Junior Associate, Credit Administration
Mashreq Bank
Karachi, Sindh, PK
3d ago
source : Mehnat Mazdoori

Job Purpose : Job holder is mainly responsible for :

  • Release & maintain credit facility limits in various banking systems in line with credit approvals / documentation unit release instructions and in adherence to all applicable bank policies, procedures, regulations and SLA’s.
  • Generate and issue balance confirmation and other credit related letters / reports to the relevant stakeholders.
  • Perform User Acceptance Testing (UAT) on system enhancements for assigned projects
  • Key Result Areas :

  • Credit Facility Limits are released and maintained in line with the credit approvals / documentation unit release instructions.
  • Update covenants in line with the credit approval.
  • Ensure interest rates, earmarking, reallocation and reinstatement of limits are correctly updated in line with approved terms and conditions.
  • Ensure syndication facility related disbursements, fee recoveries, rollover, settlements, interest / profit adjustments instructions are executed in an accurate and timely manner.
  • Maintain project trackers for discounting and monitoring progress payment certificates.
  • Monitor margin build ups and generate exception & control reports.
  • Place and release liens / hold / blocks & freeze on deposits, securities, accounts and investments in line with credit approvals / facility agreements.
  • Prepare and generate credit related letters / reports required for customers, regulators, management, audit etc. on demand / periodic basis.
  • Perform UAT’s on system enhancements related to the unit’s activities and ensure successful closure of the UAT.
  • Escalate any system / process irregularities in a timely manner.
  • Ensure Zero operational losses.
  • Ensure no audit findings.
  • Knowledge, Skills and Experience :

  • Graduate with fair understanding of credit administration activities.
  • A Minimum of 4 years’ experience in General Banking covering at least 2 years in credit administration related activities.
  • Good Communications and interpersonal skills
  • Banking
  • Financial Services
  • Investment Banking
  • Other
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