Business Function:
Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.
Job Purpose
The position is there to provide documentation related support (including Mortgage) to Mid – Large Corporate Business RMs to ensure timely and accurate Credit Facility and Security related documentation as well as support post-disbursement activities.
Key Accountabilities
- Preparation of Offer Letter (OL), facility documents and security documents.
- Checking up of filled documents.
- Initiating and follow up with Legal and Valuation agencies for timely submission of reports.
- Scrutinize the Reports for any negative comment / indicator and communicate the same with RM / Credit.
- Perform miscellaneous activities related to disbursement depending on the product.
- To liaise with RMs and customers for various post-disbursement documents/exception tracking.
To process and input data for timely vendor bill payments.
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Job Duties & Responsibilities
- Prepare Offer Letter, Facility and Security related documents, in accordance to approved credit and business terms, based on the standard documentation formats released by Legal team from time to time
- Check (for document prepared by another team-member) documents before releasing for execution
- For non-standard documentation, liaise with external lawyer and internal parties to finalise the documentation
- Drive security perfection on time manner and in case security could not be perfected in time, seek internal approval for extension of due date
- Liaise with empanelled vendors for initiation for Title Search, Valuation, ROC Search, Legal Audit etc., and follow up for timely reporting
- Scrutinize Title Search, Valuation, ROC Search, Legal Audit reports etc. for negative comments / trigger and highlight the same to internal stakeholders
- Support new empanelment as applicable for the portfolio
- Vendor management
- Drive documentation related hygiene for the portfolio
- Timely initiation and closure of periodical Valuation / Title Search / Collateral Audit/Plant visit / Legal Audit as per Bank process
- Contribute as well as take part in improvement / enhancement of activities for the portfolio / group
Required Experience
- Preferable expert experience of 8 - 10 years in similar role (for mid / large corporate asset) in Credit Mid office / Credit Control / Loan Servicing / Credit Administration / Credit Documentation / Client Servicing with other Bank / NBFC / Financial Institution.
- Good working knowledge of Corporate and Commercial Laws as applicable in India for Credit Documentation
Education / Preferred Qualifications
- The job holder needs to be at least graduate with good working knowledge of Corporate and Commercial Laws as applicable for Credit Documentation in India.
- Any additional relevant qualification will be added advantage but not mandatory for candidate with relevant knowledge and experience
Basic knowledge of MS Office Word and Excel
Core Competencies
- Expert job knowledge of documentation and various corporate bank products and needs to know as to what is expected from him/her.
- Good working knowledge of Corporate and Commercial Laws as applicable in India for Credit Documentation
- Ability to ensure time bound delivery with compliance with all internal and external compliances
Ability to identify pain points, highlight the same with possible solution and drive for permanent fix
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Soft Skillset:
- Organized and self-motivated to meet the turnaround time and manage work volume
- Ability to work with various internal and external Teams for smooth timebound delivery with FUN!
- Eagerness to learn and contribute
- Proactive: To understand the system implementations and grasp the changes faster.
Communication Skills: The job holder needs to have effective verbal and written communication skills as required for effective discharge of the responsibilities
Technical Competencies
The job holder needs to have the good working knowledge MS Office Word and Excel). Should be able to adapt to new systems and processes.
Work Relationships
Internal: Relationship Managers, Regional Head, Credit, Compliance, Credit Control Unit, Operations team, Other Teams within IBG COO
External: Empanelled lawyer, Valuers, other Vendors, Customers, other Banks, External Lawyers.
DBS India - Culture & behaviors :
DBS is committed to building a culture where all employees are valued, respected and their opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working, and opportunities to grow within an inclusive and diverse environment. Expected value driven behaviors are:
- Demonstrate Business Performance through PRIDE 2.0 Value Based Propositions
- Ensure Customer Focus by Delighting Customers & Reduce Complaints
- Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation
- Enhance Self Knowledge, Skills and develop Competencies aimed at continuous improvement.
- Maintain the Highest Standards of Honesty and Integri
Location:
Chennai-DBIL
Job:
COO Office/Business Mgt & Support
Schedule:
Regular
Employee Status:
Full time
