- Appraisal of proposals, which include detailed analysis of the financial statements of the clients

- Scrutiny of the sales ledger of the debtors offered for factoring and making conclusions there from

- Verifying the transaction structure between the client and the debtor and their suitability to the factoring arrangement

- Undertaking verification through third party sources, such as CIBIL, M CA, banks, etc
- Undertake strengthening of the proposals originated by the marketing department by suggesting improvement in the transaction structure / and stipulate terms and covenants

- Preparing the proposals/ amendments in a time bound manner (ensure TAT), which includes gathering of all relevant information from the client and debtor and identifying the issues and risks and addressing them

Presenting the proposal / amendments before the sanctioning authority for approval

- Preparing sanction letters immediately after each sanction and ensuring relevant changes are undertaken in the system

- Monitoring the compliance to the sanction terms by the client





- Ensuring timely updation of information in the loan management system in sanctions / amendments

- Attending to internal / external auditor/ CAG/ RBI queries and resolving them

- Other credit administration activities such as, timely renewals / review / client rating approval/ preparation of board MIS

- Monthly / quarterly filing of data with CIBIL, etc
- Providing credit information reports to other banks and financial institutions

Respond to branch / client queries

- Contribute to amendments in the Credit Manual

- Contribute towards upgradation of existing loan management system and building upon of a loan origination system

- Credit Administration Activities with respect to the transaction effected on Trade Receivables Discounting System

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Senior Executive/Asst Manager (Mumbai)
🏢 SBI Global Factors
📍 Mumbai