Supervisor - (Credit Administration-documentation) - Mississauga, Canada - SBI Canada Bank

SBI Canada Bank
SBI Canada Bank
Verified Company
Mississauga, Canada

3 weeks ago

Sophia Lee

Posted by:

Sophia Lee

beBee Recruiter
Description

Supervisor (Credit Administration:
Documentation)

Location:
Onsite requirement at 77 City Center Drive Mississauga,Retail Assets.


The role and responsibilities include the activities relating to RM and retail loan account documentation and maintenance of Loan/Line accounts in Finacle.

The role requires co-ordination with third parties like Broker, Solicitor, Appraiser, and the branch staff and also the functionaries of 2nd and 3rdLine of the Bank.


Responsibilities:


  • Supervise Retail Loan account monitoring and implementing the gaps through service Branches (Irregular reports, ACH report, CIS monitoring)
  • Attend to audit / Risk reviews of the portfolio including but not limited to such as sending documents, arranging the files as per checklist, providing samples of controls.
  • Supervise opening of loan account in Finacle through Branch/ back office/Central back office.
  • Act as Verifier Loan account data in Finacle as and when required during maintenance of the account.
  • Supervise and monitor ACH/Standing Instructions maintenance for all loan accounts and follow up with the respective servicing branch.
  • CP's compliance as prescribed in CL before funding and updating in LMS.
  • Request for release of funds in LMS after all the required documents are received.
  • Request for recommendation of Approval of funding after all the CP's are complied with.
  • Ensuring proper documentation of all retail loans in liaison with the respective funding branch and uploading them in the respective folders of Retail Assets drive.
  • Coordination with the funding branch for Proper documentation of all the KYC, Bridger of all retail loans.
  • Checking of CIS report on regular basis to ensure consistency of data between Finacle and latest approvals through concerned branch.
  • Supervise all other activities relating to documentation, closing of deals and anyother responsibility retail assets team assigns as and when it is warranted.
  • Supervise and will be overall responsible for all post approval activities and maintenance of Loan/Line accounts.
  • Will be overall responsible for establishing process flow for obtaining and maintaining on records of all Loan and Line accounts of Retail Assets Department.
  • Attending to Audit, Risk, Compliance and any other departmental queries, observations and Audit formalities, and timely submission of reply to the reports.
  • Ensuring timely renewals of all RM and retail loans. Informing Branches for timely renewal/closure of all Loan/LOC accounts
  • Liaison of Thirdparty agencies and external partners and assist VP Retail Assets in new or renewal of contract with external agencies.
  • Prepare Process flow Documents to help execution of processes and guidelines as per Bank's policies and manuals
  • Attending to Audit, Risk, Compliance and any other departmental queries, observations and Audit formalities, and timely submission of reply to the reports
  • Guiding/educating the branches of various aspects on other Retail Loans.
  • Overall, in charge for Retail Assets in respect of FCPF Regulations.

KEY INTERACTIONS:


  • Internal auditor and other audit functionaries.
  • Brokers, Insurance assessors, Property assessors, environment consultants, Brokers and Solicitors.
  • Branch Head/Asst Manager of the funding branch for overall documentation in all the new deals and for renewals as well.

Job Type:
Fixed term contract


Salary:
From $42,000.00 per year


Schedule:

  • 8 hour shift
  • Day shift

Ability to commute/relocate:

  • Mississauga, ON: reliably commute or plan to relocate before starting work (required)

Experience:

Finacle Software: 2 years (required)

  • Banking: 2 years (required)
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