We are looking for a detail-oriented Loan Documentation Executive to manage the preparation, verification, tracking and maintenance of loan facility and security-related documents. The candidate should have knowledge of banking operations, loan documentation and post-sanction processes.
Key Responsibilities:
- Prepare draft facility documents, including:
- Demand Promissory Notes (DPN)
- Letter of Continuity
- Commercial Letter of Credit Agreements
- Letter of Set-off and Lien
- Deed of Hypothecation
- Buyers Credit Undertaking Agreements
- Personal and Corporate Guarantees
- Working Capital Facility Agreements.
- Coordinate the release and execution of facility and security documents.
- Maintain and monitor stamp paper records and ensure compliance with stamp duty requirements.
- Track security-related documents, including Form 8/CHG-1, Pari Passu Letters, No Dues Certificates and other security creation documents.
- Monitor insurance policy trackers for current assets, movable assets and immovable assets offered as security by borrowers.
- Verify insurance policies,
ROC search reports and valuation reports and update the master tracker.
- Receive and scrutinise facility and security documents, perform preliminary checks and prepare documentation checklists.
- Maintain customer-wise documentation files and ensure proper record management.
- Assist in preparing and updating monthly exception reports and daily deferral MIS for pending documentation.
- Coordinate with senior management and business teams for timely completion of pending documentation.
- Update MIS related to plant visits, collateral audits, valuation reports, stock audit reports, multiple banking information and ROC searches.
Required Skills:
- Knowledge of loan and security documentation.
- Understanding of post-sanction banking operations.
- Positive MS Excel and MIS reporting skills.
- Documentation verification and record management.
- Strong coordination and communication skills.
- Attention to detail and ability to meet deadlines.