Caterpillar Hiring for Contract Administrator II at Bengaluru, Karnataka Full Time

Full Job Description
Career Area:
Finance

Job Description:
PRINCIPAL DUTIES AND RESPONSIBILITIES:
Receives requests from the credit area to prepare final financing documents. Assists in the preparation of complex documentation involving leases, vessel mortgages, and financing packages. Utilizes knowledge of financial transactions, state and federal personal and property tax, withholding tax, and lien documents. Verifies existing and enters additional contract information into the remote documents system prior to printing at the Caterpillar dealership, or in the office for distribution to the dealership. Maintains a follow-up system to ensure timely return of documents to CFSC and follows up with dealers and customers as needed. Reviews returned document packages for completeness and accuracy. If additional information or documents are needed, the incumbent communicates with the customer or dealer to obtain such information. Orders and tracks record searches. May track receipt of and proper filing of documents related to new business and renewals of previously booked business. May review searches for liens conflicting with our security position. May contact outside creditors to discuss the need to sign subordination and release documents. Verifies insurance coverage to complete the document file. If additional documents are needed, contacts the customer or dealer. Inputs transactions into the leasing system to prepare for funding. If the contract is out of balance, coordinates with the Credit Analyst for correction. Participates in accomplishment of continuous improvement objectives for the department. Progress toward accomplishment of these is measured through maintenance of necessary measurements and analysis of associated data. Participates in the identification of problem areas and development of resolutions to address them. Understands the Harassment policy of the company and is responsible for its application in all aspects of employment.

JOB REQUIREMENTS:
SKILLS, ABILITIES, AND KNOWLEDGE:
1. Knowledge of billing and invoicing procedures

2. Due diligence of KYC & Loan-related documents

3. understands the basic procedure of the loan cycle and systems used

4. have working knowledge of the finance market and how loan products work

5. Ability to apply effective oral, written, and listening communication skills with dealers, customers, company personnel, and the financial communities.

6. Knowledge of and the ability to apply data collection and analysis skills.

7. Relatively good knowledge of Excel, word & PowerPoint

8. Demonstrated ability to Maintain loan files and other documents

EDUCATION/EXPERIENCE: Bachelor of Commerce with a minimum of 2 years’ experience in an office environment is recommended.

DISCLAIMER: The preceding job description has been designed to describe the general nature and level of work being performed by people assigned to this job. It is not designed to contain or be interpreted as an exhaustive summary of all responsibilities, duties and effort required of employees assigned to this job. At the discretion of management, this description may be changed at anytime to address the evolving needs of the organization.

Caterpillar is an Equal Opportunity Employer (EEO).

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