Job Responsibilities:
Manage the daily activities and responsibilities of staff involved in the Syndicate/Agency functions & facility set up.
Maintain effective diary system so that all time bound actions are taken without any lapse.
Maintain all real and shadow accounts related to syndication operation with full details.
To supervise the processes of Asset Distribution transactions
Authorize/approve release of facilities as a authorizer.
Arrange to set up various Escrow, project, collection, incomes accounts to manage structured facilities. Review daily reports/exceptions/irregularity and inform the manager of any deviations for corrective actions.
Monitor performance of team and exercise appropriate control measures.
Assist in monitoring and valuing the security/collateral on a regular basis to ensure that any shortfall in security is immediately recognized and reported for rectification by Business Departments.
Manage and resolve the operational problems by probing into the issues and corrective steps to avoid reoccurrence.
Within delegated authority, authorize to approve release of limit in system.
Solve the routine problems that may arise on account of delays in processing and accurate reporting etc.
Responsible for submission of accurate exception/MIS reports and prepare sanction advice for release of facility.
Point of view to Credit Risk Managers on proposals for waiver / deferment of documents and feedback to Business Departments on legal and security documentation.