Credit role for real estate financing. Key role areas are as follows: - Detailed transaction due diligence including preparation of credit notes, excel models, presentation to committee, site visits etc - Researching and studying about Project Location, Real Estate Demand-Supply, Promoters Background & past experience - Analysis of financial statements and Project cash flow statements, CIBIL reports, Sales MIS, Cross checking information on public portals like RERA, MCA etc. - Close coordination with internal stakeholders (Relationship managers, Compliance, Technical & Legal Teams) - New initiatives & Process improvement - Keeping close eye on all existing exposures and tracking key covenants We are looking for candidates with 4-8 years’ experience. Based on the candidate’s current compensation & years of experience, we will decide which band to place them in. Bangalore – Would prefer M5 fitment candidate and Mumbai to be M4. M5 - Bangalore
Real Estate, Real Estate Financing, Due Diligence, Excel, Analysis Of Financial Statements, Cash Flow Statements, Site Visits, MIS, Close Coordination, Process Improvement
Real Estate Appraisal
Expert (10+ Years)
Bangalore
Job Purpose Management of Trade Finance operations in the branch as per laid down process and guidelines. Reporting deviations as per bank policy and ensure smooth and flawless operations at all the time. Processing of Trade Finance transactions Voucher/Record management System security Grade : E1 E2 E3 Job Responsibilities(JR) : 6 – 8 Areas Actionable (4-6) Direct Recourse under Letter of Credit : Generations of Business Object report on a daily basis. Follow up of Payment etc. Follow up For Payment/Past Due Obligations from Letter of Credit Opening Bank. To ensure that tracers (Acceptance/Payment) are properly sent. Scrutiny of Bills. Authorization of the bills inputted for all events. Raising/Tracking for Exception approval. To ensure that discrepancy message regarding documents, if any, is properly conveyed to the client. Tracking of rate of interest/handling charges etc. approvals for discounting of Bills. In case Acceptance received has single signature, Branch Visit Report (BVR) needs to be performed. ( instead of BVR : necessary process note to be followed ) Monitoring SMFS Acceptance For physical acceptance, need to arrange/check for signature verification. ( instead of BVR : necessary process note to be followed ) Telephonic verification of acceptance which are received through courier/post. Tracking of Post Due Obligation Bills. Maintaining Margin money details. Monitoring of General Ledger Consistency report for the entries posted in Flexcube Corporate and Flexcube core system. This would be redundant after having moved into New FCUBS Remitting Funds through RTGS/NEFT for Inland payment Conduct client meetings as mandated. Refund of Interest in case of pre-poned payments post proper check, If client claims. To ensure proper safe keeping of documents. Maintaining of tracker for signature verification of banks and Bank Visit Report (BVR) expiry, proactively get the fresh Signature Verification and BVR done prior to expiry. Periodic physical verification of Direct Recourse Under Letter of Credit Outstanding Documents. To ensure that processes are followed properly. Ensure complete, immediate response to client queries. Fortnightly review of Bills booked in order to check MIS & other details related to the transactions booked. Export Collection/Discounting/Loans/Liquidation – Authoriser : Generation of Outstanding Bills report from related system (OBIEE) on weekly basis - for approval to be taken for outstanding bill as per Board Note. Generation of Past Due Obligation Bills report from OBIEE system on daily basis. Generation of Outstanding Loans Report from OBIEE system on daily Basis Checking of Office of Foreign Assets Control list/Specially Designated Nationals list. Scrutiny of Bills received for processing. Authorisation of Bill in Flexcube Corporate system. Checking of Country Risk as per Grid provided by Credit and Market Risk group. Updation of Status Holder Certificate received. Raising/Tracking of Approval Mails sent to business. Monitoring of General Ledger and Deferred account/s. Monitoring of Converter utility and outstanding entries in Nostro accounts. Monitoring of disposal as per mail received from Relationship Manager/Corporates/Service desk. Preparation of Quality Initiative Group data on daily/monthly basis and provide to Central Processing Unit Trade Finance. Meetings to be held with client/Relationship Manager to educate them for reducing First Time Not Right cases. Monitoring updation of inward messages in FCC received in inward tracker. Half yearly Export Outstanding (XOS) reporting. Monitoring of calculation of interest and refund of correct amount of interest at the time of booking and liquidation. Updation and circulation of charges approval in Trade Stream and amongst team members. Liaising with RBI for cases referred to them. FRMS check for all the bills booked FIRC utility check for all the bills booked wherein part funds received EDPMS check for Shipping Bills Fortnightly review of Bills booked in order to check MIS & other details related to the transactions booked. Ensuring RBP check for ROI Ensuring Subvention check for Interest Equalisation Schemes