Manager - Credit Administration
Citibank Bahrain
Total years of experience :19 years, 11 Months
- Prepare Credit Approval reports based on proposed and existing credit limits as well as other collateral/ support documentation details
- Scrutinize credit approval packages to ensure compliance with credit policies as well as prudential regulations
- Monitor and report cross-border limits, update and circulate monthly Administration Memo (including. CA tickler, Document expiry tickler, Excess tickler, etc.), and disburse credit facilities as an Approver/ Checker
- Coordinate with the Risk and Business department for policies’ clarifications and implementation
- Track approval comments made by Risk and Business department on a monthly basis and ensure that these comments are closed before deadline
- Manage Global Risk Reporting (cross border exposure reporting to the HQ) for 3000 Customers with Credit Limits spread across 8 countries, as per Federal Reserve’s requirements. This time sensitive critical reporting involves multiple reconciliations with Operations & Finance data across various risk parameters and demands high levels of data accuracy
- Successfully setup an MS Excel based process for managing cross border reporting
- Assist the Finance Department in reporting BASEL II related parameters (like risk reporting, collateral reporting, ratings, etc.) and with trend analysis of defaults
- Manage portfolio reporting for classified customers and ensure accurate reporting to the Head Office on several critical parameters like Reserves, Memo Interest, FAS 114 reserves, etc.
- Product knowledge: Running Finance, Overdraft Facilities, Term Loans (Bilateral/Syndicated), LCs and SBLCs, Risk Participation Agreements (Funded/ Non-Funded), Fronting lines etc.
CREDIT RISK ADMINISTRATOR
Responsibilities include:
- Handle 3 portfolios: Locally Approved, Network Relationship Banking & Middle Market .
- Limit Monitoring/Disbursement of Credit Facilities in coordination with Documentation Unit.
- Credit Approval Preparation & Creation for LCG/MME Portfolio in coordination with Analysts and RMs.
- Scrutiny of Credit Approval packages to ensure compliance with Credit Policies & Prudential Regulations
- Perform systems up-dation for the above portfolios (line releasing / monitoring on all Credit Systems)
- Update markup rates, request customer IDs, monitor cleanup requirements etc
- Update & circulate monthly Administration Memo (Credit Approvals tickler, Doc Expiry Tickler)
- Track Senior Approval Comments on a monthly basis
- Correspondence with Risk & Business regarding policy clarifications & implementation
- Clean-Up Tracking of Running Finance Accounts.
- Reporting and tracking Deferral for Documents
Responsibilities included:
- Account opening
- Clearing functions
- Remittances & Online transfers
- Deposit Mobilization
CGPA: 3.08