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Loan servicing Professional

3.00 to 6.00 Years   Gurugram   11 Dec, 2020
Job LocationGurugram
EducationNot Mentioned
SalaryRs 5 - 9 Lakh/Yr
IndustryBanking / Financial Services
Functional AreaRisk / Underwriting,Investment Banking / M&A
EmploymentTypeFull-time

Job Description

On-boarding new loan facilities requiring review of loan documentation, credit paper, underwriting models, and due-diligence reports Monitoring of key scheduled events through the life of the loan: Interest Payment Date, Maturity Date, Financial Statements, Insurance Requirement, Property Inspection, Valuation clause, etc. Monitoring and reviewing borrower reporting (tenancy schedules, operating statements, financials, and compliance certificates) with a keen focus on underlying financial covenants and the legitimacy of borrower reported income and expenses Run daily and monthly reconciliations of the bank accounts vs. the reports provided by servicers and resolve any variances which are observed Highlight any red flags in servicer reporting to the investors and liaise with the servicers in getting them resolved Assist in the preparation of ongoing reporting as required by the clients.Interested candidates can share their CV ASAP

Keyskills :
loan servicingexpensescovenantsfinancial statementsfinancialscreditinsurancevaluationinspectiondue diligencecompliancered flagspreparationonboardingloan syndicationmonitoringloan cycle

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