Job Description

:Think Investments, Think Kotak.
This is an Internal document.
Job Title: Deputy Manager
Level: M2
Department: Commercial Operations
Job Role
\xc2\xb7 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.
\xc2\xb7 Updating of PSL for CCOD product basis the PSL template received from business along with TS / SL.
\xc2\xb7 Insurance Policy Maintenance (basis terms of Sanction) - information to centralized insurance policy maintenance desk.
\xc2\xb7 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.
\xc2\xb7 Insertions (documents received post disbursement).
\xc2\xb7 Deferral Closures (post receipt of requisite document from Business Unit against deferral obtained).
\xc2\xb7 Tracking of post disbursement conditions related to Wholesale & Commercial operations in DRS as pre-approved.
\xc2\xb7 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).
\xc2\xb7 Liaison with Auditors & Ensure no audit queries. MIS (Daily Reporting, Pending Status, Insertions).
Qualifications
Post Graduate or MBA Finance Personality Traits
\xc2\xb7 Ability to perform under pressure and stringent time lines.
\xc2\xb7 Adaptable and open to get acquainted with changing business and operational environment.
\xc2\xb7 Ability to build & develop the team while being part of it.

Kotak Mahindra Bank