platforms viz. RXIL, M1 Xchange, Invoicemart etc.
• Computation of Drawing Power (DP) and advising Limits in Core Banking Solution for DP backed Credit facilities basis Stock Statements submitted by the Borrowers
• Preparation of exchange of information on quarterly basis

Knowledge, Skills, Experience & Qualifications

• The proposed candidate should have sound knowledge of companies act and loan documentation .
• Knowledge of Microsoft excel is must.
• Should have good communication skills
• Should have good drafting skills
• Chartered Accountant/Company Secretary/ MBA. LLB Qualification would be significant plus.
• JAIIB/CAIIB
• Should have experience between 4-6 years .

The incumbent will perform 1st Level check (maker), check Loan Documentation and security documents (Draft and executed).Registration of limits and Collateral in system post completion of documentation.Track pending documentation, covenants, Stock Statement Etc.Update Collateral in system and draw Power calculation etc

He/She will be responsible to prepare various Internal reports /MIS for submission to internal stakeholders as well as External (RBI/ Statutory Auditors etc) and lodge and file loan documents post limit loading.