Product Manager - ESCROW

Department-Transaction Banking Group

Location-Mumbai

Number of Positions-One

Reporting Relationship-Escrow/Dividend Product Head-AVP

Position Grade-Manager/Senior Manager

Job Role:

- This unit provides transaction management services for escrow account management related to Capital Market offerings like open offer, NCD collections, bond issues, structured transactions,IPO,security trustee transactions,international M&A transactions, real estate offering, dividend offering for corporates etc.

- The business requires deal structuring skills and excellent market knowledge and regulatory awareness. Deals tend to be complex and require liaison with subject matter experts such as lawyers and investment bankers. This business requires excellent management of operating risks, understanding of regulatory nuances and managing of client relationships.

Job Requirements:

- Taking over the transaction once the sales team has won the mandate and assist the team in formulating transaction pricing to ensure revenue is commensurate with risks and administrative efforts

- Structuring transactions on a case by case requirement

- Vetting, negotiating with clients, legal counsels on documentation and facilitate transaction closings

- Ensure that regulatory, tax and legal related issues are complied with

- Liaising with legal and compliance to ensure successful closure

- Liaising directly with the client and their legal counsels

- Develop administrative and operational procedures to ensure their compliance with KMBL policies & procedures

- Liaise with operations team to ensure seamless deal execution and ongoing administration

- Manage client relationships

Job Skills:

- Highly self-motivated with excellent analytical skills. Should have a decent exposure in handling MS Excel functions.

- Understanding of regulatory circulars and its impact on transactions.

- Able to respond quickly to critical business needs and priorities while managing multiple tasks

- High attention to detail and accuracy with the ability to work under pressure to meet tight deadlines

- Ability to understand risks in transaction structure and think laterally to build suitable mitigants

- Ability to weigh risk and return and take appropriate commercial decisions.

- Excellent communication, negotiation, planning and motivational skills.

Contact - vaibhav@budh.in