To act as a Security Trustee, and a dedicated focus on safeguarding the interests of lenders and borrowers in financial transactions.
Liaising with lenders, borrowers, legal Counsels and other relevant parties.
Issuance of the Engagement Letter to the borrower.
Vetting of transaction documents like loan agreements, Security Trustee Agreement, security documents etc. and verifying title reports.
Ensuring all necessary corporate resolutions and regulatory approvals are obtained before creating security.
Ensuring proper registration of charges (security interests) with relevant authorities like ROC, CERSAI, NeSL etc.
Ensuring adherence to relevant laws, regulations, and contractual agreements related to security and lending
Preparing and providing confirmation letters to lenders on receipt of original documents for audit and other purposes.
Maintaining accurate records of all security-related and transactions related documents in custody as well as in our internal ERP Software.
Ensuring adherence to relevant laws, regulations, and contractual agreements related to security and lending
Monitoring the business functioning of the borrowers and reporting any potential issues to lenders.
Releasing security upon loan satisfaction, ensuring proper documentation and approvals from Lenders.
Adhering to Companys internal policies and SOPs related to security trustee servicesRole & responsibilities