Posted By
Posted in
Banking & Finance
Job Code
1321709
Responsibilities:
- Vetting of Sanction note and prepare sanction letter
- Preparing requisite documents based on sanction and appraisal note.
- Arrange for obtention of valuation report through empanelled valuers and legal opinion wherever necessary and scrutinize the same.
- In coordination with the respective RMs and branches arrange for execution of documents at branches.
- In coordination with the respective Business RM arrange for execution of documents at respective CBO Units.
- Prepare pre-disbursement note and obtain approval for disbursements from CBO/Head-Credit Delivery/CTMC/CTSU/MC Head. Any deviations would need to have specific approval of the sanctioning authority.
- Obtain and scrutinize the stock/receivable statement and arrive at the Drawing Power which should be updated in the system [All NTB Cases, Enhancement, Change in Margin or cover period, reduction].
- Updation of CERSAI Registration, ROC registration, SRO registration (whenever required)
- Populate/Update data such as insurance, ROC, CERSAI, Valuation, Collateral details etc. in Collateral Management in CBS.
- In respect of term loans and other facilities follow the extant guidelines/sanctioned terms for disbursement of advances.
- Ensure safe keeping of security documents/records/vouchers as per extant instructions in cases parked at respective CBO units.
- Obtain all required certifications/Legal opinion for all cases through distant handling mechanism.
- Follow up, update and ensure compliance for Pending security cases
- Trade Services (Domestic Bank Guarantees/Letter of Credit/Inland Bills) Delivery - Authorization of Disb Note/Checking of Limit/Sanction terms for all Credit Clients and forward to Trade Service desk @ HO for transaction processing.
- Compliance of Credit and Inspection Audit
- Undertake soft collections on irregular accounts with e-mail, letters, etc.
- Prepare and submit MIS and other reports as per extant guidelines
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Posted By
Posted in
Banking & Finance
Job Code
1321709