Trainee

Role overview

This trainee role is based in the Mumbai Metropolitan Region and supports credit administration, reconciliation, and portfolio quality control work within the Corporate Administration function at YES BANK. The position focuses on ensuring that documentation, system records, and operational checks are completed accurately and in line with internal policy requirements and RBI guidelines.

Core responsibilities

• Review credit sanction proposals to make sure they are handled in accordance with the bank’s internal policies and the applicable RBI guidance.
• Check that the Facility Letter is prepared correctly and accompanied by all supporting documents required under the Credit Approval Memo, while ensuring every prescribed credit condition is met.
• Carry out quality checks to confirm that system entries match the underlying Credit Approval Memo and related records such as valuation reports, title search reports, RoC, CERCAI, stock audit reports, and security review memoranda.
• Track and monitor exceptions so that all required items are reflected properly in the exceptions-tracking system.
• Validate disbursement notice processing as per the defined process and help avoid operational losses or revenue leakage.
• Compare data and reports to identify inconsistencies, mismatches, or other gaps that may need follow-up.
• Analyse stock statements and cash flow statements received from the business team and calculate drawing power for fund-based facilities extended to clients.
• Verify drawing power calculations and ensure CBS changes are updated correctly when drawing power increases or decreases based on the stock statement.
• Perform daily reconciliations of internal CASA accounts and general ledger balances, then investigate any breaks or unmatched entries.
• Match GST-related entries against the general ledger and validate GST input and output data before upload into the system to maintain accuracy and compliance.
• Prepare and maintain MIS reports and perform quality checks for the portfolio managed by the Corporate Administration Department.

Additional information

This is a contract-based position. The role is onsite in the Mumbai Metropolitan Region.