Operations Team Member-wbg Operations

2 weeks ago

Mumbai Maharashtra, India Kotak Mahindra Full time

Think Investments, Think Kotak.
This is an Internal document.
Job Title: Deputy Manager
Level: M2
Department: Commercial Operations
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.
- 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 centralized insurance policy maintenance desk.
- Preparation and releasing the Disbursement Advice to Loan Maintenance Team for disbursement of loans in LPS. 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).
- Liaison with Auditors & Ensure no audit queries. MIS (Daily Reporting, Pending Status, Insertions).

**Qualifications**:
Post Graduate or MBA Finance Personality Traits
- Ability to perform under pressure and stringent time lines.
- Adaptable and open to get acquainted with changing business and operational environment.
- Ability to build & develop the team while being part of it.

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