MUFG Administrator in Mumbai, India
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Credit Risk (Monitoring, Documentation and administration) – Administrator
Position – Administrator
Responsible for initiatives to create local credit policies, workflow and frameworks to ensure they meet regulatory needs including HO requirement and establish a credit monitoring and regulatory reporting framework.
Responsible for providing broad support for business and product areas for all credit related matters.
Responsible for the maintenance of databases, purification of data, maintenance of data feeds, and related updates to accounts and credit limit administration.
Work in partnership with the Corporate Banking, Branch Middle Office and Legal teams to effectively implement the credit monitoring & administration framework.
- Credit Documentation and Credit Control
Monitor covenant checks, due date control, approval conditions etc. done by the team and ensure all checks are carried out in a timely manner. Preparation of credit documentation by the team and support customization of documents with inputs from Legal. Document verification, limit registration and safe custody of documents. Responsible for reviewing and ensuring that a counterparty's collateral as per the terms and conditions of lending agreements are registered and maintained appropriately.
- Risk Evolution
Responsible for providing support to the team for various projects related to automation of Credit monitoring by providing data, conducting UAT, etc. Maintain good working knowledge of latest industry trends, products, relevant laws and regulations so as to apply them in strengthening the risk framework.
Skills & Knowledge:
'- Good understanding of credit frameworks & control mechanisms and ability to upskill in line with emerging requirements.
Extensive knowledge of credit and related legal documentation under both Indian and English law.
Good Knowledge of Corporate Banking products and services.
Good communication & stakeholder management skills with ability to influence others
Education and Professional Qualifications Length and Type of Experience:
2-5 years of relevant experience in Credit Administration for an international Corporate bank with a large presence in India
MUFG Bank Ltd & MUFG Securities Asia Limited (collectively referred to as “MUFG”) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
Our Culture Principles
Listen Up. Speak Up.
Innovate & Simplify
Own & Execute