o Coordination with Investment Manager or developer for checking KYC documents, loan application forms
o Performing CIBIL checks, RBI and other caution lists, World Check and updating results on IT system
Sanction / Offer Letter:
o To ensure all the sanctioned terms and conditions including clauses pertaining to security have been accurately incorporated in the Sanction Letter.
To ensure that the Sanction Letter has been signed by the Authorized signatory & duly acknowledged by Borrower.
Scrutiny of Executed Documents Loan & Collateral:
o To check that the executed documents both loan & collateral documents - are in line with the sanctioned terms
o To ensure executed documents are duly signed by an authorised signatory both at Lender & Borrowers side.
o Responsible to monitor the pending documents & ensure proper credit compliance.
IT system data entry:
o System data entry of developer profile, project configuration, micro-market profile (secondary data on price and sales velocity trends, comparable projects and their sales and pricing information)
o System data entry of project financial model data (prepared by the Investment Manager)
Pre-disbursement audit support
o Coordination with Investment Manager/ developer and Internal Audit to ensure compliance of Condition Precedents (CPs) and supporting pre-disbursement audits
o System upload of executable/executed transaction documents, project business plans, IC notes, term sheets, due diligence reports
o Ensuring the documentation is handed over to the trustee with adequate records in soft copy maintained internally
o Coordination with Treasury function for maintaining approval TATs on pre-disbursement checklists, deviation notes, secretarial compliance etc.
Post-disbursement data management
o Follow-up with Investment Manager or Asset Manager for receipt of actuals (project sales MIS/costs/approvals) data from developers (investee companies)
o System data entry and maintenance of Debt Service Reserve Account (DSRA), FD details, escrow and retention accounts
o To track creation of security documents, perfection of security with ROC, compliance of CERSAI registration within the prescribed timelines