Maker & Checker - Corporate Banking

2COMS

  • Chennai, Tamil Nadu
  • Rs. 9,00,000 per year
  • Permanent
  • Full-time
  • 2 days ago
Job Description :Maker:2-3 years of experience in / should have good knowledge SME (Business loans) / corporate lending documentationChecker:3-5 years of experience in / should have good knowledge SME (Business loans) / corporate lending documentationLead5-7 years in SME / corporate lending ( Bilat loans) with experience of managing the documentation team.Roles and Responsibilities:
  • Knowledge of collateral documentation
  • Ability to apply credit files and understand credit limit setting and monitoring
  • Ability to prepare documentation as per credit approval and structure including security documentation and checklist
  • Working experience under limit management and facility disbursement (including loans).
  • Should have experience in Facility offer letter and security document preparation.
  • Should have experience in vetting of borrowing and perfection of security document in line with credit approval
  • Ability to vet constitutional documents and ensure all customer documents are in good order and valid as per Bank requirement
  • Ability to apply knowledge of credit administration process in recommending change to policy and procedures
  • Understand systems and processes supporting credit administration activities
  • Knowledge of relevant laws and regulations governing credit administration activities
  • Knowledge of banking regulatory framework
  • Knowledge of banking products and services
  • Understand local market trends
RequirementsWe are looking for an experienced Maker to join our dynamic financial team. The ideal candidate will have a solid background in handling documentation for SME loans, business loans, and corporate lending. The role demands meticulous attention to detail, a strong grasp of compliance, and adherence to regulatory standards to ensure the accuracy and completeness of financial documentation.Key Responsibilities:
  • Documentation Review: Carefully review and verify all documentation related to SME loans, business loans, and corporate lending to ensure accuracy and compliance.
  • Loan Documentation: Prepare and process comprehensive loan documentation in accordance with company policies and regulatory requirements.
  • Compliance and Regulatory Standards: Ensure that all documentation meets current compliance and regulatory standards.
  • Quality Assurance: Identify, report, and rectify any discrepancies or inconsistencies in financial documentation.
  • Collaboration: Work closely with other departments, including underwriting, risk, and legal teams, to facilitate smooth documentation processes.
  • Process Improvement: Assist in developing and improving documentation processes to maintain high standards and efficiency.
  • Record Management: Maintain organized and secure records of all documentation activities for audit purposes.
Key Skills and Competencies:
  • Strong Knowledge: Expertise in SME loans, business loans, and corporate lending documentation.
  • Attention to Detail: High level of accuracy in reviewing and preparing documentation.
  • Regulatory Awareness: Up-to-date knowledge of compliance and regulatory standards in financial documentation.
  • Communication: Strong verbal and written communication skills for effective collaboration.
  • Proficiency: Adept at using MS Office applications, particularly Word and Excel.
  • Problem-Solving: Ability to identify issues and implement corrective actions efficiently.
Qualifications:
  • Bachelor’s degree in Finance, Business Administration, or a related field (preferred).
  • 2-3 years of relevant experience in loan documentation or financial documentation roles.

2COMS