Kotak Mahindra Bank
Job Role
- Verification of executed legal documents as per Documentation Grid released by the legal team from time to time & Sanction Letter / Term Sheet issued by the business / credit team.
- Stamp Duty as per Legal Stamp Duty Grid is adhered too.
- Limits & Collateral Maintenance.
- CERSAI Maintenance. (Charge Creation & Release) Checker for Mortgage, Hypothecation & Intangible assets - basis terms of sanctions.
- Updating of PSL for CCOD product basis the PSL template received from business along with TS / SL.
- Insurance Policy Maintenance (basis terms of Sanction) - information to centrailzed insurance policy maintenance desk.
- Preparation and releasing the Disbursement Advice to Loan Maintenance Team for disbursement of loans in LPS. (Wherever there is a term loan / WCDL facility at the time of limit setting), Limit loading Instructions (LLI) to Treasury team for treasury products & CMS team for CMS products.
- Insertions (documents received post disbursement).
- Deferral Closures (post receipt of requisite document from Business Unit against deferral obtained).
- Tracking of post disbursement conditions related to Wholesale & Commercial operations in DRS as “pre-approved”.
- Handover of Files (All documents except Title Deeds) & Dockets (Title Deeds – Property wise i.e. for every property mortgaged separate docket is a must) including insertions to DMT for further action & receipt of acknowledgement in ET / Register (in case of non-ET transactions, if any).
- Handover of PDC / SPDC’s to the Vendor on a weekly basis & receive acknowledgement.
- Liaison with Auditors & Ensure no audit queries. MIS (Daily Reporting, Pending Status, Insertions).
- Confirmation to DMT for Release of property & verification of the property documents before releasing to customer / RM / customer service.
- Signatories for issuance of sanction letter are in accordance to the list of signatories provided by Business & Credit
- Qualification – Graduate / Post-Graduate
Job Requirement
- Detail oriented and ability to multi-task
- Good Interpersonal skills and ability to work in teams
- Excellent Communication Skills
- Proficiency in MS-Office
- Diploma or Graduate in electrical engineering with minimum 3 years of work experience in Data center management/ operations