Ensuring charges are taken as per requisite approval Tracking of Inward Messages Sending cases to RBI for approval. Letter of Credit – Authoriser : Scrutinize Letter of Credit application. Perform signature verification. Ensure consistency of documents/clauses/details. Check internal guidelines, FEMA regulations, Foreign Assets Control list/Specially Designated Nationals list, Harmonised System of Nomenclature Code. Check Outstanding Post Due Obligations. Check Credit Appraisal Memo for conditions. Check Limits in system, if available. If not available, raise the request to concerned team i.e. Business Banking Operations, Credit Administration Department etc. Raise discrepancies to customer and liaise for resolution. If any internal approvals are required, raise the same to Credit/Business/Operations etc. Follow-up for limits/internal approval/discrepancy resolution with customer. Authorize the Letter of Credit contract inputted in system. Authorize Letter of Credit in Swift. Check if authorized Letter of Credit's have stuck in Swift Screening and clearance of the same. Ensuring transactions are processed within defined TAT. Checking of swift messages received in inward tracker and informing/taking necessary actions. Updating pricing/charges approval in system. Responding to various MIS/preparing MIS. Educating customer/Relationship Manager, to increase First Time Right transactions. Attending Internal Audit and responding to their queries. Monitoring of General Ledger/Suspense accounts. Fortnightly review of Bills booked in order to check MIS & other details related to the transactions booked. Guarantees – Authoriser : Vetting of the Bank Guarantees. Authorisation of Bank Guarantee issuance, Amendment, Cancellation, Invocations. Signing of Bank Guarantee issuance, Amendment, Tracers and other written communication. Monitoring, tracking and conducting follow up towards Bank Guarantee Invocation cases (both conditional and unconditional). Liaising and interacting with Customers, Relationship Managers for their queries/doubts. Conducting customer meetings as mandated. Liaising and following up with internal depts. viz. Credit, Credit Administration Department, Business Banking Operations, Legal etc. Providing complete service as per Service Level Agreement to different Business verticals. To clear the document deferrals so that transactions can be processed. Training and guidance to team members and Relationship Manager/s. Maintenance of Ticklers for charges Maintenance of file for invocation & fortnightly review of the same. Fortnightly review of Bills booked in order to check MIS & other details related to the transactions booked. System Security : To ensure there is no sharing of system passwords in the section. To ensure that the process for password handover/takeover is followed. To ensure timely servicing of all equipment and testing of backup systems. Voucher Management : To manage all vouchers and records as per laid down guidelines. Archive, Print and file approval mails for Referrals. To ensure that rubber stamps are affixed as prescribed. Timely processing of all records in the RMS/Archival system as per laid down guidelines. To liaise with Record management Agency for storage/retrieval of records. Other Responsibilities : Error-free operations. Clean Audits and Compliance Team handling, grooming and motivation. Contributing ideas and suggest process simplifications/improvements. Ensure and build internal control mechanism to prevent frauds, errors. Ensure training at regular intervals to staff at various levels. Investigate customer complaints and analyze, send response and resolve the same under intimation to seniors. Investigate errors/lapses and inform seniors scrupulously. Procure relevant approvals from seniors. Liaison with internal customers for resolution of issues. Maintain good liaison with all stake holders. Take up issues relating to infrastructure, utilities, systems. Cost management. Ensure smooth implementation of new systems, enhancements, migration. To identify/escalate cases of potential misuse of the banking systems. Participate in various Corporate Social Responsibility activities of the bank. Ensure timely handover of systems. Maintain relevant registers and documents. Suspense/General Ledger accounts monitoring. Store all security documents, instruments, etc. in FRFC under dual custody. Ensure generation of all the relevant reports for all the functions. To convert customer on digital platform. Co-ordination with external agencies, vendors, system support teams. Management of staff leaves, absenteeism, replacements, exigencies. Efficiency management. Any other responsibilities entrusted from time to time. Educational Qualifications (examples listed below) Graduation: Post-Graduation: Certifications: AMFI Certification IRDA Certification NCFM Certification (Optional) CAIIB (Optional) Internal Certification (NR Modules) Key Skills(examples listed below) Banking Product & Process Knowledge Regulatory Knowledge Planning and Organizing Skills Communication IIBF certification in Foreign Exchange & CTF Knowledge of Competition & Current trends in
Trade Finance, Record Management, System Security, Flexcube, MIS, Client Meetings, General Ledger, OBIEE, Physical Verification
Other
Intermediate (6-10 years)
