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    Job · 21247756

    MUMBAI · FULLTIME

    Team Member_WBG HO / IPO / CIP_0143_1504_1040567_HRR

    Kotak Mahindra Bank Ltd..

    Kotak Mahindra Bank Ltd..

    Mumbai · onsite · Posted 4d ago

    Sourced fromFoundit
    Not disclosedFresherfulltimeMumbai

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    Section · 01

    About this role

    Job Role:

    1PortfolioHandling ofspecified portfolio by providing services related to Legal Documentation and Credit Admin activities in CIIB. Working closely with the Cluster Manager to support for delivery of all actionables.
    2Sanction LetterIssuance of sanction letter as per the terms and conditions of Sanction.
    3Security documentationIssuance of security documents as per the terms of sanction.
    4Verification

    Verification of Constitutional documents (MOA, Partnership Deed, etc.), Authorisations (BR, Partnership, Letters, etc.) for availing facilities, creating security, execution of documents and scrutiny of executed documents to ensure proper execution.

    #Capability to check the original property documents submitted by the mortgagor at the time of mortgage creation in terms of Mortgage Deed / TSR

    5ROC / CERSAI related compliancesEnsuring registration of security charges in favour of the bank wherever applicable. Also removal of non-required charges if any
    6Document checking and limit loading

    Ensuring proper execution of documents / compliance with the terms and conditions of sanction and receipt of approvals fordeferrals in case of non-submission / discrepant documents.

    #Handling Limit Loading in Banks systems

    #Updation and Management of Security/Collateral

    7Security Creation / PerfectionCreation of security as approved and getting the security perfected in coordination with client / other banks.
    8Client Visits

    Visiting clients office for execution of documents wrt Credit facilities sanctioned.

    Attending consortium meetings for document execution.

    #Discussing with clients on negotiation in documents and seeking approval thereof.

    Meeting clients on regular intervals to understand their service issues with the bank and getting them resolved with coordination with internal stakeholders.

    9CustodianEnsuring proper care and safety of documents held in FRFC and complying with the laid down process / procedure for storage of documents.
    10Document TrackingTracking of documents for receipt deferral expiry etc through systems
    11Closure/tracking of deferrals

    Ensuring that deferrals are closed within timelines by arranging necessary documents/ approvals.

    Tracking deferrals for regularization with escalation to the concerned RM/Business under advice to Credit Approvers and monitoring expiry of documents.

    12Liaison With Business Teams, Legal Credit RMs CPC, Audit, Service Providers etc for timely and quality deliverables by resolution of issues/ answering queries
    13MISMaintaining necessary MIS for reporting purposes.
    14ProjectsEnsuring completion of projects allocated within the timeframe
    15AuditHandling of RBI/Internal/Statutory/Concurrent Audit requirements.
    16Limit closureHandling Closure of limits and release of securities and issuance of No Dues Certificate

    Job Requirements:

    • Relevant experience in handling legal documents / service relationship.
    • CA/MBA with 5-7 years of experience
    • Ability to Influence/relationship Management Skills.
    • Analytical and financial skills
    • Strong communication.
    • Eye For detail.

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    Section · 02

    Skills

    Document CheckingIssuance of No Dues CertificateVerification of Constitutional DocumentsSecurity DocumentationDocument TrackingLegal Documentation

    Section · Company

    About Kotak Mahindra Bank

    Kotak Mahindra Bank Ltd..

    Kotak Mahindra Bank Ltd..

    Banking

    60.4k+

    employees

    1985

    41 years old

    Mumbai, Maharashtra

    India

    ₹7.9L PA avg

    Avg at Kotak Mahindra Bank

    About

    From launching Kotak Mahindra Finance Ltd. in 1985 to becoming one of the country’s most trusted financial institutions today, it’s been quite a journey.

    Industries

    BankingFinancial Services

    Employee ratings

    0 reviews

    3.7/ 5

    Employees rate it well for

    Overall Company37Job Security36

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