Job Purpose
Job Purpose Description
Pre Disbursement Activities
Prepare and issue required letters like sanction letters, amendment letters, ROI based on credit decisions/ sanction note within given timelines
Provide standard legal and security documents to the Relationship Manager, depending on type of product and security within stipulated timelines
Verify and execute complex documentation in full compliance with the internal standards and external regulatory requirements
Scrutinize customer documents to check if in order. In case of discrepancies, share details with Relationship Manager to complete/ rectify the documentation.
Check facility legal & security documents executed by the customer and ensure pre-activation check points are completed
Track and update PDDs and OTC in the system/ excel for current/existing release of limits.
Ensure daily execution of documentation in full compliance with the internal standards and external regulatory requirements
Ensure timely preparation and issuance of required letters like sanction letters, amendment letters,
ROI based on credit decisions/ sanction note
Ensure standard legal and security documents are given to the Business team, depending on type of product and security within stipulated timelines
Ensure customer submitted documents are checked within the given timelines. In case of discrepancies, share details with Relationship Manager to complete/ rectify the documentation
Support in smooth resolution of complex documentation issues
Post Disbursement
Ensure follow ups of outstanding PDDs/OTC and look into escalation cases, where required
Ensure completion of all activities related to security perfection of assets - CERSAI
Ensure renewal tracking done by the team and ensure that renewal letters are prepared and issued within stipulated timelines Supervise the loan booking and servicing activities for their respective zones and ensure they are completed within the stipulated TAT
Ensure that o