Job Purpose
- Prepare and execute documents in line with the bank standard operating procedures.
- Review Bilateral, Syndication (Corporate and FI), Facility, Collaterals and Transactions documents along with credit approvals.
- Review of nonstandard documents and provide legal opinions along with possible solutions.
- Provide legal advice on facility documentation, borrower source documents and any complex issues to the bank's departments/branches related to borrower facility documents.
- Review and Liaise with external vendors to review credit facility documentation format where necessary.
- Review external legal /lawyer opinion related to the borrowing clients.
- Perform a thorough due diligence to identify any legal risks involved while reviewing the facility documentation.
- Update on changes in laws and regulations that affect the Risk Framework policy.
- Provide legal guidance and support to resolve disputes related to credit terms or conditions promptly, working alongside the Credit Administration team and other stakeholder.
- Liaise with specialist external counsel in relation to any requested legal opinion, review the said opinions and provide the legal comments on the same.
- Maintain accurate documentation and timely reporting to ensure that all documentation is compliant with legal and credit requirements of the bank.
- Designate a point of contact from department to oversee the coordination and address any legal urgent issues related to borrower relationship.
- Support credit Administration activities such as draft facility documentation and review the security documents etc.
Job Accountabilities
Description
- Handled and oversee the legal aspects of all documentation related to Credit Administration Department of the bank independently
- Manage documentation and the Limits management as authorizer for all implementation functions and amend and control existing limits based on proper approval and assurance that all required collateral, Documents & covenants are in place.
- Concerned by the authorization of disbursement as per approval/ established limits and completed requirements
- Rectification of any issues related to disbursal, in coordination with other relevant departments.
- Control and generate of all portfolio related reports, segment/ product/ sector-wise such as tenor, rate, periodicity, collateralization, and maximum concentration.
- Zero data integrity issues via establishing adequate and effective controls.
- Review all existing MIS reports produced by Credit Admin and improve the quality of information shared.
- Work together with Operational risk in order to establish and roll out the department Risk Self-Assessment process.
Qualifications, Experience & Skills
Qualifications
Experience
- 5 years in credit administrations Functions with legal background
- Legal advisor and legal administrative support
Job Specific Skills
- Legal knowledge and experience in reviewing of banking documents related to syndications and complex bilateral transactions
- Technical Credit Administration Knowledge
- Business Acumen
- Strong knowledge of mortgage process
- Strong knowledge of trade finance products
- Leadership and Motivation
- Building Strong Relationships
- Quality Decision Making
- Powerful Communication
- Flexibility and Adaptability
- Teamwork
- Ability to interact with Senior Management
Generic Skills Requirements
- Analytical Ability
- Compliance & Regulatory Reporting
- Strong knowledge of credit risk systems and
- reporting, project management
