Associate - Credit Operations.MGN Pak-Retail Banking Ops -RCO.Operations Group-PAKCOE

Mortgage - Home Loan

• Perform verification of loan documents as per standard Operating Guidelines Mortgage-Home Loan conventional and Islamic. 

• Verify all disbursal documents provided by Sales team (KYC, application form, Offer letter, loan agreement, property docs, insurance policies and undertakings) and ensure documentation is in line with Credit approval and SOP guidelines. 

• Prepare documentation check list for all credit documents required as per offer letter and record observations / discrepancies in check list and raise exceptions.

• Execute loan disbursals and ensure loan fields are updated as per documents provided in system. 

• Ensure financial transactions are posted without error and forwarded to Checker for authorization. 

• Handling loan servicing requests (loan settlement, postponement, rescheduling, Due date Change, Insurance switch, loan amendments & Issuance of release letters post loan settlement) review of customer docs and approvals and transaction execution in system.  

• Ensure ADM’s are adhered to for transaction processing. 

• To ensure appropriate controls are in place and maker checker process is followed for documentation check and transaction execution.  

• Ensure that quality is maintained in documentation review and transaction execution. 

   

SME / LAP (Loan against Property)

• Perform verification of loan documents as per SME standard Operating Guidelines. 

• Verify all disbursal documents provided by Sales team (KYC, application form, offer letter, agreement, property docs, insurance policies and undertakings) and ensure documentation is in line with Credit approval and SOP guidelines. 

• Prepare documentation check list and record observations / discrepancies in check list and raise exceptions.

• Execute loan disbursals in system and ensure loan fields are updated as per documents provided.

• Ensure accuracy of financial transactions and forwarded the cases to Checker for authorization. 

• Ensure that quality and accuracy while documentation review and transaction execution. 

   

Auto / Car Loans:

• Perform verification of loan documents as per car loan standard Operating guidelines. 

• Prepare documentation check list and record observations. In case of discrepancies in loan documents, update the check list and raise exceptions.

• Issue LPO for auto loans post documentation review and forward the case to checker for review / authorization.

• Execute loan disbursals and ensure loan fields are updated as per documents provided in system. 

• Ensure financial transactions are posted without error and forwarded to Checker for authorization. 

• Execute lien / releases in system as per loan document / customer request. 

• Ensure that quality and accuracy while documentation review and transaction execution. 

MIS / Reports / Reconciliation:

• Ensure MIS tracker are updated in timely manner and circulated to key business stake holders. 

• Ensure tracking of deferrals and Insurance and report escalation to relevant stake holders.

• Preform tracking of externally assigned insurance policies as per defined process.  

• Prepare monthly declaration reports for group insurance cases to get the life and property coverage. 

• Perform GL reconciliations within agreed timelines and ensure NIL exceptions, circulate the reports to all stake holders. 

   

• Tracking of system issues and liaising with various departments for issue resolution. 

• Participate in UAT’s for system changes and automation.   

• Support Adhoc Business requests.

• Customer complaints review and resolution. 

• Ensure effective coordination with onshore team to meet SLA and TAT. 

• Maintain a positive working relationship with colleagues.  

   

Key Result Areas

• Scrutiny of all loan documents / contracts for secured products.

• Execute disbursement in system and update MIS Trackers.

• Perform verification of servicing requests and execute transactions in system.

• Establishing authenticity of the information provided and ensuring that no case passes fraudulently.

• Perform GL reconciliation and circulate the reports to stake holders.

• Ensure Customer satisfaction with nil complaints. 

• Ensure TAT and SLA is maintained for loan processing.

• Meeting KPI and accuracy bench marks.

• Handling day to day queries / issues and assist team leader to resolve the same.

• Maintain Quality standards with nil exceptions. 

• Understanding the policies and parameters of product for disbursement process and be able to transact within the system and tackle day to day system based hindrances.

• Analyze the errors committed and work to improve those errors.

• Execute transaction as per laid down process / delegated limits.

• Graduate with 1-3 years’ work experience in operations.

• Excellent analytical skills.

• Good system skills, MS Office (Word, Excel & Power Point), MS Outlook.

• Experience in banking policies and credit parameters.

• Possess good communication, interpersonal skills.