Mumbai, Maharashtra, India
Job Purpose • Responsible for managing and driving a team of Virtual Relationship Managers (VRM) handling portfolio of eligible Imperia & Preferred customers in order to achieve the targets set and that all guidelines and regulatory requirements are followed. • Ensuring that customers get world-class services and their needs are understood and met through financial products that the Bank has to offer. • Consistently meet portfolio objectives defined Viz. sales, income, group product holding etc. • Ensure adherence to Operations process aimed at zero defect transaction processing & meeting the Audit & Compliance guidelines. • Responsible for managing, training and motivating staff. • All of the above parameters consistently met by the team of VRMs. • Income generation through a right blend of enhancement of CASA balance and through cross sell of appropriate products So that the VRM becomes the top of the mind recall amongst the customers in the catchment for all their financial needs and services, thereby ensuring that the VRMs also achieves the key performance parameters set Job Responsibilities(JR) : 6 – 8 Areas Business Achievement and Development for VRM & Team • Ensure proper scoping is done and target / niche customers identified with ACTIVE collaboration from concerned Product/Sales Support Teams • Ensure that the targets on liability accounts, through the channel (Branch and direct sales), are met under all parameters specified. o Meet value target for Liability Balances of the customers o Ensure quality of sourcing is maintained and depletion rates are controlled. o Ensure that Salary credits reach or exceed the expect Salary Credit targets • Ensure that all managed portfolios are effectively managed through VRMs and that set targets on each of the portfolios is reached. • Also, Team Manager has to ensure seamless servicing of customers. • VRMs are made aware of the Scorecard targets & Portfolio Benchmark. • Ensure that the High Net worth individuals are persuaded to avail the private banking products and services (advisory, etc.) • Ensure that there is cross sell to the customer on asset products as offered by the Bank. • Ensure that the customers get credit cards and start using the same for all their transactions- credit card activation push. • Income to be generated at a customer level. • Ensure that cross sell targets on Third Party Products is met for the Unit • Ensure Staff are trained on product knowledge and requisite certifications • Engaging with bottom 20% performers and identifying ares of improvement and demonstrating the How. • Review Daily Sales Report of the staff and provide guidance on ways to improve on the same • Managing and monitoring performance of all the sales resources o Productivity of Liability and Non Liability sales staff • Attrition control of customers o Includes persuading the customer to continue and if required renew FD’s § Monitor large amount movements / account closure from the deposit accounts and ensure that customer does not attrite o Ensure that the marketing analytics list on possible attrite, is called and retained • Ensure that there is no revenue leakage Customer Service / Customer engagement • Plan monthly/ weekly/ daily contacts for the team of VRMs basis the contact policy & track implementation of the interaction plan. • Effective planning & implementation of event based trigger, birthday calls, campaign calls and other defined objectives for customer contacts. • Ensure that VRMs offers highest quality of service to the customers and meets expected Service Quality standard by educating the customers to use the Digital Banking mediums for their banking transactions / needs. This is measured iva call evaluations and Sup Reviews • To review contact attempts versus successful contacts and analyze reasons for non-contactable customers. • Ensure VRMs make regular contact with customers for service as well as business updates. • Adequate logging of complaints, Reviewing & Resolving all complaints received (VRM, self, branch, other units) within the stipulated TAT o Monitor all complaints received and ensure that they are closed within TAT o Improve customer communication on closures o Check with customers if the process of complaint has been managed well o Ensure no escalations happen o Preventive complaint management o Asking for feedback from customers, who are not complaining o Discussing with staff the importance of getting feedback from customers on a regular basis • Periodic review of customer base i.e. Contactibility, Eligibility, Product penetration & profitability. Take appropriate action to activate every customer / improve the product penetration & profitability of the customer to become a Primary Banker for the customer. • Carry out VoC to assess strengths and to ascertain possible improvement areas of the VRMs basis customer feedback. Take appropriate action- reward the VRM for appreciations/ corrective actions as required. • Monitoring implementation of Sales Process. Business Generation / Sales Tracking • Track business generation and income for each VRM in the team on a daily basis, and take due steps. • Review leads generated by each VRM and ensure real time lead status availability. • Ensure VRMs actively track their leads, keep customer regularly updated on