Kickstart your career with one of the leading providers of a wide array of financial services in India and globally, Come! join Yes Bank, make a moment.
Yes, Bank has been recognized amongst the Top and Fastest growing banks in various Indian banking league tables by prestigious media houses and Global Advisory Firms and has received several national and international honors for their various businesses including Corporate Investment Banking, Treasury, Transaction Banking, and Sustainability at YES BANK.
Your role
Take care of Risk Management functionality from post-sanction till disbursement and post-disbursement monitoring of corporate loans.
Pre-disbursement:
Check sanction is in line with Credit Policy of the Bank and also in line with regulatory guidelines
Prepare sanction letter and issue loan/security documentations required as per sanction terms
Scrutiny executed loan and security documents are legally enforceable and it comply with all the provisions of Company Act/other statutory laws. Any discrepancy to be resolved or deferral approval to be provide as per Credit Policy.
Ensure all pre-sanction conditions have complied
Issue Disbursement Notice to BO to set limit in the system
Adherence to agreed SLA for each transaction
Post-disbursement:
Post-disbursement monitoring of loan conditions such as financial or non-financial covenants tracking and monitoring
Close watch on Security creation and perfection as per the agreed timeline. In case of a delay charge penal interest
Ensure error-free reporting of various regulatory and internal MIS on a regular basis
Support Relationship teams in clearing credit exceptions to the minimum and helping in resolving them.
Ensure NIL audit queries and audit rating is always good for the unit
Coordinate with various internal stakeholders like Risk/legal/Operation risk/Fraud control/RCU
Ensure all security charge filing is done within the timeline with MCA or CERSAI
In case the account becomes NPA, adhere to the internal guidelines of the Bank to take necessary action immediately
Interact with various empaneled vendors for Valuation/Stock Inspection/Title search etc.,
Ensure recovery of fees/revenues and contain operational costs
Suggest process improvements for reducing operational costs and waste management
Understand, keep updated, and comply with the latest regulations, guidelines, and processes. Support change management by following the implemented process.
Ensure that vendors provide due diligence reports as per the bank's policy and formats. Further, keep a constant watch on vendors' performance and highlight performance and integrity issues of vendors.
Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are monitored and achieved during the course of the year
Takes ownership of his/her own learning agenda by identifying development needs in consultation with the reporting manager and working towards bridging the gaps through various means which go beyond just training
Understands the competencies relevant to his/her role and works towards displaying as well as developing these effectively
Keeps abreast of relevant professional/industry developments, new techniques, and current issues through continued education and professional networks
Follows risk policy and processes to mitigate the operational, regulatory, financial, informational, reputational, and audit risks as instructed by the departmental manager
Executes the established internal control systems and compiles relevant information for departmental audits, as necessary
Training, development & rotations
Yes Bank offers continuous learning initiatives to its employees to enhance their skills and knowledge. This helps them develop stronger professional relationships with clients, colleagues, and other stakeholders.
Key Learning & Development, Talent Management, and Leadership capability-building solutions are designed, developed, and delivered under the aegis of YES SCHOOL OF BANKING (YSB). YSB Learning Solutions focus on the ‘edge’ of traditional practices and approaches.
Salary & benefits
The annual salary for the role will range from INR 2.0 to 4.2 LPA (Source: Ambition Box). The bank takes care of you and your loved ones and will support you with a competitive and comprehensive benefits package as mentioned below;
At Yes Bank, executives are offered Fast Track career progression opportunities, Learning & Development initiatives focusing on capability development, Cross-functional – time-bound Strategic Assignments, Internal redeployments, Job rotations, and need-based cross-business transfers to develop their well-rounded managerial and leadership capabilities. They foster a leadership mindset that embraces meritocracy as a vital force to reward performance and exceptional competency.
They welcome you to embark on this professional journey with them and leverage this unique opportunity of becoming a substantial contributor and partner in the YES BANK success story.
Work-life balance
To engage the growing workforce, the Bank follows the 5 C’s Engagement Model viz. Culture, Communication, Career, Connect, and Care. By creating an intentional CULTURE, encouraging open and honest COMMUNICATION, strengthening CONNECT with employees and community, supporting CAREER development, and showing their CARE as an organization. It has a good Inclusive work environment and diverse working culture.
Culture & Vibe
Yes Bank is a great place to work. The company culture is very friendly, collaborative, and open. It's a great place to work if you're looking for a career in banking. The environment is very open, and there are always opportunities to learn new things and try new roles.
How to apply
To apply for this role, simply click the "Apply on employer site" button on this page to submit your application with Yes Bank India.
The basic recruitment for a fresher comprises of,
Written test
Interview with the management team or board members
Work rights
The opportunity is available to applicants in any of the following categories.