Job Role: Banking & Finance Executive / Associate

Location: Mumbai
Experience: 1 –3 Years
Qualification: B.Com / M.Com / BBA / MBA (Finance) / PG in Commerce or Finance

Job Summary:
We are looking for a Commerce/Finance graduate or postgraduate with a basic understanding of banking and financial services. The candidate will be responsible for supporting banking/financial operations, documentation, customer-related activities, data verification, and routine reporting.

Key Responsibilities

Loan Processing & Credit Operations

• Handle end-to-end loan processing activities, including application review, documentation and data verification.

• Verify KYC, financial documents, bank statements and other supporting documents as per company requirements.

• Coordinate with the Credit and Operations teams for timely processing of loan applications.

• Ensure completeness and accuracy of loan files before approval/disbursement.

• Assist in loan disbursement, repayment and outstanding tracking.

• Monitor pending documentation, discrepancies and exceptions and ensure timely closure.

• Maintain accurate records of loan applications and related documentation.

Concurrent Audit

• Conduct concurrent audits of banking/financial transactions and operational processes.

• Verify transactions, documentation and approvals against established policies and procedures.

• Check compliance with internal controls and applicable banking/NBFC guidelines.

• Identify discrepancies, process gaps and exceptions and report them to the concerned team.

• Maintain audit working papers and prepare periodic audit reports.

• Follow up with respective teams for corrective actions and closure of audit observations.

Banking & Finance Operations

• Perform bank reconciliation and verify banking transactions.

• Monitor receipts, payments, fund transfers and other banking activities.

• Assist in maintaining financial records and preparing regular MIS reports.

• Coordinate with banks and financial institutions for transaction-related queries.

• Support month-end closing, audit requirements and financial reporting.

• Ensure proper documentation and adherence to internal financial controls.

Required Skills

• Good understanding of banking, lending, loan processing and accounting processes.

• Knowledge of Concurrent Audit / Internal Audit will be preferred.

• Strong analytical and numerical skills.

• Good working knowledge of MS Excel.

• Strong attention to detail and documentation skills.

• Ability to identify discrepancies and process deviations.

• Good communication and coordination skills.

Preferred Experience

Candidates with experience in Banks, NBFCs, Fintechs, Loan Processing, Credit Operations, Concurrent Audit, Internal Audit or Financial Services will be preferred.