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Saaki Argus & Averil Consulting
Commercial lending- TM /STM / Team Lead
Bangalore Rural, Karnataka, India, Bengaluru, Karnataka, India |
Posted on 2024-05-24
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Job Description

Brief Overview of Position This role is responsible for onboarding all commercial loans to the core banking system (ACBS). This role serves an important function at the bank. Translating the legal documents and critical deal terms into the Bank’s Accounting system of record requires a high level of detail, the ability to read, comprehend, and understand complex loan contracts and loan terms. This role requires focus and requires the ideal candidate to operate with precision. The booking department is the first step in the life cycle of the on-going servicing of all commercial loans. Accuracy and precision are key.


Responsibilities

  • Receive and review commercial loan documentation (both attorney prepared and Laser Pro prepared).
  • Identify key terms within the loan documentation.
  • Enter loan details into the ACBS system of record, to include borrower entities, guarantor entities, rate, repayment, accrual, collateral, etc.
  • Understand and interpret the Bank’s credit approval document and any applicable credit write up.
  • Navigate the bank’s Commercial Loan Origination platform to access the required loan documents.
  • Onboard new clients to the Bank’s Client Onboarding application (Signature UI).
  • Onboard new, renewed, and modification credit actions to the Bank’s core system (ACBS) to include Commercial, Corporate, Private Wealth, and Consumer lending actions.
  • Ability to translate key terms from commercial loan documentation (Credit Agreement, Note, etc) into the ACBS system of record.
  • Understand complex loan structures and complex loan documentation (to include large syndicated transactions).
  • Properly transact offsets within the Loan General Ledger system to properly account for fees and loan offsets at booking.
  • Respond quickly to quality control deficiency citings to correct any errors made in the booking process
  • Communicate status of loan booking to line of business partners and bank managers.
  • Manage a pipeline of pending loans and prioritize accordingly.
  • Identify errors or issues at the time of booking and escalate accordingly The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.


Qualifications:

  • Required – minimum of 3 years of commercial lending experience


Location: Bengaluru.

Shift : Night shift 

Cab two way available. 

Skills
TM, Team, Loan, loan documentation, ACBS, Commercial Lending, Credit, loan booking, core system, Quality Control
About Saaki Argus & Averil Consulting

At Saaki, Argus & Averil Consuting we understand the key to a successful engagement is to be adaptive to our clients’ business needs. Ergo- The Best-Fit Range- a range of Placement Services spanning Senior Leadership to Operational placements.

https://www.saaconsulting.co.in/
Saaki Argus & Averil Consulting 17/7, 2nd Floor, B-Block, NRCS Towers, Kodambakkam High Road, Chennai Tamil Nadu – 600034.