AVP & Lead- Sanction

Job Purpose:

The role is responsible for managing of credit limits relating to credit facilities and guiding the team members in the day-to-day transactions with respect to limit encoding and control. Further, he/she is responsible for ensuring that the team complies with the approved terms and adheres to policies, process and procedures of FAB Head office, representative offices, international branches and regulators.

Key responsibilities are as under: -

Direct supervision and engagement on timely fulfilment of day-to-day tasks, business requirements and regular housekeeping activities in accordance with the regulatory and performance standards of the organization.

• System authorization of encoding of credit limits, limit activation, CA’s, Facility Offer Letter (FOL) and other related releases from Credit / Documentation Unit, Project Payment Certificate (PPC) discounting/ settlements, Share Valuation Report (SVR), ailment tickets, suspension of interest, write-off entries, charges and fees, fixed deposit lien release and all other limit control related tasks
• Authorization of Internal Memos (IOM), Customer grade change.
• Monitor work submission channels (emails or ...