Manager / Sr. Manager Operations 76 views

Vitasta Consulting Private Limited

Keywords / Skills : MIS

 Other India

5 – 7 years

Job Description

Qualification: CA / MBA Finance

Experience: 5 to 7 years

Must Have:

  • Handling of all the post sanction activities for wholesale & SME business.
  • Setting of SME & Alternate Investment Fund(AIF) processes from the operational front.
  • Coordinate with clients, trustees and ensure compliance of KYC.
  • Liasoning with business team, treasury and accounts to ensure compliance of KYC.
  • Tracking of covenants as specified in the sanctioned terms prior and post disbursements and relevant policy terms.
  • Manage transaction records in the loan management system
  • Preparing payment schedule and tracking receipts of all interest & Principal payments as per schedule.
  • Scrutinise executed documents received from the relationship team.
  • Effectively handled audits (RBI, Internal & External) on security valuations & transaction documentations.
  • Evaluate & Maintain MIS for the wholesale business (Master Cash Flows,DPD, Exposure MIS & Seel down tracker).
  • Primarily handle debenture, bonds, facility agent, loan against shares/NDU arrangements & security trustee assignments.
  • To create, hold & enforce the security for the investors/lenders.
  • Ensure interest payouts as per schedule.
  • Assess and keep a record of regulatory (SEBI & RBI) compliances.
  • Working on recovery of funds & reconciliation of old assignments.
  • MIS Updation within time frame.
  • Vetting of documents in terms of

? sanction letters of Lenders,
? disclosure documents,
? SEBI norms along with coordinating with the lenders,
? lender’s legal counsel (LLC) for finalization of the documents;

  • Monitoring of security w.r.t maintenance of asset coverage, LAS transactions, etc;
  • Enforcement of security vide action under SARFAESI Act, 2002, Intervention applications, Debt Recovery Tribunals, etc in case of NPAs, Event of Defaults, etc
  • Managing SEBI Audit in respect of Debenture issue
  • Monitoring compliance of SEBI and listing norms, conditions precedent (CPs) and conditions subsequent (CS), financial and legal covenants w.r.t borrowings of the companies;
  • Reporting of non-compliance of SEBI, listing and borrowing norms, revision in ratings, non-payment of amount due to lenders, non-creation of security, etc and thereafter monitoring curing of the same;
  • Conducting consortium meetings, debenture holders meeting under SEBI regulations and thereafter preparation and finalization of minutes for the same;

Good to have:

  • Construe transaction structures and act as a liaison between the lender, arranger & borrower.
  • Coordination with aligned branches and sales/Credit team for query resolution.
  • Updating daily collection payment files.
  • Vendor Billing
  • Reconciliation of payment file.
  • Document writing viz, Mortgage, Hypothecation, Pledge, Guarantee, Promoter’s undertaking, etc
  • Preparing & Monitoring Report in the capacity as Monitoring Agent for IPOs and FPOs
  • Computing buy-back price of Debentures based on FIMMDA structure;
  • Conducting site visits and preparing and issuing site inspection report thereafter.
Key Skill(s):MIS
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