Senior Specialist-credit Administration Job in Idfc First Bank

Role: Senior Specialist - Credit Administration
Function/Department: Wholesale Banking Operations
Experience: 10-18 Years
Education:
Graduation: B.Com, B.Sc, BA, BBI, BMS
Post-Graduation: MBA, M.Com, MA

Job Purpose:
The Senior Specialist - Credit Administration plays a critical role in post-sanction credit activities for large corporates. This role ensures compliance with credit, regulatory, legal, and product guidelines while facilitating disbursement. As a key control function, the role involves extensive due diligence, credit condition monitoring, and management of limits, covenants, collateral, and documentation to safeguard the bank s interests.

Key Responsibilities:
Credit Administration & Compliance:
Oversee a wide range of credit products, including working capital, term loans, NCDs, investment limits, portfolio buyouts, and commercial papers for large corporate and FIG segments.
Ensure credit appraisals align with internal policies and RBI regulations.
Verify that all conditions precedent are met before disbursement approval.
Documentation & Security Management:
Ensure enforceable legal documentation as per legal guidelines, including security creation (mortgages, pledges, hypothecation, etc.).
Track and manage covenants, deferrals, and compliance requirements in the system.
Facilitate safe custody and retrieval of loan documents for internal and external stakeholders.
Stakeholder Coordination & Process Improvement:
Coordinate with business teams, legal, credit, and external partners (valuation, audit, title search) to ensure timely and high-quality deliverables.
Process invoices related to credit administration activities.
Support internal governance initiatives to identify process gaps and strengthen controls.
Regulatory Reporting & Risk Management:
Ensure accurate and timely reporting of credit-related data to internal and external stakeholders.
Stay updated on RBI guidelines and regulatory reporting requirements (e.g., RBS submission).

Preferred Skills & Attributes:
Strong expertise in credit administration, risk management, and regulatory compliance.
Hands-on experience with credit operations for large corporate banking.
Knowledge of legal documentation, security creation, and credit monitoring.
Ability to liaise with internal teams and external agencies to drive operational excellence.
Proficiency in financial reporting and governance frameworks.

Why Join Us?
Play a key role in ensuring credit risk mitigation and compliance in wholesale banking.
Gain exposure to large corporate credit operations and regulatory reporting.
Be part of a dynamic team driving process improvements in credit administration.

If you have extensive experience in credit administration, a strong understanding of compliance frameworks, and a keen eye for risk management, we invite you to be part of our team!