Finance Operations - Graduate Apprentice Trainee

Job Description

The role involves managing pre- and post-credit approval operations in line with VFS policies, ensuring accuracy, timely processing, and data reconciliation. Key responsibilities include: Document Verification: Review loan/lease applications, KYC documents, CIBIL records, and legal documents at various stages. System Management: Set up approved customers/dealers in the CMS system and process Credit Application Memos (CAM). Disbursement Processes: Execute disbursement procedures according to VFS Credit, Operations, and Finance policies. Database Management: Maintain dealer databases and suggest improvements to enhance deal flow. Document Custody: Oversee the safe custody, storage, and retrieval of customer and collateral documents, coordinating with external storage agencies. Customer Service: Provide exceptional service to VFS customers, dealers, and business areas. Wholesale Operations: Verify wholesale dealer documents, manage disbursements, monitor limits, and coordinate repayments. MIS Reporting: Prepare and share Management Information System (MIS) reports related to wholesale dealers. NACH and PDC Management: Present NACH on cycle dates, coordinate with banking partners, and manage NACH/eNACH activations. Loan Closure: Handle loan closures, release collateral, issue NOCs, and ensure proper checks and balances. Payment and Repo Sale Allocation: Manage payment allocations and repo sale processes. Audit Compliance: Support and comply with internal and statutory audits. Minimum Education and Experience: Bachelor s Degree - BBA / BCOM Critical Skill: Good Communication written and speaking Ownership and accountability Thorough knowledge of computers specially MS Excel