Asst. Manager


  • Relevant experience of at least 2 years.
  • Should have thorough knowledge of accounting principles and practices.
  • Should be competent in reading financial statements of companies and making deductions.

Job Profile

  • Appraisal of proposals, which include detailed analysis of the financial statements of the clients.
  • Scrutiny of the sales ledger of the debtors offered for factoring and making conclusions there from.
  • Verifying the transaction structure between the client and the debtor and their suitability to the factoring arrangement.
  • Undertaking verification through third party sources, such as CIBIL, MCA, banks, etc.
  • Undertake strengthening of the proposals originated by the marketing department by suggesting improvement in the transaction structure / and stipulate terms and covenants.
  • Preparing the proposals/ amendments in a time bound manner (ensure TAT), which includes gathering of all relevant information from the client and debtor and identifying the issues and risks and addressing them. Presenting the proposal / amendments before the sanctioning authority for approval.
  • Preparing sanction letters immediately after each sanction and ensuring relevant changes are undertaken in the system.
  • Monitoring the compliance to the sanction terms by the client.
  • Ensuring timely updation of information in the loan management system in sanctions / amendments.
  • Attending to internal / external auditor/ CAG/ RBI queries and resolving them.
  • Other credit administration activities such as, timely renewals / review / client rating approval/ preparation of board MIS.
  • Monthly / quarterly filing of data with CIBIL, etc.
  • Providing credit information reports to other banks / financial institutions. Respond to branches / client queries.
  • Contribute to amendments in the credit manual.
  • Contribute towards upgradation of existing Loan Management System and building upon of a Loan Origination System.
  • Credit Appraisal/Credit Administration Activities with respect to the transaction effected on Trade Receivables Discounting System.
You may please send your CV's on
Job Summary
  • Department: Credit (2 Positions)
  • Location: Mumbai
  • Minimum Qualification:Inter CA/ ICWA/ MBA/Post Graduate in Commerce.
  • CTC: Rs.5.5 lakh p.a.(Negotiable)

Copyright © 2022 SBI Global Factors Limited. All Rights Reserved. Designed by Webindia.