Junior Associate, Credit Administration

Table of Contents

Mashreq Bank

Mashreq Bank


Mashreq Bank


Karachi, Pakistan

Date Posted

July 14, 2021


Banking / Financial Services Jobs in Pakistan

Job Type


Education Requirement Bachelors/Masters
Career Level Mid Level
Experience 2-3 Years
Base Salary Competitive Salary
Street address Karachi


Job Purpose:

Job holder is especially answerable for:

Release & preserve credit score facility limits in varied banking methods consistent with credit score approvals / documentation unit launch directions and in adherence to all relevant financial institution insurance policies, procedures, rules and SLA’s.
Generate and challenge stability affirmation and different credit score associated letters / stories to the related stakeholders.
Perform User Acceptance Testing (UAT) on system enhancements for assigned tasks

Key Result Areas:

Credit Facility Limits are launched and maintained consistent with the credit score approvals / documentation unit launch directions.
Update covenants consistent with the credit score approval.
Ensure rates of interest, earmarking, reallocation and reinstatement of limits are accurately up to date consistent with authorized phrases and circumstances.
Ensure syndication facility associated disbursements, charge recoveries, rollover, settlements, curiosity/revenue changes directions are executed in an correct and well timed method.
Maintain undertaking trackers for discounting and monitoring progress cost certificates.
Monitor margin construct ups and generate exception & management stories.
Place and launch liens/maintain/blocks & freeze on deposits, securities, accounts and investments consistent with credit score approvals / facility agreements.
Prepare and generate credit score associated letters / stories required for patrons, regulators, administration, audit and so forth. on demand / periodic foundation.
Perform UAT’s on system enhancements associated to the unit’s actions and guarantee profitable closure of the UAT.
Escalate any system / course of irregularities in a well timed method.
Ensure “Zero” operational losses.
Ensure no audit findings.

Knowledge, Skills and Experience:

Graduate with truthful understanding of credit score administration actions.
A Minimum of 4 years’ expertise in General Banking overlaying at the very least 2 years in credit score administration associated actions.
Good Communications and interpersonal expertise

Seniority Level