Senior Associate, Transaction Execution Team, Corporate Banking

Job Description

Job Purpose The purpose is to handle facility documentation, disbursement, security closure and handling day-to-day transaction. Key Accountabilities Handling credit documentation, disbursement, security closure and handling day-to-day transaction. Negotiation with client, along with RM, with respect to documents inline with Banks policies and guidelines. Maximize the no. of Security Completion during the year Ensure NIL audit comments on the transactions supported and portfolio handled. Ensure to follow all internal and external policies and procedures, law, rules and regulations at all time. Job Duties responsibilities Preparation of Offer letters (OL) and ensure timely release of OL along with other documents for all NTB and enhancement cases as per request from RMs. *Preparation of renewal OL wherever required and timely release of the same. Due extension to be taken to ensure NIL overdue at month end. *Getting the facility and security documents executed in accordance with the approved credit memo and liaise with internal and external stakeholders to get the security creation completed within approved timelines. Negotiation with client, along with RM, with respect to documents inline with Banks policies and guidelines. Seek various approval from CCG, LC and BU and ensure that all Banks risk are adequately protected. Clearance of documents from CCU. Execution of documents by customer. Clearing all pendency before limit loading *Ensure no delays in transactions and transactions are executed as per TAT communicated to the clients. With RM consent, limit to be activated through CCU within stipulated timelines. *Ensure security is created within original sanctioned timeline. For perfection of security TE Team member to get the documents vetted by internal/external legal and CCU at the earliest possible and ensure query resolution within a time bound manner. Liaise with Borrower, Trustee, Other Banks and relevant external as well as internal stakeholders to facilitate the completion of security. Ensure that security deferrals are highlighted in advance to respective RMs and due extension if required are taken timely so that at any month end CCU report there is no unapproved overdue security Deferral. *Facilitate Onshore and Offshore loans disbursement and subsequent remittances. *Liaising with HO for offshore limit operations. For all offshore transactions, approvals and earmarking of limits to be obtained from RM well in advance prior to transaction. Ensure timely vetting of transaction docs by TO and branch ops Follow-up with RM, GTS and customer for resolution of queries and disbursement. *In case of Syndicated Loans liaising with Facility Agent in consultation with RMs *Ensure no delays in transactions and transactions are executed as per TAT communicated to the clients. *Preparation of Fee Forms as per RMs instruction and getting the same processed. *Liaising with Vendors i.e. CA, Lawyers, Valuers etc. for various reports *Facilitating Vendor payments Required Experience The candidate should have similar experience as per the above JD and 10 to 15 years of experience in the same field is preferred. Education / Preferred Qualifications Completion of Under Graduate and Post Graduate is preferred. Core Competencies Good Communication skills Good understanding on clause in the facility agreements Good negotiation skills on the clause in the facility agreements Effective management of the portfolio being handled by him/her. Should be able to complete the task swiftly and handle pressure Technical Competencies Good skills in MS Office is preferred. Work Relationship Should be a team player Should maintain good relation with all internal stake holders. DBS India - Culture Behaviors Drive Performance Through Value Based Propositions Ensure Customer Focus by Delighting Customers Reduce Complaints Build Pride and Passion to Protect, Maintain and Enhance DBS Reputation Enhance Knowledge Base, Build Skill Sets Develop Competencies Invest in Team Building Motivation through Ideation Innovation Execute at Speed While Maintaining Error Free Operations Develop a Passion for Performance to Grow Talent Pool Maintain the Highest Standards of Honesty and In