the lead status & complete the lead closure within a reasonable timeline, basis product. • Tracking and highlighting possible customer issues on account of improper lead management. Supervisory Reviews frequency to assess effectiveness of customer interactions by the VRM. • Check profiling done by the VRM to ascertain effectiveness. • Basis interaction logs captured by the VRM & discussions with the VRM, provide directional inputs on customer interactions & business generation. • Demonstrate “how”. • 220 Sup Reviews per month Operations • Conduct internal checks on a regular basis & share a feedback with VRMs on time to time. o Lead file maintained by VRMs o Requests captured by VRMs o CRM Interaction • Ensure seamless handling of operations areas such as customer requests, transactions, reversals etc. • Handling queries of VRMs on floor and provide resolution. • Ensure timely responses to customers through call out/ e-mail as applicable. • Handle 1st level escalations and ensure satisfactory resolution to the grievances. • Ensure judicious utilization of financial and non- financial authority. • Carry out periodic checks to ensure team adheres to Audit & Compliance guidelines. Audit and Service Quality • Ensure all laid down system and process are followed as stipulated by Audit and Senior Management • Monthly / Periodic Verification of Auditable items. • Review of CRM Interactions & Lead Quality MIS - Reporting and Analysis : • Ensure timely and accurate updates of all portfolio performance parameters. • Maintain track of VRM performance w.r.t leads, conversions, income, achievement of portfolio parameters etc. Staff Management • Ensure that all VRMs are adequately trained on the Products of the bank and sales process • Ensure that all VRMs are trained on the process to be followed (including amendment with new circulars) • Be aware and make VRMs aware of various policies of the bank with regard to customer service and compliance • Monitor productivity and give guidance on improving the same in conjunction with the Line Manager / Unit Head. • Ensure that all VRMs are sent for class room training on a regular basis • Ensure that nominated VRMs attend training sessions conducted by HR, without fail. Educational Qualifications (examples listed below) Key Skills(examples listed below) • Banks Product Knowledge • Planning and Organizing Skills • Team Management / Interpersonal Skills • Sales and Influencing Skills • Communication • Knowledge of Competition • Awareness of Banking regulations • Credit knowledge when required • Good Administrator • Good at net-working • Ability to develop contacts in the local area Experience Required (examples listed below) Minimum experience in years – 3 yr. Major Stakeholders(intra team and cross functional stakeholders, who would need to be interacted with for discharging duties) (examples listed below) • Sales Managers of respective products / location • Product representatives • Direct Banking Team, Query CPU HNW team • IT Department for system related software / hardware issues • Channel Partners (HDFC Ergo, HDFC Life, One Assist, ABHI, TATA AIA, BSLI, BAGIC & Bharti Axa)" • VRM central team, VRM, Unit Head, Region Head, Training and Quality team, Regional Complaints Manager, Channel Head, Business Head • Admin Team, HR Team, QIG Team, Complaints Team • Dialer representatives, Insurance Sales Managers, Customers • Infra Team, Post Office / Courier guys for deliverables related issues, Vendor Representatives / Supervisors
Regulatory Requirements, Transaction Processing, Income Generation, Direct Sales, Ensure Quality, Business Generation, Contact With Customers, Private Banking, Service Quality, Product Penetration
Information Technology
Intermediate (6-10 years)
Mumbai, Maharashtra, India
FinAGG is a fast-growing, profitable, and well-funded start-up in the cash flow credit space Location NCR, Noida, Chennai Position: Senior Java Backend Developer - Programmer Analyst Role Summary: The ideal candidate will be responsible for strategizing, managing and motivating tech team members to achieve tech goals (frontend and backend). You must have collaborative approach with excellent interpersonal skills which will help you thrive as an Senior Programmer Analyst at FinAGG. Skills/Qualifications/Experience: ● Bachelor’s degree in Computer Science, B.Tech , BCA, MCA ● 4+ Years of Experience ● Proficiency in Java MYSQL on Java, Spring boot & API ●Must have good understanding of current and future trends and practices in Technology ● Must be able to demonstrate desired results and business outcomes ● Ability to drive technology evaluations and provide direction to team ● Ready to dive deep into code and provide engineering solutions in line with industry standards ● Demonstrated experience and understanding of the Project and Software Development Lifecycles Responsibilities: ● Lead and manage multiple teams engaged in development of tech projects. ● Handling a team with various management responsibilities that include resource management, reviewing, assessing, and managing quality of work, leading projects, developing a technology strategy, and managing business relationships. ● Interact effectively and manage the partnership with a line of business and technology stakeholders to deliver successful business results. ● Supervise, coach and train analysts and programmers Assess system capabilities and undertake feasibility studies that include financial considerations and time lines Create workflow diagrams, explore alternative solutions, write programs Comply with university standards for production, quality and productivity Train system users, serve as an information resource, develop resource materials, provide ongoing support Write documentation for system references Stay on top of new technology trends, join organizations, attend seminars, conferences and ongoing opportunities for education
