Office Associate - Banking Documentation And Compliance

Company Description

Handles end-to-end paperwork for loan transactions, including document collection, delivery, MODT cancellations, and collateral receipts. This non-litigation role ensures smooth execution of banking processes with banks, clients, and authorities.Key Responsibilities:- Collect borrower documents (KYC, title deeds, encumbrance certificates) and deliver complete sets to bank branches or regional offices for sanction and disbursement.- Attend Sub-Registrar offices to process MODT (Memorandum of Deposit of Title Deeds) cancellations, obtain stamped receipts, and clear mortgage/charge entries post-loan closure.- Issue and collect collateral receipts against loans, verify release of securities (deeds, pledges), and coordinate physical handover to borrowers after full repayment.- Track loan closure timelines, prepare checklists for document reconciliation, and liaise with banks for NOCs, no-dues certificates, and discharge entries.- Draft basic undertakings, affidavits, and closure letters; maintain digital/physical records of all executed/released documents with proper indexing.- Assist seniors in due diligence reviews and compliance checks for banking securities.Qualifications:- 0 to 2 years in banking documentation, law firm non-litigation, or bank legal teams.- Freshers with internships in finance/documentation.Required Skills:- Familiarity with banking documents (MODT, mortgage deeds, loan agreements, SARFAESI notices) and Tamil Nadu registration processes.- Strong organizational skills for multi-tasking document collection/delivery across clients and offices; attention to detail for error-free clearances.- Good communication for coordinating with banks, clients, and Sub-Registrars.- Proficiency in English and Tamil for local interactions.