Authoriser - Credit Administration Department - Bank

Hiring for one of the leading bank.

Job Purpose:-

To ensure proper internal control mechanism (wherein a task performed by one staff automatically comes for review by another staff) & to ensure that errors w.r.to acceptance of documents/raising of a discrepancy, etc. are weeded out.

1. Checking the CAM / approvals for adequacy of approvals basis Credit Policy & Procedure Manual / Product Program.

2. Checking the covenants in the CAM / approvals.

3. Checking the CAM / CRI sheet for completeness of data to facilitate data capture in core system / CLIMS.

4. Checking for RAM rating details which have a bearing on approval matrix.

5. Checking for reject database confirmation by Credit.

6. Secondary check of security documents for correctness & completeness vis- vis stipulations in CAM / Product Program & legal requirements like stamping, execution, & enforceability.

7. Validating discrepancy, if any, identified in CAM / security documents by inputter.

8. Authorizing limit in core / support system post closure of discrepancies, if any, within agreed TAT & with 100% accuracy.

9. To ensure correct updation of critical fields in Core system & CIMS, like NPA Rule id, Security Value linkage, RAM rating, etc.

10. Second level checking CHG-1 & CHG-4 for creation & satisfaction of charge with ROC.

11. Checking & authorization of Stock statements, Insurance Policies in Clims and according authorize any change in Limit as well as freezing of limits where applicable.

12. Authorizing updation in CLIMS

1.First / Second check of Title Search Report (TSR) submitted by bank's empanelled advocate.

2. Liasing with advocate/valuers for early revert/referring the matter to internal legal/credit for clarification.

3. First / Second check of Valuation report submitted by bank's empanelled valuer.

4. First / Second check of Memorandum of Entry (MoE) & declaration.

5. Preparation / Checking the MOE/declaration executed at other regions and give clearance of mortgage.

6. Raising queries, if any, to advocate / valuer with a cc to RM, and coordinating for resolution.