AVP/DVP - Structured Finance - Mid Office

Position Title : AVP - DVP

Grade/Level : Mid

Department : Structured Finance

Location : Mumbai

Position reporting to : Associate Director

No. of Direct Reports : 5

Job Purpose :

Mid-Office facilities processing of Transaction as per approved terms & conditions. Ensure proper & timely client communication. Custodian of securities/collateral. Handles external as well internal communication with various stakeholders (Banks, Depositories, Trustee & other SBUs ). Co-ordinate with different auditors including Statutory and Regulators.

Key Responsibilities

Managerial Responsibilities:

- Ensuring proper grooming, learning & development of people

Functional Responsibilities :

- Processing of Transaction as per approved terms & conditions - Disbursements, interest servicing, repayments.

- Custodian of securities/collateral - understanding of legal loan documents

- Co-ordination with external as well as internal stakeholders

- Audit and compliance

- Client communications

- MIS dashboards

Qualifications : CA/Management Graduate

Experience : 8 -10 Years

Functional Competencies :

- Credit Mid Office

- Interpersonal skills, Good negotiator, Strong Process knowledge (Banking, Depository & Security)

- NBFC business & understanding of loan documents

Behavioral Competencies :

- Eye for detail

- Excellent execution skills

Key Interactions

Internal : SBUs - Resources, Ops, Depositories, Other internal stake holders

Nature or purpose of interaction: Ensuring end to end smooth flow & completion of transaction

External : Banks, Trustee, Depositories, Escrow Agents, Clients

Nature or purpose of interaction: As per client requirements - various parties/agent to transactions

Ritesh Danak