Job Description

• Responsible for entire post sanction credit operations of the region.
• Accountable for credit documentation, security /charge creation, compliance of all covenant precedence, collateral management, and exception tracking.
• Checker and approving authority at regional level for release of credit facilities

• Responsible for entire post sanction credit operations of the region. Checker for all transactions and approving authority at regional level for release of credit facilities. Ensure that the Bank's policies /guidelines are adhered, and all regulatory guidelines are followed scrupulously.
• Responsible for maintenance of sanction register and periodic review of the same for ensuring TAT in disbursements. Liaise with internal stake holders for finalization of sanction letters, loan & security documents, arranging deviation approvals, deferrals, etc., if required. Also liaise with external legal counsel /Vendors /Lead Banks/Security Trustees, wherever required.
• Responsible for all pre-activation checks to ensure that conditions precedence is met, collaterals are in place, registration of charge with various authorities are completed, exceptions are tracked, and the borrower complies with all pre-release terms and conditions of sanction letter.
• Checker for data sheet prepared by portfolio manager and approving disbursements. Ensure security creation in all accounts as per sanction terms and registration of charges with various authorities within the timelines. Responsible for tracking pending security creation accounts and periodic review of the same. Liaise with RM /Lead Banks/ Legal Counsels/ Security Trustees, etc. and support BU in attaining security perfection.
• To ensure updation of tracker for all post disbursement/ deferred covenants and periodic review of the same to ensure data sanctity. Responsible for recovery of various charges/ fee booking as per sanction terms. Responsible for recovery of penal charges as per sanction terms. Responsible for registering bank’s interest with ROC, Cersai, SRO etc., Ensuring correctness of data updated in insurance policies by the team. Tracker to be maintained and circulated among BU periodically. Guiding regional team on day-to-day operational issues, up keeping of registers, records, etc.
• Handling various types of audits (both internal & external), responsible for timely closure of audit reports related to CAT.
  Support Head – CAT in various projects, coordinate with various internal & external stake holders for smooth implementation.
• Ensuring correctness of all MIS emanated from the unit. Circulation of MIS to various stake holders periodically

Qualifications: Graduate / Post Graduate with CAIIB/CCO

Experience: 10 to 15 years