Operations Team Member - Commercial Operations Job in Bengaluru at Kotak Mahindra

Kotak Mahindra is hiring for the role of Operations Team Member - Commercial Operations!

Responsibilities of the Candidate:

• 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).

Requirements:

• Post Graduate or MBA Finance
• 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