- Managing Credit Monitoring Documents/information from clients & ensuring internal compliance.
- Drafting/Verification of Loan & security documents vis-à-vis related credit approvals/conditions.
- Verification of executed loan documents.
- Ensuring security perfection.
- Obtain Management approval for deviations in Loan & security documents.
Must have
- Obtaining Credit Monitoring Documents from clients viz. Covenant Compliance Certificates, Stock Statements, Insurance Policies, Stock Audit Reports, Valuation Reports, End Use Certificates, Due Diligence Reports and any other adhoc monitoring requirement.
- Coordinating with internal stakeholders & arranging internal approvals to take the credit monitoring documents on records.
- Due date control for obtaining Acknowledgement of debt in a timely manner.
- Drafting/Checking of loan & security documents (including sanction letters) in line with credit approval conditions.
- Verifying the executed loan and security documents.
Preferable
- Coordinating with client,
external legal counsel & internal stakeholders in finalizing execution version of documents in line with approved Term Sheet (for project finance & ECB deals)
- Negotiation of documents with clients.
- Coordinating with internal stakeholders viz. legal & credit admin team for release of execution version of documents.
- Obtain management approval for changes in standard loan and security documents
- Co-ordinate with Loan back office to ensure limit updation
- Maintain due dates for deferment of loan and security documents (including charge perfection).
- Broad understanding of consortium & security trustee arrangement.
- Knowledge of credit administration & monitoring function for corporate banking clients.
- Good communication skill (verbal & written)
- Valuable team player
- Awareness of Regulatory requirements for Lending transactions
- Around 5-7 years of experience in same or related role
- MBA (any stream), else Masters degree (in any stream)