AVP-Loan Documentation

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region.   SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network.  We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

Job Responsibilities

• Drafting/Verification of loan & security documents in line with credit approved conditions.
• Negotiation of documents with clients.
• Obtain management/internal approvals for deviations in standard loan and security documents.
• Coordinating with client/external legal counsel/Security Trustee & internal stakeholders (mainly with Legal & Credit Admin. Team) in finalizing execution version of documents in line with approved Term Sheet. Understanding of consortium & security trustee arrangement is must.
• Verifying the executed loan and security documents.
• Co-ordinate with Credit Admin. team to ensure limit updation.
• Ensure closure of document deferrals & security perfection within allotted time.
• Obtaining Acknowledgement of Debt & various Credit Monitoring docs. viz. stock statement, insurance, stock audit report, end use certificate, due diligence report etc. in a timely manner.
• Ensuring renewal of credit facilities & security support docs. viz. Corporate Guarantees, SBLCs etc. before due date.
• Assist in data requirements for RBI inspection / statutory audit / internal audit.

Knowledge, Skills, Experience & Qualifications 

• Knowledge of credit administration & monitoring function for corporate banking clients. Documentation knowledge of MNC clients is preferable.
• Good communication skill (verbal & written).
• Good team player.
• Experience in handling project finance documents.
• Experience of independently negotiating documents with clients.
• Awareness of Regulatory requirements for Lending transactions.
• Experience in handling stressed assets/cases is preferable.
• Around 8-10 years of experience in same or related role.
• LLB (General) preferable, else CA/CS/MBA