Upgrade to Pro Member
AVP/VP - Product Lead - Portfolio Buyouts/Securitization - Bank (7-15 yrs)
Given below the position details with a Leading Bank :
Job Title - Product Lead - Portfolio Buyouts/Securitisation
Grade - AVP/VP
Place of Work - BKC Mumbai
Function - Securitised Products
Business Unit - Wholesale Banking
Reporting to - Head Business - Strategy and Portfolio Management
Skill Sets :
- Strong working knowledge of direct assignment & securitisation of retail loans (specially on 'buy' side)
- Strong financial modelling skills, including dissecting portfolio cuts, studying & interpreting static data / delinquency data etc
- Very good understanding of regulatory guidelines on (a) 'Transfer of Loan Exposures and Securitisation of Standard Assets' (b) Priority Sector Lending
- Basic understanding of retail assets products
- Good understanding of the prevalent structures / developments etc taking place in the securitisation market
- Candidate should have (a) An eye for detail (b) Excellent communication skills (c) Excellent drafting skills (d) Should be highly motivated and a good team player (e) Has an ability to 'think out of the box'
Roles & Responsibilities:
- Work closely with Relationship Managers to drive the growth of the securitisation portfolio (DA & PTC) and execution of DA & PTC transactions
- Active engagement with internal stakeholders (i.e. RMs / Credit Risk / Compliance / Operations / IT / Finance / Credit Admin etc) and external stakeholders (legal counsel, trustee, rating agency, audit firms etc) in respect of various aspects of the securitisation transaction
- Regularly monitor the performance of the existing securitisation exposures and highlight triggers to the Coverage team / clients, wherever necessary
- Timely resolution of the queries raised by internal audit, regulatory audit, other stakeholders etc
- Supervise the team managing the monthly payouts, so that all payouts of existing portfolio are being received on time and processed on a real time basis
- Working on improving the look/feel/functionalities of the Portfolio Dashboards
- Annual updation of the Product Note & SOP on DA & PTC
- Working with IT on specific projects / system enablements relating to the securitisation product
2-Step Verification - Action Required
We've updated our security procedures!
Your privacy and security are important to us. We've recently updated our security measures to make iimjobs.com safer and more secure for you. This change requires you to reset your password.
Please reset your password using the link sent to your email. If you did not receive any email, please check your spam folder..
