Manager/ Sr. Manager, Corporate Documentation & Custodian Unit, Credit Administration
Job Description
Title: Manager/ Sr. Manager, Corporate Documentation & Custodian Unit, Credit Administration
Company Name: BRAC Bank Limited
Vacancy: Not specific
Job Location: Anywhere in Bangladesh
Employment Status: Full-time
Educational Requirements:
∎ Master's/Bachelor's degree from a reputed university with a satisfactory academic track record;
Job Context:
∎ BRAC Bank is one of the top sustainable banks in Bangladesh. Established with a view to financial inclusion, BRAC Bank is the pioneer of SME Banking in Bangladesh, delivering a full array of banking services to individuals and business entities. Its strong financials, along with the best credit rating from the top global and local rating agencies and numerous recognitions, speak of the bank`s aspiration towards becoming the best bank in the country.
∎ BRAC Bank is currently looking for a number-driven, digitally savvy, intelligent, goal-oriented, enthusiastic individual for the following position in its Information Security Department of Risk Management Division:
Job Responsibilities:
∎ Draft and finalize Sanction Letters and NOCs, issuance of the same, and ensuring proper documentation and securitization of corporate borrowers within the targeted time;
∎ Maintain close liaison with internal customers and incorporate feedback in service improvement initiatives;
∎ Prepare different security/support documents like charge documents, personal guarantee, corporate guarantee, and hypothecation, aligning with approval and sanction;
∎ Prepare document check-list and issuance of Security Compliance Certificate after complying with all due diligence;
∎ Obtain legal opinion and Title Search on property documents, and also a collection of search reports, by engaging enlisted legal counsel;
∎ Arrange for drafting, vetting, review, and finalization of mortgage, pari passu, syndication, and work order financing documents by engaging enlisted legal counsel;
∎ Collection of any wanting documents as per the legal opinion by engaging enlisted legal counsel;
∎ Ensure to create mortgage/charge/registration with competent authority viz. SRO / RJSC / BRTA / BIWTA etc.;
∎ Prepare Limit Loading Instructions after complying with the compliance for onward limit loading;
∎ Ensure and follow up on the timely creation of charge with RJSC in favor of the bank;
∎ Arrange for the realization of professional bills against jobs/services extended by lawyer/vendor firms from borrowers' accounts regularly;
∎ Maintain as well as monitor various MIS regarding Deferral, Insurance, External Credit Rating, SRO Token, Original Deed collection, Deficiency List, Condition, and Covenant for onward submission to management as and when required;
∎ Attend the Auditors, both internal and external, to ensure zero audit comments and prepare proper feedback against all audit observations for Corporate Loan documentation;
∎ Ensure proper stamp affixing of corporate files with reconciliation;
∎ Circulation of security/documentation status to Business/CRM - as and when required;
∎ Negotiate to resolve critical documentation scenarios with Corporate RMs, Borrowers, and in case of multi-bank lending with other lenders.
Additional Requirements:
∎ Minimum 7-10 years of experience in a bank or non-banking financial institution, dealing in corporate borrower's loan documentation (especially with Credit Admin Dept.);
∎ Strong communication, problem-solving, and decision-making skills;
∎ Computer literacy (MS Word, Excel, Access, and PowerPoint);
∎ Be a customer-centric, self-propelled team player and capable of meeting deadlines.
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 12 Sep 2023
Company Information:
∎ 7 Sep 2023
∎ BRAC Bank Limited
∎ Business : BRAC Bank is one of the top sustainable banks in Bangladesh. Established with a view to financial inclusion, BRAC Bank is the pioneer of SME Banking in Bangladesh, delivering a full array of banking services to individuals and business entities. Its strong financials, along with the best credit rating from the top global and local rating agencies and numerous recognitions, speak of the bank`s aspiration towards becoming the best bank in the country.
Category: Bank/Non-Bank Fin. Institution
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