Roles and Responsibilities
Purpose of the job -
The Operations unit caters to the following activities pertaining to the Urban / Rural business. The candidate is required to ensure compliance against company laid down policy & procedures.
Activities included as follows :
- 1. Centralized loan booking / disbursement – Urban / Rural
- Responsible for Urban / Rural loan booking / disbursements – Ensuring compliance of the prevailing checks and controls in the process.
- Timely and frequent reviews on the loan booking / disbursement process to identify risks and build controls to mitigate the same.
- Ensuring TAT adherence for the loan booking process.
- Keeping in place a repository for all transactions executed with proper audit trails. Ensure periodic reporting requirements are adhered to.
- Addressing queries related to such loan booking / disbursement.
- Ensure accurate and timely booking / disbursements without any misses.
- Review and implementation of new process and projects related to loan booking.
- Branch visits to drive process adherence and file quality.
- Arranging monthly meeting with stake holders to improve performance metrics
- Record management :
- Handling the record management unit. This Unit caters to the monitoring of records pertains to the Urban / Rural business
- Collateral management for all secured bookings undertaken by the Urban / Rural Loan Booking secured business booked out of Chennai
- Adherence to the Record Management policy of Fullerton India.
- Files & collateral dispatch to Chennai RMU as per defined timelines & accurately.
- Centralized Operation –
a. Monitor all central transactions related to Rural central Opsb. Loan cancellations, Loan rebooking & loan reschedulingc. Bank reconciliations and Cash management processd. Preparing branch / Hub resources productivity