Job Description
Skill required: Commercial Banking Operations - Core Banking
Designation: Banking Operations Associate
Qualifications:Any Graduation
Years of Experience:1 to 3 years
What would you do?
We help clients address quality and productivity issues, keep pace with customer expectations, navigate regulatory and operational pressures and ensure business sustainability by transforming their banking operations into an agile, resilient operating model.The Corporate banking /Wholesale banking team is responsible for helping clients and organizations processes trade finance transactions by providing superior service delivery to trade customers whilst safeguarding the bank from risks associated with this business.In this team, you will help in providing universal banking functionality to banks. With a focus on product strategy and a global market presence. This team will help in providing solutions to customers on industry-accepted platforms and Lead Product Managers to build an ecosystem of products and assets around these platforms namely Bancs, Finacle, Finastra, Pega, nCino.
What are we looking for?
Candidate will be working in our Financial Services, Banking, Insurance, and Capital Market verticals to help clients with their operations & investment portfolios. Candidate will be part of the Lending Operations team which prepares retail credit proposals, conducts pre-analysis, do dupe checks, data entry, customer point verifications (CPV), and review income documents in line with the client credit policy, procedures, and turnaround times. Candidate will be working on Wholesale Lending which is a debt-based funding arrangement between a business and a financial institution. In this role the expectation is to work on Loan preparation, setup, booking, funding, documentation, collateral maintenance, equipment finance, or specialty finance & insurance
Good oral and written communication is must since the process requires sending emails to internal & external stakeholdersResponsible for driving the Commercial Banking Loan Operations like Loan Booking services and booking a new customer in the client systems through Straight Through Processing (STP)Performs complex and varied transaction / assignments in the client systemsShould work with minimal supervision and should mentor New AssociatesShould support an expensive array of products / servicesDemonstrates technical / administrative expertise in banking domainApplies specialized functional area skills and basic knowledge including underlying professional/technical principles or standards, which are well defined.Understand the end-to-end Loan servicing cycle and have adequate controls in the process Hands on experience in setup loans in different applications will be an added advantageManage to perform Processor & Reviewer role based on business demands Analyze recurring issues and assist in developing process improvementsMonitoring status of aged items and monitor it closely till its delivered to clientModerate / excellent understanding of Banking on Loan processing / operationsValidate the loan information updated in the client application from the loan documents (Deed of Trust / Promissory note) Validate the loan level information between the documents and the loan booking system for accuracy & complianceOrganize the documents as per the manual Process to gather all the necessary information to properly complete a loan closing packageManage multiple Loan Servicing requests from client within the stringent timelineMainta Roles and Responsibilities: In this role you are required to solve routine problems, largely through precedent and referral to general guidelines Your expected interactions are within your own team and direct supervisor You will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments The decisions that you make would impact your own work You will be an individual contributor as a part of a team, with a predetermined, focused scope of work Please note that this role may require you to work in rotational shifts
Qualifications Any Graduation Job Classification
Industry: IT Services & Consulting
Functional Area / Department: BFSI, Investments & Trading,
Role Category: Banking Operations
Role: Banking Operations - Other
Employement Type: Full time
Contact Details:
Company: Accenture
Location(s): Chennai
Keyskills:
banking operations
loan setup
loan processing
loan operations
agile
trade finance
commercial banking
indexing
customer service
financial services
loan origination
underwriting
mortgage
wholesale banking
core banking
corporate banking
us mortgage