Regional Head – Back Office

About the Role

The primary objective of the role is to manage & lead a team handling post sanction life cycle of corporate loan in Core Banking System. The role requires active coordination and monitoring of the core tasks i.e. setup of limits, disbursement, loan management, computation of drawing power, income booking, reconciliation of internal accounts under corporate business segment. The role would involve interaction with varied stakeholders (business/credit/mid office/ policy team) to ensure that laid down processes got implemented & executed smoothly.

Responsibilities

• Operational Responsibility:
• Ensure all post sanction & disbursement instructions issued by Mid-office through Disbursement Notice are processed as per extant internal guidelines and Bank's credit policy.
• This includes setup of fund based & non-fund based facilities, disbursement of loans, loan servicing (rollover/recovery/prepayment/drawing power computations/ modifications in existing loan).
• Implementing restructuring of loans in line with sanction conditions in CBS.
• Capturing critical information related to borrower and facility so to ensure smooth and correct regulatory & internal reporting.
• Ensure no income leakage - booking of Income (Fee/Charges/Interest) in CBS and managing receivables.
• Handling of NPA, write-off accounts and recoveries thereof.
• Superior & efficient stakeholder engagement.
• Conduct frequent interactions with stakeholder to understand the requirement & addressing concerns, if any.
• Process management & re-engineering.

• Systems & Control Process:
• Drive & monitor the team for ZERO DEFECT in capturing details in CBS basis details mentioned in DN and/or other peripheral systems.
• Ensure that there are Nil write –offs / P & L hits on account of operating errors.
• Any potential loss events observed should be reported & mitigated.
• Identify potential risk items in existing process & processing methods to develop suitable mitigants.
• Monitoring of team productivity & efficiency.
• Monitoring of internal accounts & suspense accounts of the unit.
• Ensure no unidentified amount parked in internal accounts owned by the Unit.
• Responsibility of voucher management including storage and offload to vendor.
• Governance & Compliance Responsibility:
• Read, imbibe all internal process, Credit Policy, Operational Risk policy & RBI regulations impacting post sanction activities.
• Mentoring & guiding team over such policies in efficiently executing their assigned task.
• Timely & accurate regulatory & internal management reporting.
• Tracking of all open Audit/ OR/Compliance points and to close them within the target dates.
• Develop a culture of Zero Non-Compliance.
• Timely closure & periodical reconciliation of open exceptions.
• Support Unit & other business functions in preparation of any audit related deliverables and attend to any audit findings and resolve them immediately.

Qualifications

• Graduate/ Post graduate from recognized university/ premium business schools (full-time).
• Professional qualifications such as CA/CS/CWA, JAIIB/CAIIB, PMP would be a plus.

Required Skills

• Analytical mindset with a relevant experience in Corporate Credit Operations within BFSI (10-15 years).
• Prior leadership experience with a proven record of an efficient team member.
• Knowledge and understanding of corporate lending products, trade facilities, post sanction loan lifecycle.
• Clear understanding of accounting principles and reconciliation methods.
• Think logically and laterally to solve problem.
• Clarity of thoughts and eye for detail.
• Working experience on Core Banking System (preferably Flexcube).