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.
Solid coordination and communication skills.
Attention to detail and ability to meet deadlines.