Handling of all the post sanction activities for wholesale & SME business.
Setting of SME & Alternate Investment Fund(AIF) processes from the operational front.
Coordinate with clients, trustees and ensure compliance of KYC.
Liasoning with business team, treasury and accounts to ensure compliance of KYC.
Tracking of covenants as specified in the sanctioned terms prior and post disbursements and relevant policy terms.
Manage transaction records in the loan management system
Preparing payment schedule and tracking receipts of all interest & Principal payments as per schedule.
Scrutinise executed documents received from the relationship team.
Effectively handled audits (RBI, Internal & External) on security valuations & transaction documentations.
Evaluate & Maintain MIS for the wholesale business (Master Cash Flows ,DPD, Exposure MIS & Seel down tracker).
Primarily handle debenture, bonds, facility agent, loan against shares/NDU arrangements & security trustee assignments.
To create, hold & enforce the security for the investors/lenders.
Ensure interest payouts as per schedule.
Assess and keep a record of regulatory (SEBI & RBI) compliances.
Working on recovery of funds & reconciliation of old assignments.
MIS Updation within time frame.
Vetting of documents in terms of
sanction letters of Lenders,
SEBI norms along with coordinating with the lenders,
lenders legal counsel (LLC) for finalization of the documents;
Monitoring of security w.r.t maintenance of asset coverage, LAS transactions, etc;
Enforcement of security vide action under SARFAESI Act, 2002, Intervention applications, Debt Recovery Tribunals, etc in case of NPAs, Event of Defaults, etc
Managing SEBI Audit in respect of Debenture issue
Monitoring compliance of SEBI and listing norms, conditions precedent (CPs) and conditions subsequent (CS), financial and legal covenants w.r.t borrowings of the companies;
Reporting of non-compliance of SEBI, listing and borrowing norms, revision in ratings, non-payment of amount due to lenders, non-creation of security, etc and thereafter monitoring curing of the same;
Conducting consortium meetings, debenture holders meeting under SEBI regulations and thereafter preparation and finalization of minutes for the same;
Good to have:
Construe transaction structures and act as a liaison between the lender, arranger & borrower.
Coordination with aligned branches and sales/Credit team for query resolution.
Updating daily collection payment files.
Reconciliation of payment file.
Document writing viz, Mortgage, Hypothecation, Pledge, Guarantee, Promoters undertaking, etc;
Preparing & Monitoring Report in the capacity as Monitoring Agent for IPOs and FPOs
Computing buy-back price of Debentures based on FIMMDA structure;
Conducting site visits and preparing and issuing site inspection report thereafter.
From big transnational corporations to fast growing SME's to fledgling start-ups... every corporate body is looking for top talent. All of these are keenly aware that the only real competitive advantage they can have and build in today's flat world is the "human capital".
We are servicing this need for many national and international clients across various domains. We have been helping find a large number of our clients quite a few leaders, functional experts as also emerging precocious talent since 1997.
We credit all our success to three things; customer centric work systems, unflinching belief in our corporate values and our synergy enhancing team. We see repeat business and referral as the operative driver of customer feedback.
For more details on us visit www.vitasta.com Read full description