About this role
Job Purpose:
• Manage various operational aspects of the Facility, and Security Agency functions.
• Operate the Agency function to ensure highest service standards and adherence to timelines.
• Liaise with internal and external stakeholders on various agency transactions in the portfolio.
• Manage and monitor the allocated client’s/agency agreements and tasks.
• Report directly to Agency Head. Key Result Areas:
• Successfully manage Shorouq platform based structured trade transactions including transaction processing and monitoring ensuring adherence to turnaround timelines without any errors
• Review and negotiate all structured trade documents from an Agency standpoint with the client on behalf of the lenders
• Prepare adequate tracking models for each Shorouq transaction and ensure regular update and improvements
• Coordinate with parties on document execution, CP/CS Satisfaction & successful utilization
• Tracking stressed loans under Agency management ensuring timely monitoring of key issues, regular updates to the lenders and other relevant parties, coordinating with lawyers and lenders for distribution of information
• Monitor and manage the Agency related functions for key client related mandates
• Facilitate waiver and amendments for borrowers and direct the bank group as applicable under the specific facility documentation
• Monitor Information Undertakings and Financial Covenants to ensure documentation compliance and escalate to concerned personnel in the event of a discrepancy or delay
• Maintain Security in various facilities in various capacities, including renewals, expiries, lodgments and retrievals.
• Coordinate All Party/Lender meetings / calls as appropriate and prepare minutes of meeting and present to Unit Head and circulate it post discussions
• Coordinate with External Legal counsels, Internal Legal Counsel, Compliance and Stressed Asset Unit to manage all legal and enforcements issues w.r.t accounts and securities.
• Liaise regularly with various internal departments (i.e. FTC, Credit OPS, Payments division, Compliance, Relationship, Risk etc.) and manage enquiries pertaining to transactions
• Updating KYC in various accounts and fulfill all compliance/regulatory requirements
• Continuously improve and recommend improvements in policies and procedures for the unit. Knowledge, Skills and Experience
• Graduate with experience in Corporate Banking including preferably 1 year in Agency role
• Job holder must have documentation skills to interpret LMA standard documentation
• Knowledge of Operations to have control of the transaction flow.
• Strong communication skills with an ability to converse well with Borrowers, Lenders and external and internal stakeholders.
• Self-motivated and ambitious with problem solving ability and excellent business analytical skills.
• Should be proficient with MS Office (i.e. Excel, PowerPoint) and should process an eye for detail.
• Ability to work in a team, independently when required, when under pressure, adhering to tough deadlines