> Job Description (JD) – Covenant Monitoring & Portfolio Management Associate (NBFC)

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> Position: Consultant

> Department: Wholesale Banking / Corporate Coverage (NBFC)

> Location: Bengaluru (Fortius Origin, Koramangala).

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> Role Purpose

> To ensure timely monitoring, and closure of financial, non-financial, regulatory, and monitoring covenants for NBFC clients, while coordinating with internal stakeholders and clients to maintain compliance with sanctioned terms and credit monitoring requirements.

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> Key Responsibilities

> · Monitor all Financial, Non-Financial, Regulatory, and Monitoring Covenants for NBFC clients.

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> · Ensure timely collection, review, and closure of covenant-related documents and compliance requirements.

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> · Regularly follow up with clients through emails and phone calls to obtain pending information/documents.

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> · Coordinate with Relationship Managers (RMs), Assistant Relationship Managers (ARMs), Credit, Operations, and other internal teams for timely covenant closure.

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> · Actively engage with business teams to resolve pending covenant observations and close overdue cases within stipulated timelines.

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> · Conduct Account Conduct Checks (ACC) for NBFC clients and identify any deviations or exceptions requiring attention.

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> · Liaise with Legal, Compliance, Risk, and Credit Teams to obtain approvals and clarifications required for covenant compliance.

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> · Review submissions received from clients and ensure adherence to sanction terms, loan agreements, and regulatory requirements.

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> · Support portfolio monitoring activities by identifying exceptions, documenting observations, and ensuring timely resolution.

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> · Assist in audit, regulatory, and internal review requirements related to covenant monitoring and compliance.

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> Required Skills & Competencies

> · Positive analytical and documentation skills.

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> · Proficiency in MS Excel, Word and MIS preparation.

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> · Solid stakeholder management and coordination abilities.

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> · Excellent verbal and written communication skills.

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> · Ability to manage multiple cases and ensure timely follow-ups.

> Preferred Experience

> Open to candidates with fresher of banking experience as well as fresh graduates looking to start their careers in the banking industry.

· Exposure to NBFC clients and post-disbursement monitoring activities will be preferred.

Pay: ₹15,000.00 - ₹23,000.00 per month

Work Location: In person

📌 Banking Assistant Bengaluru
🏢 Cygnuss Agro
📍 Bengaluru