Job Description
Job Title: Trade and/or
Transaction Operator
Location: Bangalore
Note:
·
Open to consider fresher candidates (Yes/No): Yes with good
communication skill.
·
Experience range: 0 to 3 Years
·
Project duration: 8 months
·
Shift timings: 6:30 AM to 3:30 PM
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Work from Home at present (Yes/No): Based Company policy – as
of now 60% work from office
Description:
As a Document Trade Operator,
individual will ensure that (i) Drafting of Legal documents for Loan, Overdraft
and Trade Finance products which covers 15 various trade products (for Thailand
and Malaysia the Facility Letter is prepared manual) (ii) Coordination with
Business, Legal and Borrower for the negotiation of the documents (iii) Review
of the executed documents including the legality and confirming the
satisfaction of Conditions Precedent(iv) Setu the limit in Loan IQ & IDMS
and coordinate with Trade Finance and Loan servicing team for utilization of
the facilities(v) Manage Overdraft interest rate(vi) Regulatory reports to
respective country Finance team which will be directly submitted to Regulatory
Governing Institutions
Qualifications and Experience:
·
Bachelor’s Degree or Postgraduates with good academic records.
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Overall experience of at least 1-2 years in the Banking/Finance industry.
·
Good written and verbal communication skills – to be able to manage
relationships with Business.
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Bilateral and Syndicated Legal document knowledge are preferred skills.
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Excellent MS office Skills.
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Time Management and Analytical Skills.
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Proven ability to prioritize competing demands.
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General knowledge of Business Banking products.
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Ability to work in a deadline driven environment and tight Service Level
Agreements.
Responsibilities:
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Preparation of facility letters, amendment letters, supporting documents
such as board resolutions, checklists and security documents based on the legal
templates available and maintaining central customer database.
·
Preparing Trade documents for various trade products such as Bank
Guarantee, L/C, Invoice Financing, Bills Discounting, etc.
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Liaise with internal and external legal for deviation in standard
documentation.
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Managing the portfolio of corporate customers (MNC and LLC).
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Tracking of incomplete credit documentation including offer letters,
collateral and other supporting & Trade documents.
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Interact with Relationship Managers and support them for the timely
perfection of the documents and ensure the disbursal of the facilities.
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Due diligence of the executed documents, such as Agreements,
Constitutional documents, Collateral documents and other Guarantee/Support
documents.
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Limits and Interest updates for new facilities, changes, renewal and
cancellations.
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Managing collateral, arranging for periodic review, valuation of
collateral and tracking the expiry of the collateral.
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Periodic tracking of covenant testing, compliance certificate, stock
& book debts statements, insurance policy, etc.
·
Coordinating with Credit Risk Manager for necessary approval for limit
implementation, renewal of credit approval, due diligence of the documents,
noncompliance of covenants and deferral approvals.
·
Preparing MIS reports relating to credit documentation and collateral.
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