Job Description
Provide full support to Trade Sales Team on Open Account & Factoring portfolio on the following tasks
- Prepare ongoing proposals on debtor additions, debtor limit increases, debtor name change & take the necessary credit approvals & raise system request marking the concerned stakeholders for smooth day to day business functioning.
- Conduct Due Diligence and validation under Receivables Finance programs based on requests received from various channels
- Tracking renewal / survey of facility to check if right term sheet is attached to latest CP
- Supporting review of debtors for timely action required on default debtors
Responsibilities
- 100% compliance to the TAT as per the SOP
- 100% accuracy of the Due Diligence conducted
- Enhancing the current process to enhance the TAT as much as possible
- Identify and resolve areas of concern that crop up during the due diligence process.
- provide suggestion/feedback on risk mitigation.
- Suggest corrective measures for improving factoring structure and account conduct.
- Proactive approach for resolving issues with all interdependencies.
- Resolving customers complains related to operational issues
Qualifications
- Graduate with 3-5 Years with strong numeric and computer skills
- Local market knowledge.
- Understanding of Financials and trade cycle/terms of companies
- Sufficient knowledge of the bank's products and operating systems.
- Conversant with basic banking laws and local regulations.
- Good PC skills
- Should have good presentation skills as well as a pleasant personality and show tact and diplomacy while maintaining total independence from marketing considerations