Java, MYSQL, Spring Boot, API, Technology Strategy, Ongoing Support
Information Technology
Intermediate (6-10 years)
Noida,Chennai, Tamil Nadu, India
Job Role: Portfolio: Handling clients in Wholesale Banking including SME as a Mortgage Desk Service RM Particulars 1. Handling TSR for new clients; TSR for new properties of existing clients; Interim TSR for existing cases; 2. Handling Valuation for new clients; Valuation for new properties of existing clients; 3. Handling Revaluation of existing properties; 4. Ensuring vetting of TSR and Valuation reports as per extant process. 5. Ensuring vendor bill payments liaising with Payment Desk. Documentation 1. Preparing the draft mortgage documents and provide the drafts liaising with legal wherever applicable 2. Interact with clients and negotiate if need be on the format of documents, refer to legal / approvers with appropriate justification on the changes suggested 3. Get the documents executed from the clients. Verification Verification of Constitutional documents (MOA, Partnership Deed, etc.), Authorizations (BR, Partnership, Letters, etc.) for creating security, execution of documents and scrutiny of executed documents to ensure proper execution. ROC / SRO compliances Arrange filing of necessary forms with ROC and complying requirements pertaining to registration /notification of mortgage as applicable. Tracking of deferral Tracking deferrals and ensuring that all deferrals are closed within timelines. Custodian Ensuring proper care and safety of documents held in FRFC and complying with the laid down process / procedure for safe keeping of documents Document Tracking Tracking of documents for receipt; deferral; expiry etc. Liaison With clients, Relationship team, Legal; Credit; Technical Team, CAD; Operations etc for timely and smooth execution of deliverables and resolution of issues Job Requirement: Qualification CS / LLB / M.Com / MBA Functional skill set Excellent understanding of loan documentation, mortgage creation, title documents, various types of property and laws, etc. Eye for detail, ability to co-relate, approachable and pro-active Strong inter-personal, communication (written & oral) & presentation skills Hands on knowledge on MS Office - Word, Excel & Power point Team spirit & collaboration
CAD, Wholesale Banking, Excel, Loan Documentation, MS Office, Power Point
Information Technology
Expert (10+ Years)
Delhi, India
Job Role: Portfolio Handling clients in Wholesale Banking including SME as a Mortgage Desk Service RM Particulars 1. Handling TSR for new clients; TSR for new properties of existing clients; Interim TSR for existing cases; 2. Handling Valuation for new clients; Valuation for new properties of existing clients; 3. Handling Revaluation of existing properties; 4. Ensuring vetting of TSR and Valuation reports as per extant process. 5. Ensuring vendor bill payments liaising with Payment Desk. Documentation 1. Preparing the draft mortgage documents and provide the drafts liaising with legal wherever applicable 2. Interact with clients and negotiate if need be on the format of documents, refer to legal / approvers with appropriate justification on the changes suggested 3. Get the documents executed from the clients. Verification Verification of Constitutional documents (MOA, Partnership Deed, etc.), Authorizations (BR, Partnership, Letters, etc.) for creating security, execution of documents and scrutiny of executed documents to ensure proper execution. ROC / SRO compliances Arrange filing of necessary forms with ROC and complying requirements pertaining to registration /notification of mortgage as applicable. Tracking of deferral Tracking deferrals and ensuring that all deferrals are closed within timelines. Custodian Ensuring proper care and safety of documents held in FRFC and complying with the laid down process / procedure for safe keeping of documents Document Tracking Tracking of documents for receipt; deferral; expiry etc. Liaison With clients, Relationship team, Legal; Credit; Technical Team, CAD; Operations etc for timely and smooth execution of deliverables and resolution of issues Job Requirement: Years of experience 5-10 years of relevant experience Qualification CS / LLB / M.Com / MBA Functional skill set Excellent understanding of loan documentation, mortgage creation, title documents, various types of property and laws, etc. Eye for detail, ability to co-relate, approachable and pro-active Strong inter-personal, communication (written & oral) & presentation skills Hands on knowledge on MS Office - Word, Excel & Power point Team spirit & collaboration
CAD, Wholesale Banking, Excel, Loan Documentation, MS Office, Power Point
Information Technology
Experience Not Provided
Delhi, India