Product Manager-Salaried PL AND Working Capital-MIS

1 week ago

Mumbai, Maharashtra, India Kotak Life Insurance Full time ₹ 5,00,000 - ₹ 10,00,000 per year

About The Role  

Role of Disbursement Coordinator in disbursement process- TAT starts post LOS sanction 

  • All required approvals / Deferrals to be taken by DC
  • Account opening to be initiated by DC
  • DC to check KYC before login of the case. Check BCIF and KYC should match
  • RCU to be checked by DC. IN case of any approval to be provided by DC
  • Legal and technical and BCIF address to be checked before SL issuance
  • Technical hard copy report to be collected by DC.
  • Legal to be cleared by ABM if any specific query is raised by legal
  • GC to be collected by DC( Non BT cases /upfront property cases )
  • Disbursement File and Docket preparation with marking DC will do.
  • If file is processed through MO or Non MO - ET to be raised by SRM/RM. DST to ensure all the documents are prepared as per DVU checklist.
  • Application form to be filled if not already provided at the time of login
  • RCU to be done on file.
  • Property papers numbering to be ensured by DC as per GC / Legal report
  • Put all necessary approvals (rate, legal, technical, RFD, etc.) in the file/Mail
  • Once the file is ready RM raise ET in KRAMAN and DC submits the file in RCAD
  • Register entry is done in RCAD for each file so that FIFO system can be followed
  • Follow up for query with RCAD once the case is in their bucket
  • If ET is raised before, RCAD cut off than DC to ensure that queries are received before EOD else next day before 12 PM.
  • In Maharashtra , NOI initiation from vendor to be done by DC
  • In registered mortgage cases, DC to ensure SRO appointment is provided by the vendor.
  • Query resolution if any raised by RCAD
  • Deferral closure from RCAD

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