Manager/Senior Manager - Operations - Wholesale & SME Business - NBFC

Role : Manager/ Sr Manager - Operations

Qualification : CA/ MBA Finance

Years of Experience : 5 to 7 Years

Job Responsibilities :

Must Have :

- Handling of all the post sanction activities for wholesale & SME business.

- Setting of SME & Alternate Investment Fund(AIF) processes from the operational front.

- Coordinate with clients, trustees and ensure compliance of KYC.

- Liasoning with business team, treasury and accounts to ensure compliance of KYC.

- Tracking of covenants as specified in the sanctioned terms prior and post disbursements and relevant policy terms.

- Manage transaction records in the loan management system

- Preparing payment schedule and tracking receipts of all interest & Principal payments as per schedule.

- Scrutinise executed documents received from the relationship team.

- Effectively handled audits (RBI, Internal & External) on security valuations & transaction documentations.

- Evaluate & Maintain MIS for the wholesale business (Master Cash Flows,DPD, Exposure MIS & Seel down tracker).

- Primarily handle debenture, bonds, facility agent, loan against shares/NDU arrangements & security trustee assignments.

- To create, hold & enforce the security for the investors/lenders.

- Ensure interest payouts as per schedule.

- Assess and keep a record of regulatory (SEBI & RBI) compliances.

- Working on recovery of funds & reconciliation of old assignments.

- MIS Updation within time frame.

- Vetting of documents in terms of sanction letters of Lenders, disclosure documents, SEBI norms along with coordinating with the lenders, lender's legal counsel (LLC) for finalization of the documents;

- Monitoring of security w.r.t maintenance of asset coverage, LAS transactions, etc;

- Enforcement of security vide action under SARFAESI Act, 2002, Intervention applications, Debt Recovery Tribunals, etc in case of NPAs, Event of Defaults, etc

- Managing SEBI Audit in respect of Debenture issue

- Monitoring compliance of SEBI and listing norms, conditions precedent (CPs) and conditions subsequent (CS), financial and legal covenants w.r.t borrowings of the companies;

- Reporting of non-compliance of SEBI, listing and borrowing norms, revision in ratings, non-payment of amount due to lenders, non-creation of security, etc and thereafter monitoring curing of the same;

- Conducting consortium meetings, debenture holders meeting under SEBI regulations and thereafter preparation and finalization of minutes for the same;

Good to have:

- Construe transaction structures and act as a liaison between the lender, arranger & borrower.

- Coordination with aligned branches and sales/Credit team for query resolution.

- Updating daily collection payment files.

- Vendor Billing

- Reconciliation of payment file.

- Document writing viz, Mortgage, Hypothecation, Pledge, Guarantee, Promoter's undertaking, etc;

- Preparing & Monitoring Report in the capacity as Monitoring Agent for IPOs and FPOs

- Computing buy-back price of Debentures based on FIMMDA structure;

- Conducting site visits and preparing and issuing site inspection report thereafter.