Skill required: Commercial Banking Operations - Core Banking
Designation: Banking Operations Associate
Qualifications:Any Graduation
Years of Experience:1 to 3 years
About AccentureAccenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? We help clients address quality and productivity issues, keep pace with customer expectations, navigate regulatory and operational pressures and ensure business sustainability by transforming their banking operations into an agile, resilient operating model.
The Corporate banking /Wholesale banking team is responsible for helping clients and organizations processes trade finance transactions by providing superior service delivery to trade customers whilst safeguarding the bank from risks associated with this business.
In this team, you will help in providing universal banking functionality to banks. With a focus on product strategy and a global market presence. This team will help in providing solutions to customers on industry-accepted platforms and Lead Product Managers to build an ecosystem of products and assets around these platforms namely Bancs, Finacle, Finastra, Pega, nCino.
What are we looking for? Candidate will be working in our Financial Services, Banking, Insurance, and Capital Market verticals to help clients with their operations & investment portfolios. Candidate will be part of the Lending Operations team which prepares retail credit proposals, conducts pre-analysis, do dupe checks, data entry, customer point verifications (CPV), and review income documents in line with the client credit policy, procedures, and turnaround times. Candidate will be working on Wholesale Lending which is a debt-based funding arrangement between a business and a financial institution. In this role the expectation is to work on Loan preparation, setup, booking, funding, documentation, collateral maintenance, equipment finance, or specialty finance & insurance
•• Good oral and written communication is must since the process requires sending emails to internal & external stakeholders
• Responsible for driving the Commercial Banking Loan Operations like Loan Booking services and booking a new customer in the client systems through Straight Through Processing (STP)
• Performs complex and varied transaction / assignments in the client systems
• Should work with minimal supervision and should mentor New Associates
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• Should support an expensive array of products / services
• Demonstrates technical / administrative expertise in banking domain
• Applies specialized functional area skills and basic knowledge including underlying professional/technical principles or standards, which are well defined.
• Understand the end-to-end Loan servicing cycle and have adequate controls in the process
• Hands on experience in setup loans in different applications will be an added advantage
• Manage to perform Processor & Reviewer role based on business demands
• Analyze recurring issues and assist in developing process improvements
• Monitoring status of aged items and monitor it closely till its delivered to client
• Moderate / excellent understanding of Banking on Loan processing / operations
• Validate the loan information updated in the client application from the loan documents (Deed of Trust / Promissory note)
• Validate the loan level information between the documents and the loan booking system for accuracy & compliance
• Organize the documents as per the manual
• Process to gather all the necessary information to properly complete a loan closing package
• Manage multiple Loan Servicing requests from client within the stringent timeline
• Mainta
Roles and Responsibilities: •In this role you are required to solve routine problems, largely through precedent and referral to general guidelines
• Your expected interactions are within your own team and direct supervisor
• You will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments
• The decisions that you make would impact your own work
• You will be an individual contributor as a part of a team, with a predetermined, focused scope of work
• Please note that this role may require you to work in rotational shifts
Any Graduation
About Accenture
Accenture is a leading global professional services company that helps the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale. We are a talent- and innovation-led company with 774,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com
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