Operations Team Member-WBG OPERATIONS (OPS)-Trade Finance Operations

Kotak Mahindra Bank

  • Thane, Maharashtra
  • Permanent
  • Full-time
  • 6 days ago
Job Category: KMBLDegree Level: Bachelor's DegreeJob Description:Job Role  Verification of executed legal documents as per Documentation Grid released by the legal team from time to time & Sanction Letter / Term Sheet issued by the business / credit team.  Updating of PSL for CCOD product basis the PSL template received from business along with TS / SL.  Insurance Policy Maintenance (basis terms of Sanction) - information to centralized insurance policy maintenance desk.  Preparation and releasing the Disbursement Advice to Loan Maintenance Team for disbursement of loans in LPS. Limit loading Instructions (LLI) to Treasury team for treasury products & CMS team for CMS products.  Insertions (documents received post disbursement).  Deferral Closures (post receipt of requisite document from Business Unit against deferral obtained).  Tracking of post disbursement conditions related to Wholesale & Commercial operations in DRS as “pre-approved”.  Handover of Files (All documents except Title Deeds) & Dockets (Title Deeds - Property wise i.e. for every property mortgaged separate docket is a must) including insertions to DMT for further action & receipt of acknowledgement in ET / Register (in case of non-ET transactions, if any).  Liaison with Auditors & Ensure no audit queries. MIS (Daily Reporting, Pending Status, Insertions). Qualifications Post Graduate or MBA Finance Personality Traits  Ability to perform under pressure and stringent time lines.  Adaptable and open to get acquainted with changing business and operational environment.  Ability to build & develop the team while being part of it.

Kotak Mahindra Bank