Associate

About the job

About BNP Paribas India Solutions The Loan Service team sits with the Credit Operations department. The Loan service team manages the events within the life cycle of a loan once a credit facility has been granted to a client (primarily corporate clients) Job Title: Associate Date Department: ITO - Credit Ops – Loan Service Middle Office Location: Mumbai/ Chennai Business Line / Function: ITO Reports To (Direct): NA Directorship / Registration: NA Position Purpose: The Loan Service team sits with the Credit Operations department within CIB IT and Operations in the bank. The Loan service team manages the events within the life cycle of a loan once a credit facility has been granted to a client (primarily corporate clients) and is split into 2 functions: the middle office function and the back office function. Responsibilities Direct Responsibilities Management of the life cycle of a corporate loan in the Loan Service Middle Office team: consisting of vanilla loans, syndicated loans and bilateral structured loans. Ensures all processes and controls related to pre-booking (limit check, callback, etc) are performed in accordance with the team’s established operational procedure and within the internal control framework of the bank. Communicates client’s request to Treasury team to ensure the client’s request is properly funded before actual drawdown. Management of the loan lifecycle in the bank’s internal system in accordance with the client’s instruction. Manages the post-booking loan events such as fee management, invoicing, chasing. Liaises with relevant stakeholders of the bank in case of abnormal events. Applies exceptional procedures as designed by the team where needed. Reporting and management of loan provisioning process in close co-ordination with Finance and dedicated front office desks for handling such types of loans. Ensures operational excellence. Ensures timeline escalation and reporting of anomalies/incidents. Continuously ensures the operating procedures are reviewed and updated. Change management tasks Support and/or contribute to change initiatives (regulatory, internal, etc), as requested by the regional/global Credit Ops office. Contribute to all internal and external audit missions. Contributing Responsibilities Good knowledge of the loan products and business lines. Some accounting knowledge. Excellent command of MS Office (Excel + Word). Planning & Organization skills (setup and follow schedules). Oral and written communication skills (internal and external, from Business lines to Back Office).

Requirements

• Good knowledge of the loan products
• Account management
• Excellent command of MS Office
• Oral and written communication skills

Qualifications

• Minimum 2-3 Years Of Relevant Working Experience
• Diploma holder

Preferred Technologies

• Good knowledge of the loan products
• Account management
• Excellent command of MS Office
• Oral and written communication skills

About the company

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.