Consultant II - Agency and Trustee Services Job in Bangalore at Kroll

Kroll is hiring for the role of Consultant II - Agency and Trustee Services

Responsibilities of the Candidate:

• Sound understanding of the Secondary Market Trade processing
• Understanding of the nuances for Paper-based and ClearPar trades
• KYC & Onboarding initiation & tracking
• Seller position checks & Coordination with buyer & seller 
• Processing and recording of trades & transfer fee tracking
• Manage waivers & amendment process & deal freezes
• Manage certain lender/borrower queries.
• Working with transaction management and the operations team to assume deal management pre-closing – running the closing cash flows*; preparing closing invoices; updating files and tasks upon receipt / taking over and completing the deal “Closing Checklist” (“DCC”) in respect of:
• Fee reconciliation
• Collateral
• Bibles – including checking for completeness, scanning to files and logging/safekeeping.
• Ensure completion of DCCs within specified time – track and report on overdue items, and work with colleagues to ensure all items are closed off.
• Prior to each new deal closing working from the funds flow, reaching out to all lenders/funders to ensure compliance with MT103 format and to confirm all KYC required to be done is complete.
• Manage post-closing accession process – coordinating with Lenders and legal counsel – updating all records and systems.
• Attend daily WIP call and update the team on middle office workstreams.
• Working closely with the management accounting and operations teams to assist in resolving any queries arising from the daily reconciliation of the Kroll Client and House accounts. This will involve running a daily payment report / identifying all debits and credits, managing any underpayments / overpayments / returns of funds / unexpected cash – updating the records (including invoice/recharge tracking)
• Working with Management to assist in the production of the Monthly MIS Report
• Processing of recharges to clients in respect of Fees and negative interest charged monthly.
• Run an annual collateral audit for deals under management/within assigned portfolio.
• Managing ad-hoc transaction activity – assisting transaction management team to administer ad-hoc and unscheduled transaction activity as directed and in accordance with procedures.

Requirements:

• Bachelor’s degree in commerce / finance or relevant experience
• Must have experience in Lending operations.
• Experience with loans systems such as Loan IQ, Clearpar, Loan Processer & Loan Reconciliations.
• Previous management/leadership experience in an operations environment.
• Strong oral and written communication skills
• Ability to work overtime as needed to support the team and ensure critical work is performed.
• Flexible working in shifts
• Ability to manage sensitive and confidential information.