Kotak Mahindra Bank Limited

Operations Team Supervisor-WBG OPERATIONS (OPS)-Commercial Operations

Kotak Mahindra Bank Limited
Mumbai/Bombay
Not disclosed
Work from OfficeWork from Office
Full TimeFull Time
Min. 2 yearsMin. 2 years

Job Description

Operations Team Supervisor-WBG OPERATIONS (OPS)-Commercial Operations

•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.

•Stamp Duty as per Legal Stamp Duty Grid is adhered too.

•Limits & Collateral Maintenance.

•CERSAI Maintenance. (Charge Creation & Release) Checker for Mortgage, Hypothecation & Intangible assets - basis terms of sanctions.

•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 centrailzed insurance policy maintenance desk.

•Preparation and releasing the Disbursement Advice to Loan Maintenance Team for disbursement of loans in LPS. (Wherever there is a term loan / WCDL facility at the time of limit setting), 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).

•Handover of PDC / SPDC’s to the Vendor on a weekly basis & receive acknowledgement.

•Liaison with Auditors & Ensure no audit queries. MIS (Daily Reporting, Pending Status, Insertions).

•Confirmation to DMT for Release of property & verification of the property documents before releasing to customer / RM / customer service.

•Signatories for issuance of sanction letter are in accordance to the list of signatories provided by Business & Credit

 

 

 

 

  • Detail oriented and ability to multi-task
  • Good Interpersonal skills and ability to work in teams
  • Excellent Communication Skills 
  • Proficiency in MS-Office
  • Graduation Mandatory.

 

 

Job role

Work location
Work locationMumbai, Maharashtra, India
Department
DepartmentBanking / Insurance / Financial Services
Role / Category
Role / CategoryBanking Operations
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceMin. 2 years

About company

Name
NameKotak Mahindra Bank Limited
Job posted by Kotak Mahindra Bank Limited

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You can expect a minimum salary of 0 INR. The salary offered will depend on your skills, experience and performance in the interview.

The candidate should have completed the required education and people who have 2 to 31 years are eligible to apply for this job. You can apply for more jobs in Mumbai/Bombay to get hired quickly.

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