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

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📌 Senior Executive/asst Manager Mumbai
🏢 SBI Global Factors
📍 Mumbai