Associate Manager/Manager, Corporate Documentation & Custodian, CAD

Job Description

Title: Associate Manager/Manager, Corporate Documentation & Custodian, CAD

Company Name: BRAC Bank PLC

Vacancy: --

Age: At least 30 years

Job Location: Anywhere in Bangladesh

Salary: --

Experience:

• 5 to 8 years
• The applicants should have experience in the following business area(s): Banks

Post Graduation/Graduation from a UGC-approved university with a satisfactory academic track record.

• 5 to 8 years
• The applicants should have experience in the following business area(s): Banks

• Age At least 30 years

• Minimum 5-8 years’ experience in a bank or Non-Bank Financial Institution, dealing in Corporate Borrower’s Loan Documentation (Especially with Credit Admin Dept.).

• Computer literacy (MS Word, Excel, Access, Power Point etc.)

• Excellent communication skills (both written and verbal).

• Excellent inter-personal relationship and analytical ability.

• Customer-centric, self-motivated, a team player, and capable of meeting deadlines.

BRAC Bank PLC is a full-service private commercial bank in Bangladesh, aiming to become the most trusted, innovative and inclusive bank, driven by purpose and powered by people. It plays a pivotal role in shaping the country's financial future, with a clear focus on sustainability. With the highest market capitalization, the highest international shareholding and the country’s best credit rating, the bank leads the Bangladesh banking industry in key financial metrics. BRAC Bank is considered the standard bearer of good governance, ethics and values-based banking. BRAC Bank today serves as a trusted partner for individuals and businesses across every segment of the economy - Small & Medium Enterprises (SME), Corporate & Institutional and Retail Banking.

BRAC Bank PLC is currently seeking a highly motivated, intelligent, and purpose-driven professional to join its Operations Division in the following position:

Associate Manager/Manager, Corporate Documentation & Custodian, CAD

Job Grade: SO- SPO

KEY RESPONSIBILITIES

• Drafting and finalization of Sanction Letters ad NOCs, issuance of the same and ensuring proper documentation and securitization of Corporate Borrowers within the targeted time.

• Maintaining close liaison with internal customers and incorporate feedback in service improvement initiative.

• Preparing various security/support documents like charge documents, personal guarantee, Corporate guarantee, hypothecation etc. aligning with approval and sanction.

• Preparing of Document Check-List and Issuance of Security Compliance Certificate after complying of all due diligence.

• Obtaining Legal Opinion and Title Search on property documents and also collection of Search Reports, by engaging enlisted legal counsel.

• Arranging for drafting, vetting, review, finalization of mortgage, pari passu, syndication, work order financing etc. documents, by engaging enlisted legal counsel.

• Collection of any wanting documents as per legal opinion, by engaging enlisted legal counsel.

• Ensuring to create mortgage / charge / registration with competent authority viz. SRO/RJSC / BRTA/BIWTA etc.

• Preparing of Limit Loading Instruction (LLI) after complying the compliance for onward limit loading.

• Ensuring and following up of timely creation of charge with RJSC in favor of the bank.

• Arranging for realization of professional bills against jobs/services extended by lawyer/vendor firms, from borrowers account, on regular basis.

• Maintaining and monitoring various MIS regarding Deferral, Insurance, External Credit Rating, SRO Token, Original Deed collection, Deficiency List, Condition & Covenant etc. for onward submission to management as and when required.

• Attending all Auditors to ensure Zero audit comments both internal and external and preparing proper feedback against all audit observations for Corporate Loan documentation.

• Ensuring proper stamp affixing of corporate files with reconciliation.

• Circulation of security/documentation status to Business/CRM – as and when required.

• Strong negotiating skills to resolve any critical documentation scenario with Corporate RMs, borrowers and/or in case of multi-bank lending with other lenders.

• Risk identification, escalation to proper level for onward mitigation.