919619915332 919619915332
Innoquest Consultancy

Job openings for require avp credit 7 yrs exp manager credit 5 yrs exp asst manager credit 3 yrs exp in sbi global factors ltd in mumbai

Require AVP Credit ( 7 Yrs Exp.) /Manager Credit ( 5 Yrs Exp.)/Asst. Manager Credit ( 3 Yrs Exp.) In SBI Global Factors Ltd.


• Appraisal of proposals, which include detailed analysis of the financial statements of the clients.
• Scrutiny of the sales ledger of the debtors offered for factoring and making conclusions there from.
• Verifying the transaction structure between the client and the debtor and their suitability to the factoring arrangement.
• Undertaking verification through third party sources, such as CIBIL, MCA, banks, etc.
• Undertake strengthening of the proposals originated by the marketing department by suggesting improvement in the transaction structure / and stipulate terms and covenants.
• Preparing the proposals/ amendments in a time bound manner (ensure TAT), which includes gathering of all relevant information from the client and debtor and identifying the issues and risks and addressing them. Presenting the proposal / amendments before the sanctioning authority for approval.
• Preparing and signing of sanction letters immediately after each sanction and ensuring relevant changes are undertaken in the system.
• Monitoring the compliance to the sanction terms by the client.
• Ensuring timely updation of information in the loan management system in sanctions / amendments.
• Attending to internal / external auditor/ CAG/ RBI queries and resolving them.
• Other credit administration activities such as, timely renewals / review / client rating approval/ preparation of board MIS.
• Monthly / quarterly filing of data with CIBIL.
• - Providing credit information reports to other banks / financial institutions.

• Respond to branches / client queries.
• Contribute to amendments in the credit manual.
• - Contribute towards upgradation of existing loan management system and building upon of a loan origination system.
• Credit Administration Activities with respect to the transaction effected on Trade Receivables Discounting System.
• Supervise the work of Asst. Manager/ subordinate credit officers.

Experience 3 - 7 Years
Salary 4 Lac To 11 Lac P.A.
Industry Financial Services / Banking, Investments / Insurance / stock market / Loan
Qualification M.B.A/PGDM, CA
Key Skills Credit Appraisal Credit Analyst

About Company

Company Name

SBI Global Factors Ltd.

About Company SBI Global Factors Ltd (SBIGFL), a subsidiary of State Bank of India, is Non Banking Financial Company regulated by Reserve Bank of India. SBIGFL provides Domestic and Export Factoring services under one roof. It is headquartered in Mumbai with 09 Branches across India. SBIGFL aims to be India's premier factoring company
Contact Person Sumant Singh
Mobile 9619915332
Email ID contactus@innoquest.co.in