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asst manager- loan ops validator in Mumbai

mumbai, maharashtra
Corporate & Commercial Banking
position type
reference number
randstad india
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job description

Solid in depth experience of Loans Administration to include Agency, participations, Bi-lateral: ?4 years

Experience in international corporate loans

Experience in general banking (e.g. payments, SWIFT, Nostro�s, accounting, knowledge of standard market rules, interest calculation rules�)

Work experience in another major global bank in this field

?Multinational Investment Bank

Client Introduction
Multinational Investment Bank


Loan Ops, Loan Transactions,accrual, loan validator, syndicate loan, bilateral loan


� The booking of all associated loan transactions in Back Office systems,
� Reconciliation between FO and BO systems,
� Booking and management/distribution of fees, commissions,
� Following up all non receipts and settling claims against or for ourselves,
� Reconciliation and justification of internal accounts,
� Production controls.
� Administering Drawdowns, Rollovers, Repayments, Pre-payments, Funding, Rate-Fixings, Fees and Commission posting, External payments, collection of interest, Nostro Reconciliations, general administration related to the loans portfolio managed along with undertaking adhoc queries and investigations.
� Actively assist in the training and development of less experienced members of the team with on-the-job training, coaching and development
� Provide guidance to other members of the team regarding technical loans administration subjects, provide regular coaching to loans administrator
� Ensure compliance with all necessary controls and procedures in respect of local regulations of branches serviced
� Responsibility to escalate any issues/problems or control gaps to their Team Leader

� Responsibility of daily controls (as a back-up of team leader when he/she is away)

� Undertake adhoc duties and project work to assist the Management team.

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