The primary responsibility of the incumbent would be to lead end to end smooth processing of post sanction activities in line with compliance of statutory norms/ internal norms/ policies. Coordinate with various auditors & be proactive in resolving audit queries.
The incumbent will be responsible for leading the processing of post sanction activities, ensuring compliance with statutory and internal norms, and coordinating with auditors.
Responsibilities
- Document Execution and Security perfection
- Ensuring compliance of Pre-disbursement conditions and execution of documents.
- Ensure that appropriate stamp duty has been collected as per respective State's Stamp Act guidelines.
- Ensuring seamless coordination with the client by clarifying their concerns and execution of the FL and relevant legal documents by the team of Processors.
- To act as interface between Business teams and Clients for legal documentation matters.
- Spearhead the CAD team for all client interaction matters with respect to legal documentation execution.
- Ensure that disbursement is processed within agreed TAT by achieving FTR.
- Promote digital execution of the documents amongst internal stakeholders and persuading Clients/Business to go for digital execution and reconciliation of stamp duty on daily basis thereof.
- Ensuring coordination with other Banks/Clients for issuance of reciprocal Paripassu letters and extension of mortgages before the Security creation due date.
- Coordinate with empaneled CS firm for filing/modification of charge through CHG1/satisfaction of charge through CHG4.
- Ensuring timely security perfection and monitoring of pending securities.
- Ensuring Mortgage creation by team, by coordinating with Client, Mortgage desk team, SRO and Branch banking team.
- Ensuring implementation of systemic and manual critical processes.
- Portfolio Monitoring and Compliance
- To maintain high quality standards of documentation /Process hygiene, exception management, client communication, process compliance on ongoing basis with other sibling CAD units.
- Team Management
- Managing the team and planning and setting goals for the team at the beginning of the Year.
- Supporting Front office processors with regular training and development activities.
- Monitoring and tracking team productivity on regular basis to ensure that objectives are met on continual basis, resulting in excellency in Service standards.
- Ensure to keep high morale of the team by motivating on regular basis.
- Ensure to keep the attrition in the team at NIL/negligible level.
- People Management or Self-Management Responsibilities
- Defines performance goals at the start of the year in discussion with the reporting Unit Manager/Regional Head and ensures that the goals are monitored and achieved during the year.
- Takes ownership of his/her own learning agenda by identifying development needs in consultation with the Unit Manager/Regional Head and working towards bridging the gaps through various means which go beyond just training.
- Understands the competencies relevant to his/her role and works towards displaying as well as developing these effectively.
- Keeping abreast of relevant professional/industry developments, new techniques and current issues through continued education and professional networks.
- Risk and Internal Control Responsibilities
- Follows guidelines and executes accordingly to mitigate the operational, regulatory, financial, informational, reputational and audit risks as instructed by the Unit Manager.
- Complies the established internal control systems and compiles relevant information for RCSA/ISO/IA/CMU audits, as necessary.
- Encouraging self and the team to participate in BCP for successful completion.
Qualifications
- Years of Experience: 5-8 years (for Senior Processor)
- Nature of Experience: Expert on Credit Administration parameters/ Experience as Service RM in SME/Corporate Banking/Experience as RM in SME Sector of any Bank.
- Knowledge on regulatory matters such as RBI/MCA guidelines.
- Experience in internal and external stakeholder management and maintain good office with the stakeholders.
