Supervisor - (Credit Administration-documentation)

1 month ago


Mississauga, Canada SBI Canada Bank Full time

**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.
- Co-ordination 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 Third-party 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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