This site uses cookies. To find out more, see our Cookies Policy

Credit Control officer in Washington DC at DISYS

Date Posted: 11/28/2018

Job Snapshot

  • Employee Type:
    Contractor
  • Location:
    Washington DC
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    11/28/2018

Job Description

Credit Control Officer

DISYS is currently looking for a Credit Control Officer here in the Washington DC area.  The Credit Control Officer will be working for our customer, who is a leading banking institution.  This candidate must have a stable job history.


Job Description:

•       Encoding and releasing of credit limits and ensuring accurate detailing before inputting the same into the Bank’s system. 

•       Maintaining accuracy with regards to encoding and application of interest rates, commission, charges and various types of fees. 

•       Preparing instructions to Operations Dept. for processing day-to-day transactions -  Syndication/ Bilateral Loan Draw Downs, repayments, loan settlements, Rollovers and recovery of various Fees & Income (e.g. Management Fees, Commitment Fees, Processing Fees), etc.

• Processing of day-to-day transactions – Bilateral loan / syndication loan drawdowns / repayments / rollovers, processing tickets, payments against Progress Payment Certificate, etc.

•       Preparing instructions for provisioning of accounts, customer grade changes, suspension of interest changes and write-off entries. 

•       Preparing Liability and Balance Confirmation Letters for the customers. 

•       Database management for the syndication portfolio handled. Activities include accurate compilation & timely update of all facility terms and conditions required for the ongoing monitoring & administration of facilities during its entire life cycle. 

•       Carrying out Portfolio Monitoring activities entailing ongoing review of limits and outstanding in GLCMS and Core Banking System (CBS) and reporting on any deviations (excess over limits, overdue interest / loan payments, expired limits, etc.)

•       Carrying out Facility Maintenance activities such as amendment of interest rates, deferral of loan installments; extending loan maturity date, etc.  

•       Ensure proper tracking of arrangement fees / upfront fees / documentation fees and ongoing fees due on various facilities, its calculations and due dates and timely follow-up with facility agents / coverage teams for receipt of payments and passing on necessary instructions to operations teams for booking the same. 

•       Timely follow-up with external Facility Agent Banks for the receipt of notifications on amounts maturing or becoming due.

•       Preparing Monthly Activity Report on rotation illustrating the total volume of transactions processed by the department in each month. 

Qualifications:

•       Good knowledge of Banking Products.

•        Ability to interpret and work on financial core banking systems. 

•       Knowledge of the operational (transactional) aspects of both syndicated and bi-lateral lending.

•       Proficiency in MS Office

Job Requirements

Education

Bachelors’ Degree in Commerce / Finance 

 

Experience


•       5-8 years’ experience in Corporate Banking with at least 5 years’ experience in the Corporate CAD function.



Digital Intelligence Systems, LLC. is an Equal Opportunity Employer, M/F/D/V. We do not discriminate against any employee or applicant because they inquired about, discussed, or disclosed compensation. Email recruitinghelp @ disys.com to contact us if you are an individual with a disability and require accommodation in the application process.Digital Intelligence Systems, LLC. is an Equal Opportunity Employer, M/F/D/V. We do not discriminate against any employee or applicant because they inquired about, discussed, or disclosed compensation. Email recruitinghelp @ disys.com to contact us if you are an individual with a disability and require accommodation in the application process.