Management Trainee - Commercial lending (Rolling Intake)

About Genpact

Genpact is a global professional services firm that makes business transformation real. Genpact works and supports businesses solves problems, and delivers ideas that help make significant and worthwhile modifications for their betterment. 

Your Role

In this role, you would be responsible for reading and interpreting loan agreements (approx. 200-300 pages) and summarizing the key information like loan pricing, fees charged, loan amount, etc., and then validating it with the business software to ensure 100% accuracy of the system.

Responsibilities:

• Read, comprehend, and interpret complex loan and security agreements (200 – 300 Pages), other legal documentation as required, and approval documents/memos.
• Review loan documents for accuracy compared to what was approved and resolve issues that arise.
• Review complex disbursement authorizations/funds flow, identify inconsistencies within the funds flow, and be aware of what forms of wire transfers ABL.
• Understand all aspects of fee accounting, Loan IQ fee types, and transactions and their impact
• Identify risks inherent in loan documentation/loan structure, and implement appropriate controls (e.g., quarterly interest, unusual amortization schedules)
• Identify appropriate team members within loan operations and other areas of ABL to affect the loan transaction and effectively coordinate and communicate with each deal team member as the transaction moves toward closing
• Analyze borrowing base components/structure and propose the ‘best’ borrowing base structure given the Loan IQ system environment for ease of ongoing monitoring.

Training  & development

• The company is committed to learning. Their learning ecosystems have been crafted to bring in best-in-class learning opportunities to provide employees with an individualized learning experience. From world-class training programs to learning opportunities for building competencies.
• The company encourages and empowers people to acquire new skills and receive learning opportunities and quality training while reinventing themselves to suit the changing needs of the world.

Benefits

In addition to competitive salary other benefits include:

• Soft skill training
• Insurance, Health & Wellness
• Financial & Retirement
• Family & Parenting
• Vacation & Time Off
• Professional Support

Career progression

Genpact is committed to enhancing the skills and competencies as well as the personal growth and development of its employees. Performance management is a critical area for Genpact, and they invest in planning each employee’s career and aligning his or her goals with larger organizational goals. When every goal an employee is appraised on is linked to a bigger organizational goal, accountability, and ownership are driven on the job every single day.

Work-life balance

Work days are usually from Monday to Friday with flexible work timings.  This role is considered flexible and will be a mix of working from the office and home depending on your preferences and the arrangements determined by your future manager.

Culture & vibe

The firm believes that it drives the change that is necessary to make a difference. It comprises diverse roles, offers, and people. It is a great place to learn and grow. The work environment is cordial and overall fulfilling.

About You

Minimum Qualifications

• Bachelor's degree in accounting/finance 
• Knowledge of the asset-based lending line of business, borrowing base concepts, and general knowledge of roles/responsibilities of syndications, origination, underwriting, portfolio, and field exams. Knowledge of loan documentation and willingness to gain a more in-depth understanding of legal documents and terminology. Knowledge of fee accounting. Knowledge of flood regulation.
• Effective communication and customer service skills both internally and externally focused and verbal and written, speak up and proactively notifies deal team members of updates. Ability to formulate open-ended questions in either verbal or written format.
• Knowledge of Loan IQ and Microsoft applications (Excel, Word PowerPoint)
• Open to work in a night shift

Preferred Qualifications

•  Knowledge of Loan IQ and Microsoft applications (Excel, Word PowerPoint)

How to apply

To apply for this role, just click on the "Apply on employer site" button below, which navigates to the career page where the application can be submitted directly.

The hiring process involves:

• Written Exam
• Group Discussion
• Genpact Interview Process

Source

The following sources were used in researching this page:

• genpact.com
• youtube.com