Senior Mgr-Loan Admin & Transaction Monitoring.CIBG-Investment Banking
Job Overview:
Manage ongoing operational aspects of the Facility & Security agency services and occasional Escrow functions with primary responsibility towards supporting bank tradeco proposition and other syndicated structured trade finance facilities.
Operate the loan administration function to ensure the highest service standards and timelines.
Exclusive oversight, administration and monitoring of transactions done under the Bank tradeco platform in addition to responsibilities under agency services for syndicated loans.
Primary touchpoint for all transaction monitoring in relation to loans from lenders and fund management - requiring constant interaction with Mashreq operations teams, participating lenders & external clients (as may be required)
Work jointly with structuring team in the setup of operationally intensive transactions, to ensure seamless execution and ensure client satisfaction across bespoke structures.
Custodian of all tradeco related MIS with respect to lender participation across different facilities
To train/up-skill junior team members / external contractors to act as effective back-up for managing Shorouq transactions.
Support growth of Tradeco platform across Mashreq’s network footprint on bespoke and complex structures
Additional Responsibilities
Conduct extensive review of relevant facility documentation from a loan management & monitoring standpoint ensuring optimal structures for enhancing operational efficiency
Coordinate with parties on document execution, CP/CS Satisfaction & successful utilization
Facilitate waivers and amendments for borrowers and direct the bank group as applicable
Monitor Information Undertakings and Financial Covenants reporting 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.
Ensure timely movement of funds (to client and / or to lenders) by closely liaising with cross-border operations teams.
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.
Maintain Escrow business as per the Agreement requirements
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
To act in the best interest of all parties i.e. lenders and borrowers, fulfilling fiduciary obligations, if any, without any conflict of interest
Manage ongoing operational aspects of the Facility & Security agency services and occasional Escrow functions with primary responsibility towards supporting bank tradeco proposition and other syndicated structured trade finance facilities.
Operate the loan administration function to ensure the highest service standards and timelines.
Exclusive oversight, administration and monitoring of transactions done under the Bank tradeco platform in addition to responsibilities under agency services for syndicated loans.
Primary touchpoint for all transaction monitoring in relation to loans from lenders and fund management - requiring constant interaction with Mashreq operations teams, participating lenders & external clients (as may be required)
Work jointly with structuring team in the setup of operationally intensive transactions, to ensure seamless execution and ensure client satisfaction across bespoke structures.
Custodian of all tradeco related MIS with respect to lender participation across different facilities
To train/up-skill junior team members / external contractors to act as effective back-up for managing Shorouq transactions.
Support growth of Tradeco platform across Mashreq’s network footprint on bespoke and complex structures
Additional Responsibilities
Conduct extensive review of relevant facility documentation from a loan management & monitoring standpoint ensuring optimal structures for enhancing operational efficiency
Coordinate with parties on document execution, CP/CS Satisfaction & successful utilization
Facilitate waivers and amendments for borrowers and direct the bank group as applicable
Monitor Information Undertakings and Financial Covenants reporting 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.
Ensure timely movement of funds (to client and / or to lenders) by closely liaising with cross-border operations teams.
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.
Maintain Escrow business as per the Agreement requirements
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
To act in the best interest of all parties i.e. lenders and borrowers, fulfilling fiduciary obligations, if any, without any conflict of interest