DMI Finance - Assistant Manager - Operations - Loan Segment

This role is for error free Loan documentation/follow-up with clients for complying the terms of loan facilities/escalation of non-compliance of terms of sanction to management.

1. Loan Documentation :

- Check draft Loan Documentation and ensure error free signing for various types of facilities viz construction finance, loan against securities, non- real estate documentation by close co-ordination with clients and legal counsels.

- Documentation and allotment activities of Non-convertible Debentures (listed and un-listed) co-ordination with Debenture Trustees, clients and follow up of Conditions Subsequent for compliances.

- Pledge/ Release of shares, Dematerialization of shares.

- Two level check on draft documentation as provided by legal and sharing upfront the discrepancies for finalize the executable version.

- Obtaining KYC documents as per the Know Your Customer Norms and Anti-Money Laundering compliance.

2. Client documents:

- Ensure that the documents are signed by the client as per internal checklist.

- Review the signed documents and highlight discrepancies to the client.

- Follow up with RM/Portfolio managers for arranging pending documents to close the transaction.

- Ensure all the requirements as advised in legal checklist have been compiled and give final sign-off for the release of loan to the client.

3. Filing of Charge with regulators :

- Register/Modify and Satisfy (Closure) of charge with CERSAI.

- Register/Modify and Satisfy (Closure) of charge with MCA (CHG-1, CHG-9, CHG-4)

- Register/Modify and Satisfy (Closure) of charge with security trustee.

4. NOC Issuance (Real Estate) :

- Issuance of Provisional NOCs for units booked by the builder

- Issuance of Final NOCs for release of units sold by builder where money is received in escrow account.

- Issuance of conditional NOCs/No Dues Certificate for loan facilities paid off by the client.

5. Monthly escalation reports & other MIS :

- Extract report from internal system for items pending to be complied by the client/follow-up and update comments in the report. Escalate the report to respective relationship manager's (RMs)for their intervention, where required. Compile the RM comments and put up to management for their sign-off/extension of timelines for the customer to comply with the conditions.

- Filling for loans disbursed by the company during the month with NeSL(National E-Governance Services Limited)

- Escalate expired Insurances for all the collaterals to the RMs for their intervention wherever required.