Drafting/Verification of loan & security documents in line with credit approved conditions.
Negotiation of documents with clients.
Obtain management/internal approvals for deviations in standard loan and security documents.
Coordinating with client/external legal counsel/Security Trustee & internal stakeholders (mainly with Legal & Credit Admin. Team) in finalizing execution version of documents in line with approved Term Sheet. Understanding of consortium & security trustee arrangement is must.
Verifying the executed loan and security documents.
Co-ordinate with Credit Admin. team to ensure limit updation.
Ensure closure of document deferrals & security perfection within allotted time.
Obtaining Acknowledgement of Debt & various Credit Monitoring docs. viz. stock statement, insurance, stock audit report, end use certificate, due diligence report etc. in a timely manner.