VP Project Monitoring & Recovery (Wholesale Lending)
We are hiring a VP Project Monitoring & Recovery (Wholesale Lending) for our client in Travel and Tourism Sector.
Job Responsibilities:
- Project Financing & Appraisals: Evaluate project viability, assess financial risks, and conduct feasibility studies.
- Loan Documentation: Prepare and review loan documents, ensuring compliance with regulatory requirements.
- Disbursement: Manage loan disbursements, ensuring timely and accurate release of funds.
- Project Monitoring: Track project progress, identify potential risks, and implement corrective actions.
- Follow-up & Recovery: Ensure timely loan repayments, follow up on overdue payments, and initiate recovery proceedings when necessary.
- Financial Statement Analysis: Analyze financial statements to assess borrower creditworthiness and monitor loan portfolio performance.
- Portfolio Management: Maintain a close watch on the loan portfolio, including regular site visits, promoter meetings, and monitoring early warning signals.
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