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Verified Job Accounting - Finance

Loan Doc Proc Analyst 2

Mumbai, Maharashtra
Accounting - Finance
#228164
Remote / WFH

Job Description

The Loan Doc & Proc Analyst 2 Is a position in ICG Corporate Loan Ops will be responsible for making/checking, review loan documentation & administrative support to various Corporate Loan Business. Applies specialty area knowledge in monitoring, assessing, analyzing and/or evaluating processes and data. Identifies policy gaps and formulates policies. Interprets data and makes recommendations. Researches and interprets factual information. Identifies inconsistencies in data or results, defines business issues and formulates recommendations on policies, procedures or practices. Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Develops working knowledge of industry practices and standards. Limited but direct impact on the business through the quality of the tasks/services provided.Responsibilities:This role will manage preparing and reviewing loan documentation while providing support to a variety of tasks related to the loan process. Activities will include independently processing and closing loans within a complex loans operation environmentInvolves in providing day-to-day loan transactional processing which may include booking cash transactions and making payments, performing loan reconciliations, inputting general ledger entries and (complex) calculations. In addition, there will be possible interaction with other counterparties around positions and outstanding balances/claims.Supports an expansive and/or diverse array of products (risk and control) /services.Follows established procedures to identify and resolve problems related to loan documentation/processing activities that require investigation or research.Makes recommendations to management to support process improvement.Resolves problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.Designs and analyzes moderately complex loan documentation reports to satisfy management requirements, support/control activities, and the launch of products/services.Makes evaluative judgments based on the analysis of factual information, and provides assistance in the implementation of loan documentation process improvements.Minimizes risk to the bank through increased knowledge of procedural requirements - understands and monitors errors to suggest solutions to reduce errors, and to adhere to audit and control policiesTimely management and escalation of all inquiries and issues related to loan processingHas direct interaction with external customers to disseminate or explain informationDemonstrates an intermediate level of understanding of products and processes
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