Job Description
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Role Context
The Credit Documentation & Life Cycle Management team (CDLM) has a range of responsibilities overseeing the provision of post credit approval activities and supporting the credit life cycle management for CMB customers.The credit documentation team lead is responsible for overseeing and managing credit documentation process for CMB. This role involves leading a team of credit document analyst, ensuring accurate and timely completion of credit documentation, and maintaining compliance with regulatory requirements, internal policies and KPIs. Apart from managing the team you would also be individual contributor. As an individual contribution this role involve managing the documentation process for credit facilities from inception to maturity and ongoing facility servicing. We are seeking a detailed-oriented individual with technical expertise and problem-solving skills to join our credit documentation and life cycle management team.Job IntroductionCDLM team would work closely with Relationship Managers of CMB to fulfil all post approval credit requirements for CMB borrowing customers. Credit Life Cycle Associate would be responsible to engage with the clients, check condition precedent, negotiate the documentation, complete documentation execution, arrange for documentation endorsements and ensure that credit limits are made available to clients.As an Associate, you would be responsible for credit administration, collateral monitoring, and credit condition monitoring for clients. Along with individual deliverables, you would be managing team of Credit Life Cycle Associate and would be ensuring credit KPIs are always met.Principal ResponsibilitiesTeam Leadership
- Lead, mentor and coach a team of credit documentation analysts
- Assign tasks, set priorities and monitor the performance of team members to ensure timely completion of tasks
- Conduct regular 52912927 performance reviews and provide feedback to team members to support their professional development.
Documentation Management
- Review, negotiate and coordinate the execution of credit documentation, including loan agreements, security documents, and other legal contracts related to credit facilities extended to our clients.
- Ensure that all documentation complies with regulatory requirements and internal policies.
- Ensure that up-to-date records of all documentation are maintained within Operations.
Credit life cycle management
- Monitor the ongoing compliance of credit facilities with established terms and conditions.
- Coordinate amendments, extensions, and other modifications to credit documentation as necessary.
- Track key milestones and dates related to credit facilities, such as approval conditions and covenant compliance.
- Responsibility of RMT management (tool to manage security documentation and approval conditions) and covenant compliance.
- Follow up for all post sanction documentation such a stock statement, UFCE, Insurance policies, end use certificates, PCB certificates, valuations etc.
- Respond to any audit related, credit or customer queries pertaining to documentation, security, RMT management etc.
- Responsible for timely completion of security perfection
Relationship Management
- Serve as a primary point of contact for internal stakeholders, including relationship managers, credit analysts, and legal counsel.
- Liaise with external parties, such as borrowers, valuers, auditors, and regulatory agencies, to facilitate the documentation process and resolve any issues.
Risk Management- Identify potential risks and deficiencies in credit documentation, escalate issues as appropriate and track it for resolution.
- Assist in conducting due diligence reviews and risk assessments as required from time to time
Process Improvement- Continuously evaluate and improve documentation processes to enhance efficiency and accuracy.
- Implement best practices and technology solutions to streamline workflows and reduce manual effort.
Customers / Stakeholders:
- Customers
- Valuers/ Stock auditors/ Legal Auditors
- CMB (RMs, Business Heads, etc.)
- WMR
- Credit Services
- Credit Analysts
- WB COO
Operational Effectiveness & Control
- Ensure all KPI related to credit administration, covenants and conditions of approval are met
- Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which you are involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group
Compliance policy.
- Maintain HSBC Internal Control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.
- Be aware of the Operational Risk scenario associated with the role and act in a manner that takes account of operational risk considerations.
- Maintain oversight of post approval credit process by collaborating effectively with teams involved in documentation, limit maintenance or system update
Job Details
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Job Location
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Pune India
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Company Industry
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Other Business Support Services
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Company Type
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Unspecified
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Employment Type
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Unspecified
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Monthly Salary Range
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Unspecified
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Number of Vacancies
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Unspecified
