Operation Officer -Central Operation Loan Department
Finance House P.J.S.C
مجموع سنوات الخبرة :7 years, 6 أشهر
Key Result Areas:
Processing/booking of Commercial Loans (Medium and Short Term Loan, Trust Receipt Loan, Invoice and PPC Discounting over draft loan etc.) in T24 core banking system as per approved credit application, sanction and concerned department instruction.
Processing /booking of Retail Loans (Personal Loan, SME Loan, Staff loan, Car Loan, Payday loan) in T24 core banking system as per approved credit application and concerned department instruction.
Fast turnover time, accurate input and processing of transactions - Product Line, limit set-up, interest rates, margins, commissions, start date, expiry dates, number of terms, term amount etc. in their respective fields.
Regulating the full and final settlement, partial settlement, deferment, restructuring, rescheduling of commercial and retails loans.
Initiating transfer of fund to client external account or issuing manager cheque.
Creating short term advance accounts (STA), current accounts, over draft accounts, suspended interest accounts in the system and apply credit interest or debit interest rate for these accounts.
Ensuring the creation and updation of customer information file (CIF) in T24.
Registering each invoices/PPC separately in the system for bill discounting transactions and generating date wise schedule accordingly (over 200 bills monthly).
Generating presenting in ICCS, reconciling and delivering security cheque as per recovery department instruction (about 400 cheques monthly)
Reconciling of labor guaranty interest cheques, hand over the cheques to concerned team and update the system
Processing Journal voucher (JV) transaction to recovery processing fees and for adjustment entry to P&L account.
Processing loan Writ-Off’s transactions
Carrying out of loan Freeze/De-Freeze, based on instructions of the concerned authorities
Preparing the repayment schedule (manual and in system) for commercial and retails loan based on sanction terms and conditions and retails team requirement
Working out the due amount, in case of loans which are intended to be paid before maturity and advising the figures to the teams concerned
Special assignments, such as data clean-up projects, User Acceptance Testing for development of new products
Allotting
o Clearances letter to bank for the buyout customers
o No liability letter to retail and corporate customer
o Local purchase order (LOP) for car loan
Executed and implemented competent regulatory authority guidelines, monitored day-to-day transaction, educated staff on KYC Standards, conducted due diligence, reported suspicious transactions
Monitored transactions which were bound to reach high risk countries, customer or amount; collected all relevant and supporting documents related to the source of funds and purpose of remittance
Placed on hold, if any transactions that circumvent the guidelines and upon suspicion report to the regulatory authority through the Head - AML Compliance
Validated instant money inward and outward transactions
Delivered the documents required by AML-Compliance Department in connection with the external audit
Monitored cash management, updated FC rates, corporate business management, customer registration, compliance, claims recovery, customer care
Assisted the staff in the day-to-day operations of the branch, managed quarries through EIRS (Electronic Interactive Response System); prepared all the day end reports
Assisted the AM to fix remittance, foreign currency, income & expenditure and issuance margin yearly/quarterly/weekly/daily target for Abu Dhabi Area-2 branches
Acted as Report Area Manager about year to year/ month to month/ quarter to quarter/ week to week/ date to date growth/ de growth of the Abu Dhabi Area two - 24 branches
Supported the Area Manager to prepare quarterly PMS analysis for the branch managers based on their quarterly remittance/FC/issuance margin/cost to income ration and staff productive performance
Formulated weekly report in MS Excel and in PowerPoint presentation file (PPT) for AM weekly meeting, which consisted of remittance achievement, FC margin, corridor wise remittance achievement, cost to income ration, issuance margin, staff productivity, claims recovery and missed opportunity reports
Regulated remittance and fund transfer operations, sell or purchase foreign currency, cash management
Directed execution and implementation of AML policy and procedures, open NRE/ NRO accounts for customers, Sell others allied products
Executed all other responsibility given by Branch Manager or Supervisor
Responsible for instruct on fundamental computer skill to students, Provide basic knowledge on Office Package, Operating Systems, Data Base and other programming Language to undergraduate, Postgraduate and short term course students and Conduct periodic exams.
M.B.A with honors in Finance from Sikkim–Manipal University
Bachelor of Science in IT from Sikkim–Manipal University
Bachelor of Commerce with honors in costing from Mangalore University
