CCMO- Credit Operations- Transaction
INTERNAL USAGE:
No. of Vacancies:Reports to:CCMO-TL-Credit Operations
Is a Team leaderBothTeam Size:
Grade:______
Business:WTODepartment:CCMOSub-Department:CMO - Credit Operations
Location:CO - Worli
About CCMO

- - AbouttheRole

CMO under CCMO operates various activities , one of them being Credit Operations for Broker Members

To execute various securities documentation as per the sanctioned credit facilities terms

Monitoring of various covenants of sanction terms

Disbursement of Fund Based and Non-Funds Based facilities

Preparation of various MIS for internal consumption

Recovery of Commercials

Key Responsibilities

- Preparation of draft Sanction Letters as per Credit Proposal sanctioned terms jointly with RMs
- Execution of Security Documents as per sanction terms and coordinating with Legal Team
- Tracking and fulfilling of post sanction covenants and publishing MIS for the same.




- Maintenance of Sanction limits - Both Fund Based and Non Fund Based Facilities
- Opening of Overdraft accounts under Fund Based Disbursement Activities
- Issuance of Bank Guarantees under Non-Fund Based Disbursement
- Creation of underlying securities for disbursement purposes of both fund Based and Non fund Based Facilities
- Meeting of the regulatory guidelines and internal guidelines while setting up Drawing Power and Security creation
- Ensuring that proper securities / collaterals are maintained at all time.
- Mapping and Tracking of Capital Market Exposure for Broker Clients
- Preparation and publishing of various MIS for internal consumption
- Providing Intra Day Facilities
- Recovery of Intraday Charges , Interest Servicing , BG Commission and Fees if any
- Resolving of various Audit Queries

Qualifications

- - - Role Proficiencies:

- - -

📌 WBO:CCMO-Credit Operations- Transaction (Mumbai)
🏢 Axis Bank
📍 Mumbai