Specialist - Monitoring & Reporting - Bank

Specialist Monitoring and Reporting

Key Accountabilities (List the expected end results or KPIs that the incumbent is expected to achieve for this job. Do not list more than 5) :

1. Ensuring that documents reflect the credit conditions, by appropriately incorporating the relevant clauses in the documentation.

2. Ensuring accuracies and appropriateness of documents for corporate clients by liaising with Credit, BU, Legal and external Vendors.

3. Tracking of covenants, monitoring conditions, security creation etc. and highlighting the gaps / exception, if any, to all stake holders on a frequent basis.

4. Ensuring smooth flow of documentation and putting in place the adequate controls around checking and storing of documents/security papers including that for property related documents

5. Ensuring that the processes remain in line with the process manual and deviations, if any are appropriately recorded.

6. Ensuring that draft documents of Bank are relevant and in line with the latest laws/compliance and apparent gaps, if any, needs to be highlighted to legal and compliance team so that corrective steps can be taken

7. Liaising with RM / BU, HO, Credit etc. and maintain smooth flow of work.

8. Liaising with in house and external legal for drafting of non-standard docs

9. Maintaining effective custody of documentations and timely periodical verifications of security/transaction documents.

10. Monitoring of adequacy of collaterals

11. Ensuring no audit comments or no process gaps identified by internal/external auditors

12. Managing reporting and MIS (Statutory, Internal, Concurrent, Regulatory etc.)

13. Knowledge of regulatory requirements and ensure that Bank remains compliant with the same, w.r.t. documents/limit/Regulatory Reporting /MIS related functions.

Job Duties & responsibilities (List the principal duties of the incumbent. Use concise statements that provide a clear understanding of the level of responsibility, complexity, creativity and analysis performed in this position.) :

1. Vetting of offer letters and security documents

2. Follow up of Pre and Post monitoring items

3. Liaising with in house and external legal for drafting of non standard docs

4. Managing customer's expectation, both internal and external

5. Ensuring adequacies of process and controls

6. Robust control on Documents management and its safe keeping at IBU (IFSC Business Units).

Experience (Indicate nature and extent of work experience including number of years required, if applicable.) :

- The job holder should have requisite skills in terms of understanding the various products offered by the bank to corporate clients and legal and compliance related aspect on such documentations.

- He / She should have managed such job for at least 8-9 years in credit administration and preferably in foreign banks.

Education / Preferred Qualifications (List the minimum and preferred qualifications required to perform all essential functions, including field of study) :

- The job holder needs to be at least a graduate or post graduate in the Commerce stream.

- Degree in Law or Post Graduation in Finance may have an added advantage.

Core Competencies (Specify core competencies required in order to perform job role and indicate level of proficiency.):

The job holder needs to posses the following skills :

Job Knowledge : The job holder needs to have thorough job knowledge and needs to know as to what is expected from him/her in terms of documentation aspect.

Organizing Skills : The job holder needs to be organized and should able to meet conflicting deadlines.

Proactive : To understand the system implementations and grasp the changes happening in terms of legal and compliance related aspect.

Communication Skills : The job holder needs to have effective verbal as well as written communication skills.

Interpersonal Skills : The job holder needs to liaise with various stake holding including but not limited to BU, Legal, External Vendors, Customers etc.

Technical Competencies (Discuss with your manager and list the technical knowledge and skills required for this position. Indicate level of proficiency for each competency.) :

- The job holder needs to have the basic computer skills and should be well versed with documentation.

- Should well aquatint with RBI as well as ECB norms for offshore lending.

- He should also be aware of core system of the Bank

Work Relationship (State the essential working relationships with superiors, peers and subordinates as well as external parties which will contribute directly to the successful accomplishment of this job.)

To work with :

Internal : Head Credit and other business managers, HR and Audit team

External : Credit Admin HO, Regulators, Legal Counsels etc.