About the job
The Manager of CAD & KYC Onboarding is responsible for overseeing the Credit Administration function at the Gift City branch. This role operates in close collaboration with the CAD Cluster Head and the CAD-International team at the Head Office. Key responsibilities include managing the validation and storage of documentation linked to credit facilities, overseeing the release of credit limits into the Bank’s system, and preparing comprehensive Management Information System (MIS) reports.
Additionally, the role entails onboarding customers following the completion of KYC and due diligence processes, including Anti-Money Laundering (AML) checks, while ensuring adherence to local regulations and guidelines. The incumbent will work autonomously and engage with various stakeholders, including legal counsel, relationship managers, and credit functions.
Key Accountabilities:
Documentation and Controls in CAD
- Review and execute both standard and non-standard documentation as per credit approvals.
- Verify condition precedent documents prior to the disbursement of credit limits, ensuring compliance with sanctioned approvals.
- Maintain completeness of facility and security documents along with necessary resolutions and approvals.
- Coordinate with Business, Credit, Legal, and Operations teams for clarifications as needed.
- Obtain internal and external legal opinions in line with bank and country policies.
- Manage approvals for any document deferrals or waivers.
- Rectify any discrepancies or deficiencies in documentation.
- Ensure timely lodging and maintenance of security documents and collaterals within the Bank’s system.
- Conduct periodic reviews to eliminate outdated security documents.
- Confirm the security and support documents are securely stored during credit facility renewals.
- Oversee the safe storage of all security documents and maintain an organized checklist.
- Ensure proper approvals for the permanent release or archiving of documents.
- Manage cancellation and suspension of limits in GLCMS as per credit approvals.
- Create and satisfy charges with the Registrar of Companies (ROC), ensuring compliance in sanction letters.
- File security interests with the Central Registry of Securitization Asset Reconstruction and Security Interest of India (CERSAI).
- Submit financial information to Information Utilities in collaboration with National E-Governance Services Limited (NeSL).
- Maintain follow-ups for stock statement receipts and reviews to ascertain drawing availability.