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YES BANK

Mumbai · On-site

Trainee

Full-time / ContractPosted 10 Jun
Salary
₹3–5 LPAEstimated — not stated by the employer.
Experience
0–1 yearsFreshers welcome
Eligible batches
2024 · 2025 · 2026
Degree
B.Com, BBA, Finance
Location
MumbaiOn-site

About the role

YES BANK is actively hiring motivated and detail-oriented individuals for the role of Trainee. This is a brilliant opportunity for Freshers (0 – 1 Years) holding a Bachelor’s degree in Finance, Commerce, or related fields to step into the fast-paced banking and credit operations sector in Mumbai (Santacruz Office).

Responsibilities

  • Credit Processing: Ensure credit sanction proposals are processed strictly in line with internal Bank policies and RBI guidelines.
  • Documentation Verification: Verify the accurate issuance of Facility Letters alongside all required documentation as per the Credit Approval Memo (CAM), ensuring compliance with credit conditions.
  • Quality Assurance: Perform thorough quality checks on system data against underlying documents like CAM, valuation reports, title search reports, RoC, CERSAI, and stock audit reports.
  • Disbursement & Exceptions: Monitor exception tracking systems and verify the processing of Disbursement Notices to guarantee NIL operational loss or revenue leakage.
  • Reconciliation: Conduct daily reconciliation of internal CASA accounts and General Ledger (GL) balances, identifying and resolving unmatched entries. Reconcile GST-related entries with the GL.
  • Financial Analysis: Analyze Stock Statements and Cash flows, computing Drawing Power (DP) for Fund Based facilities and updating the Core Banking System (CBS) accordingly.
  • MIS Maintenance: Maintain accurate MIS reports and conduct routine quality checks for the Corporate Administration Department’s portfolio.

Eligibility

  • Educational Background: Bachelor’s degree (preferably in Commerce, Finance, Business Administration, or related disciplines).
  • Experience Level: 0 to 1 years of experience. Freshers are highly encouraged to apply.
  • Core Competencies: Strong communication skills (both written and verbal), excellent analytical abilities with a keen eye for detail in financial reconciliation, basic understanding of banking terms, credit processing, GST, and General Ledger (GL) management.

Skills

CommunicationCredit processingReconciliationMis reportsData verification
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About YES BANK

One of India’s leading private sector banks

1001-5000 employees · HQ Mumbai, India

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