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Posted 18 June, 2026

Deputy Manager - Working Capital Operations

Kotak Mahindra Bank
Kanpur, UP, IN Full Time
Reference: a49fe40cba9f8cd6

Job Description

Experience in Working Capital Products / WC Operations\n\n•Verification of executed legal documents as per Documentation Grid released by the legal team from time to time & Sanction Letter / Term Sheet issued by the business / credit team.\n•Stamp Duty as per Legal Stamp Duty Grid is adhered too.\n•Limits & Collateral Maintenance.\n•CERSAI Maintenance. (Charge Creation & Release) Checker for Mortgage, Hypothecation & Intangible assets - basis terms of sanctions.\n•Updating of PSL for CCOD product basis the PSL template received from business along with TS / SL.\n•Insurance Policy Maintenance (basis terms of Sanction) - information to centralized insurance policy maintenance desk.\n•Preparation and releasing the Disbursement Advice to Loan Maintenance Team for disbursement of loans in LPS. (Wherever there is a term loan / WCDL facility at the time of limit setting), Limit loading Instructions (LLI) to Treasury team for treasury products & CMS team for CMS products.\n•Insertions (documents received post disbursement).\n•Deferral Closures (post receipt of requisite document from Business Unit against deferral obtained).\n•Tracking of post disbursement conditions related to Wholesale & Commercial operations in DRS as “pre-approved”.\n•Handover of Files (All documents except Title Deeds) & Dockets (Title Deeds – Property wise i.e.

for every property mortgaged separate docket is a must) including insertions to DMT for further action & receipt of acknowledgement in ET / Register (in case of non-ET transactions, if any).\n•Handover of PDC / SPDC’s to the Vendor on a weekly basis & receive acknowledgement.\n•Liaison with Auditors & Ensure no audit queries. MIS (Daily Reporting, Pending Status, Insertions).\n•Confirmation to DMT for Release of property & verification of the property documents before releasing to customer / RM / customer service.\n•Signatories for issuance of sanction letter are in accordance with the list of signatories provided by Business & Credit

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