Loan Ops- Leadership role

We are looking for a passionate, energetic individual to join our Lending Services division. You will be part of team working as an extension to our US based client ensuring we fulfill the applicable SLAs.

Key Skills / Responsibilities (Commercial Loan Operations- CLO)

• Review commercial syndicated credit agreements and other loan related documents for new and amendment
• Identify and understand the clauses and provisions on FATCA in the credit agreements
• Detailed review of W8 forms in relation to FATCA compliance (Foreign Account Tax Compliance Act)
• Identify the inconsistency, missing documents, missing information and raise the remediation request
• Reach out to the client for new, updated documents as per the IRS reporting requirement
• Create and update the details in Loan IQ and other applications for both existing and new facilities
• Coordinate and collaborate with different teams throughout the process
• Ongoing daily, weekly, monthly reporting to the client
• Ensure compliance with the Banks data governance policies, standards and operational procedures
• Ensure timely completion of tasks while adhering to outlined standards.
• Demonstrate strong organizational skills and attention to detail in all aspects of the role.
• Hands on experience in preparing Standard Operating Procedures (SOPs)
• Adhere to the process guidelines and create process flow/documentation.
• Prepare reports for upper management regarding status of project.
• Ongoing communication with client basis the process requirement
• Meet strict deadlines and ability to work under pressure.
• Actively participate in team meetings to share insights and provide updates on ongoing tasks and projects.

Required competencies:

• 9 to 14 years' experience in Commercial loan operations
• Strong understanding of FATCA compliance (Foreign Account Tax Compliance Act), W8 forms, IGA, IRS Reporting
• Strong understanding of syndicated loan agreements and has an ability to understand and interpret the clauses in the credit agreement.
• Working experience in loan management system Loan IQ, AFS Vision and other Loan Management applications.
• Hands on experience syndicated loans onboarding for new and amendments.
• Ability to build collaborative relationships and effectively leverage networks to mobilize resources
• Strong problem-solving skills and desire to dig into complex title issues and identify solutions
• Ability to manage multiple tasks while maintaining strong attention to details and timelines
• Flexible to work in various projects in Banking Operations based on the client requirement.
• Commerce Graduate / MBA (Finance)
• Good coaching and mentoring skills
• Excellent written and spoken communication skills

Job location- Bengaluru

Designation- Manager/ Assistant Director