Roles & responsibilities:
Description:
IPB Lending Operations (Banking) team is part of Wealth management which takes care of Loan deal build/origination, Loan Payments, receivables, Invoice Generations, Auto debit setup, Loan reporting and reconciliations for International Private clients.
Your key responsibilities
Generating the outstanding Invoices, Fund Transfer, Reconciliation of Accruals vs Outstanding Payments of lending business
Sharing the Invoices with Client over e-mails or mails.
Adjustments of Interest rates in Deposit account when required.
Preparing of automated and manual reports on outstanding Documents and sharing with business,
Keeping a track of outstanding document on loan account. Following up with business for submission.
Identifying a business risk and report it to respective stakeholders.
Prepare an action plan to mitigate risk and close the outstanding risk items within deadlines.
Handling Audits requirements with explaining the process and providing documents.
Training new staff and keeping documents updated to process and Audit requirement.
Your skills and experience
Experience in Lending Business is required.
Must understand U.S. based Lending products.
Needs to be a self-starter with significant ability to undertake initiatives.
Strong interpersonal / good negotiations skills are required.
Follow through skills, Effective communication skills, fluency in Microsoft Office skills, ability to confidently handle internal clients, futuristic and innovative approach will be expected.
Ability and willingness to work in night shift is a must.
Keyskills: fund transfer reconciliation invoice processing loan
Magna Infotech is a division of USD 400 + million Quess Group (quesscorp.com) which in turn is a subsidiary of USD 37+ billion - Canadian Multinational, Fairfax Financial Holding Group. Magna Infotech is the largest staff Augmentation and Solutions Company in India, USA and APAC regions. We are a ...