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Kotak Mahindra Bank
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Operations Team Member

Operations Team Member

Kotak Mahindra Bank

1 - 4 years

3 - 4 Lacs

mumbai

Posted:1 week ago| Platform:

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Skills Required

mis reporting auditor compliance wholesale banking commercial operations cms legal documentation management operations auditing

Work Mode

Work from Office

Job Type

Full Time

Job Description

Verify executed legal documents as per the Documentation Grid and Sanction Letter/Term Sheet
Ensure adherence to Stamp Duty norms as per the Legal Stamp Duty Grid
Maintain limits and collateral records accurately
Perform CERSAI maintece including charge creation and release for various asset types
Update PSL for CCOD products based on templates received from business
Coordinate insurance policy maintece as per sanction terms with the centralized desk
Prepare and release Disbursement Advice to Loan Maintece Team for loan disbursements
Issue Limit Loading Instructions (LLI) to Treasury and CMS teams for respective products
Manage insertions of documents received post-disbursement
Close deferrals upon receipt of requisite documents from Business Units
Track post-disbursement conditions in DRS marked as pre-approved
Handover files and dockets to DMT and obtain acknowledgements
Weekly handover of PDC/SPDCs to vendors and collect acknowledgements
Liaise with auditors and ensure resolution of audit queries
Generate and maintain MIS reports including daily reporting, pending status, and insertions
Confirm release of property and verify documents before handing over to stakeholders
Ensure sanction letters are signed by authorized signatories as per business/credit list

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Operations Team Member