Banking Associate
TCS
2 - 6 years
Chennai
Posted: 01/03/2025
Job Description
| Loan Support |
| Possible Role Alignment to - Loan Support |
| - 1-3 years of experience in Commercial Banking - Knowledge of industry standards and best practices for Commercial Loan operations, Ability to streamline and efficiently process the loan servicing functions across commercial lending products - Handle client operations loan operations activities - servicing (loan boarding and maintenance), inquiries, email admin, UCC compliance, repayments, Escrow management, and run down admin support like reporting and compliance - Contextual and domain expertise in commercial loans operations - Communicating with onshore teams, stakeholders to resolve daily operational queries - Making sure principal and interest schedules repayments & collection cycles is in sync with Loan docs - Understanding of loan documents to verify servicing, repayment & billing process - Ensuring adherence to credit and loan management policy - Generating Payoff Quotes and Performing Deal payoffs to terminate loans in Sub ledger - Answering Risk & customer queries with in stipulated timelines - Collaborating with Risk, Closing and Onboarding team to understand the Loan structure of upcoming accounts - Proficient in any of the Loan applications such as AFS Vision, ACBS, LoanIQ, Flexcube, etc. - Tracking of the transactions assigned and completion on time. - Daily Reporting of the activities/transactions processed. Maintain a proper record of all client files and dealings - Ability to work under pressure, and increased workload around quarter and end year reporting |
| Knowledge/Experience: •Prior experience in Commercial and Business Banking is preferred •1-3 years of experience, basic understanding of Microsoft Office Suite • Good numeric skill |
| Competencies/Skills: - Good Communication skills. - Customer / service orientation - Good Co-ordination skills and a team player. - Data quality and eye to detail |
| Qualifications: Graduate (Preferably Accounting , Finance) |
| Essential: - Knowledge of MS Office, Experience in Operations |
| Desirable: Experience with Global Banks preferably in Commercial banking domain |
About Company
Tata Consultancy Services (TCS) is one of the largest multinational IT services and consulting companies in the world, headquartered in Mumbai, India. It operates in over 50 countries and is a part of the Tata Group, India's largest business conglomerate. TCS offers a wide range of services including software development, consulting, digital transformation, and business solutions, serving industries such as finance, healthcare, retail, and telecommunications. Known for its global reach, technological expertise, and innovation, TCS is consistently ranked among the top IT services companies globally.
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