Credit Administration
1 week ago
CREDIT ADMINISTRATION:
- Issuance and scrutinization of Facility related documents including KYC and AML checks
- Loan agreements
- Facility Letters including Debtor Approval Letters
- Seek approvals from appropriate verticals for any deviations
- Liasioning with correspondent factors for limits
- Liasioning with Business Development, Credit, Legal, Finance and Operations
- Creation of securities as per Facility approval
- Facility & Limits maintenance in Factoring systems
- Creating/Updating Credit Administration Manual
- Ensure compliance with the activities as detailed in CAD Procedure Manual.
OPERATIONS:
- Managing the day-to-day operational activities for Factoring/Trade Finance
- Creating/Updating Operations Manual
- Timely disbursements to Clients
- Compliance with the FCI Rules for International Factoring
- Compliance with all statutory bodies as applicable for Factoring/Trade Finance
- Collection activities – monitor, follow-up and control the overdues
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