Posted By
Posted in
Banking & Finance
Job Code
433858
We are currently hiring for Credit Operations Analyst role - Structured Finance Group for a Leading NBFC, find below job specification for the same.
Client : Leading NBFC
Position: Credit Operations - Pre-Disbursement
Department: Real estate wholesale financing
Qualification : B.Com / M.Com / MBA / CA / ICWA
Location: Bangalore
Desired Experience:
Sound knowledge of Real Estate domain and strong understanding of wholesale financial service operations
3+ years of experience in investment management or credit operations
Prior experience in handling aspects of audit, compliance, maintaining accounts would be preferred
Well versed with Companies Act, 2013 and Secretarial Standards issued by ICSI would be preferred
Strong understanding of investment lifecycle, assets and liabilities, credit operations
Strong proficiency in MS Excel, experience with use of technology systems
Ability to multi-task, work successfully under pressure, effectively manage time & workload
Attention to detail, ownership of issues, determination to follow through with urgency
Responsibilities:
Transaction/deal docket preparation:
Coordination with Investment Manager or company (counterparty) for KYC documents etc.
Performing CIBIL checks, RBI and other caution lists, World Check etc.
IT system data entry:
System data entry of company (counterparty) profile, project configuration, micro-market profile (secondary data on price and sales velocity trends, comparable projects and their sales and pricing information)
System data entry of project financial model data (prepared by the Investment Manager)
Pre-disbursement audit support
Coordination with Investment Manager/ counterparty and Internal Audit to ensure compliance of Condition Precedents (CPs) and supporting pre-disbursement audits
Compliance of CP checklist prior to disbursement and taking necessary approvals for deviation, if any
Document management:
System upload of executable/executed transaction documents, project business plans, IC notes, term sheets, due diligence reports
Ensuring the documentation is handed over to the trustee with adequate records in soft copy maintained internally
Pre-disbursement ops:
Ensuring documentation of sanctioned facilities are done in compliance with the sanctioned terms
Tracking deferrals/ overdue deferrals and following up for closure with company
Coordinating with Security trustee for creation and perfection of all security interests including but not limited to hypothecation, mortgage, pledge etc.
Coordination with Treasury function for maintaining approval TATs on pre-disbursement checklists, deviation notes, secretarial compliance etc.
Post-disbursement data management:
Follow-up with Investment Manager or Asset Manager for receipt of actuals (project sales MIS/costs/approvals) data from investee companies
Post-disbursement audit support:
Coordination with Investment Manager/ investee company and Internal Audit on compliance of Condition Subsequents (CSs) (including flagging critical CSs to the Investment Manager and Asset Manager)
Ensuring adherence to timelines for completion of post disbursement audit
Coordination with treasury for subsequent post disbursement audits
Loan account, disbursement and repayment schedule maintenance
System data entry and maintenance of cash flow schedule & events (disbursement tranches, repayments)
Salary offered: 10 - 12 LPA
Didn’t find the job appropriate? Report this Job
Posted By
Posted in
Banking & Finance
Job Code
433858