Senior Lead - Credit Administration
IDFC FIRST Bank · Chennai
- Experience5–10 yrs
- SalaryNot disclosed
- Work modeunknown
- Levelsenior
- Posted23 Sept 2026
About IDFC FIRST Bank
IDFC FIRST Bank is hiring in Chennai in financial services. This role looks for around 5+ years of experience.
The role
A senior lead Credit Administration role at a banking and financial services organization, handling post-sanction credit administration for Large Corporates and FIG segments, including due diligence and credit condition monitoring for disbursement. You will oversee credit processing approvals, limit/covenant/collateral/document management, security creation (mortgages, pledge, hypothecation), and tracking of covenants/deferrals while coordinating with legal, business, and loan operations. Required skills include credit monitoring, project management, and governance of regulatory reporting and audits (with CAD reconciliation/cleanup). The role is based in Chennai, Tamil Nadu, India; work mode is not specified.
Full job description
Job Requirements
Role/ Job Title: Senior Lead – Credit Administration
Function/ Department: Wholesale Banking Operations
Job Purpose: Job requires to handle through self checks and team, post sanction activities in credit framework for Large Corporates and ensuring adherence to credit, regulatory, legal and product guidelines while allowing the disbursement to customer. As last gatekeep of the money and important control functions, role involves extensive due diligence and monitoring of credit conditions stipulated by approving committee and ensuring adeauate limit, covenant, collateral and documents management.
Roles & Responsibilities:
Primary Responsibilities
To handle wide range of products from working capital to term loan, NCD, Investment limits, Portfolio buyout, Commercial paper in Large corporate and FIG segments.Checking if all credit appraisals are adequately approved and conform to internal as well as RBI guidelines.Capability to guide/mentor the makers/checkers and ensure that processing are error free and within the committed timeline.Check whether statutory / internal exposure limits are not breached.Liaison with Business Teams, Legal, Credit etc. for timely and quality delivarables by resolution of issues/answering queries.External vendor management for multiple activities like stock audit, valuation, title search.Handling various audits during the year and ensuring that adequate & timely responses are sent.Handling department level initiative and taking these to closure by collaborating with other stakeholders.Ensure enforceable legal documentation for credit facilities as per legal guidance and standard. format/procedures. Involve in security creation including mortgages, pledge, hypothecation etc.To Ensure compliance with all conditions precedent prior to disbursement.To give clearance for disbursement through the LSM/DM which is sent to Loan Operations.Set process/ make modification in existing process to avoid operational risk at early stage.Co-ordinate with loan operation team to seamless processing of transactions.Ensure various covenant/deferrals tracking in system.
Secondary Responsibilities
The role requires to work closely with Business and Operation team to faster processing of transaction under Customer First philosphy of Bank.Governance of various housekeeping activities from CAD perspective: Periodic Reconciliation and clean up, documents/security management etc.Governance over data/regulatory reporting, ensuring accurate and timely reporting.Managing Regulatory inspections, Audits, OR with sample/ data submission.To develop an indepth understanding of IT system in credit ecosystem in Bank and assist in identification of gaps to mitigate the gaps.Managerial & Leadership Responsibilities.Excellent interpersonal communication skillCredit Monitoring skillsProject Management Skills
Educational Qualification:
Graduation - Any graduation
Postgraduation - Any postgraduation
Experience: 5 - 10 years of experience