Fixed Term Appointment, PSL Loan Ops, Corporate Banking, Technology and Operations

Job description

**Business Function** Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels. **Job Purpose** - Manage Priority Sector Lending Operations responsible for specific loan products – Co lending, BC Lending, Direct Assignment deals. **Key Requirements** - Processing of Loan transactions as per the agreed SLA - Ensure adherence to the regulatory / SOP guidelines. - Pass requisite reconciliation entries so as to keep the accounts clean - Manage the processing makers and ensure they are trained and abreast of the process changes. **Requirements** - Ensure smooth day to day loan operations for Co lending, Direct assignment processes. - Improve operational Controls and ensure Compliance to all regulations pertaining to Loan and priority sector / securitization guidelines. - Loan Disbursal & Loan Servicing (Interest reset, Rollover, Restructuring, Advices, Rate Uploads) - Analyzing & Improvising various transactional reports & Customer Advices. - Assist in reviewing/developing Department Operating Instructions and ensure adherence of Policy and Procedures. - Key role in the UAT & the Project Team in the Successful Implementation of Loan processing System. - Support digital Strategy of the bank. - Partnering Business team in successful rollout of various PSL products - Effective Relationships with Senior Management, Internal & External Customers. - Ensuring the GLAO and other reconciliations are performed in timely manner **Required Experience** - Candidate should have Minimum 6-8 years’ experience in Loan Operations. - Should have strong knowledge of various corporate and retail loan aspects wrt. Disbursement parameters, EMI calculation, loan servicing products. - Handling all types of customer complaints, enquiries Queries. Interacting with beneficiary / beneficiary bank / issuing bank regarding any clarification with respect to loan/securitization transactions. - Should possess good MS excel capabilities and have a proven track record in working with such projects. **Education / Preferred Qualifications** - Graduate / Post-Graduate with relevant work experience in working in the Loan Ops Unit. **Core Competencies** - Process Management - Strategizing and Problem-solving skills - Interactive to communicate with different stakeholders. **Technical Competencies** - Excellent hold of MS Excel capabilities - Good Computer Skills - Overview of systems used in Cash Operations **Location:** Vikhroli **Job:** **Schedule:** Regular **Employee Status:** Full time