Total 2 job vacancies by Indian Overseas Bank

Job Description: Retail Banking

·        Maintaining a positive, empathetic and professional attitude toward customers

·        Communicating with customers through various channels

·        Liaising with Customer, Banks on update/follow up issues

·        Authorise Retail Banking Transactions including Money Exchange, Remittance and Personal Account

Management, Account Opening

·        Approve operational matters, such as Inward/Outward Remittance (Meps, TelegraphicTransfer, Drafts,

Cashier Order)

·        Handling local and foreign cheques clearing through CTS/EGIRO

·        Handling currency cash

·        Ensure the smooth and efficient day-to-day operations

·        Onboarding new customer (SB/CA) and scrutinizing documents

Job Description :

  Appraisal of onshore and offshore credit proposals for fixing limits relating to:-

-         Trade finance

-         Manufacturing sector

-         Project finance

-         SME’s

-         Syndicated term loans

-         Mortgage loans

-         Housing loans

Preparation of Short renewal & Branch level renewal.

Preparation of staff/clean loan & cash credit against FDR renewal.

Preparation of annual renewal/review of credit letters.

Preparation of Due Diligence of New/Annual review/enhancement proposals & Search on the company /Promoters through ACRA/AML/World check/ D&B reports/ CIBIL check/CBS Report etc.

The process involves preparation of the appraisal notes to be deliberated upon by the credit committee

  Analyzing the borrower’s financial statement on an annual basis and assigning risk rating to the account.

  Appraisal of temporary/Adhoc excess or enhancement requests to be considered by the credit committee

  Advise of sanctions to the borrowers and completion of documentation

  Follow-up of credit customers for review/renewal of accounts.

Credit monitoring through regular visit to borrower’s office and work place.

Assist ng managers in preparation of the following: -

  Maintaining and reviewing valuation and insurance records of credit customers.

  Assisting the Credit Admin Department whenever they require help or   when staff are on leave.

  Monitor payments for ACRA and Credit reports on a monthly or annual basis.

  Communicating of Sanction

  Following up for Compliance of Documentation Formalities & Safe Keeping of Documents

  Assistance in Creation/Completion/Compliance of legal documentation in respect of Sanction.

  Assistance in Monitoring & Correspondence of NPA Account

  Assisting in Central Office/MAS Inspection of the Branch/Statutory Auditors during Annual Audit

  Activation of Credit Facilities in System/Adhoc/Excess

    SUPERVISION OF,

A.   MAINTENANCE OFSECURITY DEPOSITS UNDER LIEN TO US

B.    MAINTENANCE OFREGISTER FOR INSURANCE POLICIES KEPT AS COLLATERAL

C.   MAINTENANCE OFCOLLATERAL RECORDS/RENEWAL ETC

D.   MAINTENANCE OFCASH CREDIT/LOAN ACCOUNT AGAINST DEPOSITS

E.    ASSISTANCE INPROBLEM CREDIT

PREPARATION/MONITORING OF VARIOUSBRANCH/CENTRAL OFFICE DAILY/ WEEKLY/ MONTHLY/QUARTERLY AND HALF YEARLY RETURNSAND STATISTICAL