Manager - Debt Syndication - Bank

Brief Background of the job:

The Syndication Group is primarily responsible for syndicating the debt proposals being taken up by the Bank on underwriting /best effort basis by liasioning with various Banks /Financial Institutions. The Group takes up debt proposals on behalf of various Corporate Clients.

Further, the Group takes active role in down selling of existing assets in secondary market and also engages in balance sheet management of the bank by soliciting asset repurchase participation through Inter Bank Participation Certificate. The Group is also involved in facilitating CDR / CAP initiatives by coordinating with lenders, thereby ensuring smooth and timely implementation of corrective action plans.

The Syndication Group is the prime point of contact for various lenders and acts as the bridge between Bank and extended banking fraternity, pertaining to every aspect of Corporate Relationships.

Product Knowledge:

- Knowledge of Corporate Banking loan / debt products viz. working capital, project finance, term loans, structured finance, etc.

- Understanding of the end-to-end sanctioning process of various relationship lenders.

- Extant relevant regulatory framework of RBI.

- Industry sector specific knowledge is an added advantage as it aids in fruitful discussions with various stakeholders.

- Market intelligence of similar mandates run by other competing syndicators helps in appropriate pricing and stipulation of other terms.

Role/Responsibilities:

1. Finalisation of Information Memorandum to be circulated to prospective lenders;

2. Engaging prospective lenders with Information Memorandum and teasers, Submission of detailed proposals to banks/financial institutions as per prescribed formats and negotiating on the pricing / terms and conditions;

3. Assisting the prospective lenders in finalizing their respective internal appraisal notes;

4. Prompt follow-up and timely resolution of issues, queries, etc. related to proposals being syndicated at various levels of the prospective lenders, viz branches, Regional Office, Head Office;

5. Liasioning with various Banks/FIs across the hierarchies in order to ensure timely and smooth implementation of the mandates;

6. Ensuring timely and successful closure of debt tie-up / syndication exercise;

7. Effective coordination between various agencies involved in a transaction;

8. Establishing new relationships and deepening of existing relationships with Banks / financial institutions.

Monika