Assistant Manager/ Manager – Finance and Operations

Job Description:

The role is supposed to help the new age (FINTECH) online lending platform to achieve its mission Financial Access at a Click by managing back and front office operations in line with the policies laid down by senior management, in order to ensure smooth and uninterrupted loan administration processes. The role of the position holder will be to provide back office operations support lending activities with a focus on the documentary credit area. The job holder initiates and is responsible in end to end Post Sanction – Predisbursement process, Disbursement and collection process Banking/ Collection process, Loan management system configurations and process.


Responsibilities :

  • Handling Loan Management System implementation and all operational entries
  • Handling documentary credits including the opening, confirming, advising, negotiating and amending letters of credit
  • Handling documentary collections including incoming and outgoing collections and remittances as well as acceptances
  • Issuing, amending, and liquidating all types of letters of guarantee (bid bond; performance; payment; standby and counter guarantees)
  • Handling modern loan administration and maintenance of loan books including processing payments/disbursements in line with approved terms, monitoring repayments/recovery, reviewing legal documentation to identify compliance and reporting obligations required for monitoring through the life of the facility and ensuring full loan covenant compliance and that all terms and conditions of the respective deals are adhered to
  • Daily Bank Reconciliation and Loan account reconciliation
  • Establishment of safeguards for the above activities including managing the physical strong-room, customer signatures and security documents
  •  Maintenance of credit and collateral files, and credit enquiry as well as records of recovery efforts (except problem loans which move to Head Risk Management)
  • Management and operation of the “back office” as part of the automation process
  • Coordinating and reconciling customer accounting system with the general ledger in Finance Department
  • Preparing accounting and other reports for the information of Management
  • Liaising with customers through the front office
  • Any other duties as may be assigned by Senior Management


Requirements :

  • Sound experience of at least 5 years with a BANK / NBFC in end to end Post Sanction process, Banking process, Loan management system configurations
  • Ability to interact with senior officials and Auditors
  • GOOD verbal and written communication skills in English



Location : Mumbai

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