AVP-Loan Documentation

Responsibilities

• Drafting/Verification of loan & security documents in line with credit approved conditions.
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• Negotiation of documents with clients.
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• Obtain management/internal approvals for deviations in standard loan and security documents.
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• Coordinating with client/external legal counsel/Security Trustee & internal stakeholders (mainly with Legal & Credit Admin. Team) in finalizing execution version of documents in line with approved Term Sheet. Understanding of consortium & security trustee arrangement is must.
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• Verifying the executed loan and security documents.
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• Co-ordinate with Credit Admin. team to ensure limit updation.
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• Ensure closure of document deferrals & security perfection within allotted time.
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• Obtaining Acknowledgement of Debt & various Credit Monitoring docs. viz. stock statement, insurance, stock audit report, end use certificate, due diligence report etc. in a timely manner.
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• Ensuring renewal of credit facilities & security support docs. viz. Corporate Guarantees, SBLCs etc. before due date.
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• Assist in data requirements for RBI inspection / statutory audit / internal audit.
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Knowledge, Skills, Experience & Qualifications

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• Knowledge of credit administration & monitoring function for corporate banking clients. Documentation knowledge of MNC clients is preferable.
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• Good communication skill (verbal & written).
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• Good team player.
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• Experience in handling project finance documents.
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• Experience of independently negotiating documents with clients.
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• Awareness of Regulatory requirements for Lending transactions.
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• Experience in handling stressed assets/cases is preferable.
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• Around 8-10 years of experience in same or related role.
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• LLB (General) preferable, else CA/CS/MBA