Trainee

Role & Responsibilities

• Ensure credit sanction proposals are processed in line with the Bank's internal policies and applicable RBI guidelines.
• Verify that the Facility Letter is issued accurately with all required documentation as per the Credit Approval Memo (CAM), ensuring full compliance with all stipulated credit conditions.
• Perform quality checks to verify accurate data capture in the system based on underlying CAM, various reports such as valuation report, title search report, RoC, CERCAI, stock audit report, security review memo, etc.
• Monitor various required exceptions tracking in the exceptions tracking system.
• Verify Disbursement Notice processing as per the laid-down process and ensure NIL Operational Loss/revenue leakage.
• Perform various reconciliation/comparison based on data & reports to derive anomalies or gaps.
• Analyze Stock Statements & Cash flows received from Business and DP computation for Fund Based facilities availed by clients.
• Verify Drawing Power calculations and changes in CBS in case of increase or decrease of Drawing Power with reference to the Stock Statement.
• Perform daily reconciliation of internal CASA accounts and general ledger (GL) balances, and identify and investigate any reconciliation breaks or unmatched entries.
• Reconcile GST-related entries with the General Ledger and validate GST input/output data prior to system upload to ensure accuracy and compliance.
• Maintain MIS reports and conduct quality checks for the portfolio handled by the Corporate Administration Department.