Credit Operations Role - Pre-Disbursement - Wholesale Finance Group - NBFC

We are currently hiring for Credit Operations Analyst role - Wholesale Finance Group for a Leading NBFC, find below job specification for the same.

Client : Leading NBFC

Position: Credit Operations - Pre-Disbursement

Department : Wholesale financing

Qualification : B.Com / M.Com / MBA / CA / ICWA

Location : Mumbai, Bangalore

Desired Experience :

- Sound knowledge and understanding of wholesale financial service operations

- 3+ years of experience in investment management or credit operations

- Prior experience in handling aspects of audit, compliance, maintaining accounts would be preferred

- Well versed with Companies Act, 2013 and Secretarial Standards issued by ICSI would be preferred

- Strong understanding of investment lifecycle, assets and liabilities, credit operations

- Strong proficiency in MS Excel, experience with use of technology systems

- Ability to multi-task, work successfully under pressure, effectively manage time & workload

- Attention to detail, ownership of issues, determination to follow through with urgency

Responsibilities :

Transaction/deal docket preparation :

- Coordination with Investment Manager or company (counterparty) for KYC documents etc.

- Performing CIBIL checks, RBI and other caution lists, World Check etc.

- Pre-disbursement audit support

- Coordination with Investment Manager/ counterparty and Internal Audit to ensure compliance of Condition Precedents (CPs) and supporting pre-disbursement audits

- Compliance of CP checklist prior to disbursement and taking necessary approvals for deviation, if any

Document management :

- System upload of executable/executed transaction documents, project business plans, IC notes, term sheets, due diligence reports

- Ensuring the documentation is handed over to the trustee with adequate records in soft copy maintained internally

Pre-disbursement ops :

- Ensuring documentation of sanctioned facilities are done in compliance with the sanctioned terms

- Tracking deferrals/ overdue deferrals and following up for closure with company

- Coordinating with Security trustee for creation and perfection of all security interests including but not limited to hypothecation, mortgage, pledge etc.

- Coordination with Treasury function for maintaining approval TATs on pre-disbursement checklists, deviation notes, secretarial compliance etc.

Post-disbursement data management :

Follow-up with Investment Manager or Asset Manager for receipt of actuals (project sales MIS/costs/approvals) data from investee companies

Post-disbursement audit support:

- Coordination with Investment Manager/ investee company and Internal Audit on compliance of Condition Subsequents (CSs) (including flagging critical CSs to the Investment Manager and Asset Manager)

- Ensuring adherence to timelines for completion of post disbursement audit

- Coordination with treasury for subsequent post disbursement audits

- Loan account, disbursement and repayment schedule maintenance

- System data entry and maintenance of cash flow schedule & events (disbursement tranches, repayments)