Manager / Sr. Manager - CAD Disbursement

Hiring for: A leading private sector bank in India, offering a wide range of banking and financial services to corporate, retail, and institutional clients.

Role: Manager / Sr. Manager - CAD Disbursement

Positions: 1

Experience: 8 to 12 years

Location(s): Mumbai

Type: On-site / Permanent

Salary: Up to INR 18 LPA

1. Annual Review / Renewal Processing

• Process approved annual review and renewal requests in the Core Banking System.
• Validate approval parameters and ensure limits are renewed as per sanctioned terms.
• Update facility expiry dates, limit amounts, and related system parameters accurately.
• Ensure timely implementation of approved renewals within defined turnaround times.
• Coordinate with Credit Risk, Business, and Operations teams for closure of pending cases.

2. Short Extension of Working Capital Limits

• Implement approved short-term extensions of working capital facilities in the Core Banking System.
• Update revised validity periods and extension parameters as per approval conditions.
• Ensure accurate reflection of temporary extensions in customer accounts.
• Monitor extension expiries and support timely system updates based on subsequent approvals.
• Maintain records and MIS of extended facilities.

3. Collateral Maintenance in System

• Update collateral and security details in the Core Banking System based on approved instructions.
• Process addition, modification, enhancement, reduction, substitution, or release of collateral records.
• Ensure collateral values, lien details, security types, and linkage to facilities are accurately maintained in the system.
• Perform periodic verification of collateral data to ensure system accuracy and completeness.
• Support reconciliation of collateral records between source systems and CBS.

4. System Controls & Compliance

• Ensure all system updates are executed in accordance with approved sanction terms and operational procedures.
• Follow maker-checker controls and internal process requirements.
• Identify and escalate discrepancies between approval details and system records.
• Support internal and external audit requirements related to credit facility maintenance.

5. MIS & Reporting

• Prepare and maintain reports relating to renewals, extensions, and collateral updates.
• Monitor pending system implementation requests and adherence to service levels.
• Provide management information and operational dashboards as required.

Key Skills & Competencies

• Good understanding of banking credit facilities and working capital products.
• Experience with Core Banking Systems and limit maintenance activities.
• Knowledge of collateral maintenance and security mapping in banking systems.
• Strong attention to detail and accuracy.
• Ability to interpret approved credit terms and implement them correctly in the system.
• Good analytical, organizational, and stakeholder management skills.
• Proficiency in Microsoft Excel and reporting tools.

Key Performance Indicators (KPIs)

• Timely implementation of annual reviews and renewals.
• Accuracy of limit loading and facility maintenance in CBS.
• Timely processing of working capital limit extensions.
• Accuracy of collateral updates and facility-security linkage.
• Compliance with operational controls and audit requirements.
• Achievement of agreed service level turnaround times (TAT).