Job Purpose
- Manage various operational aspects of the Facility, and Security Agency functions.
- Operate the Agency function to ensure highest service standards and adherence to timelines.
- Liaise with internal and external stakeholders on various agency transactions in the portfolio.
- Manage and monitor the allocated client’s/agency agreements and tasks.
- Report directly to Agency Head.
Key Result Areas
- Successfully manage Shorouq platform based structured trade transactions including transaction processing and monitoring ensuring adherence to turnaround timelines without any errors
- Review and negotiate all structured trade documents from an Agency standpoint with the client on behalf of the lenders
- Prepare adequate tracking models for each Shorouq transaction and ensure regular update and improvements
- Coordinate with parties on document execution, CP/CS Satisfaction & successful utilization
- Tracking stressed loans under Agency management ensuring timely monitoring of key issues, regular updates to the lenders and other relevant parties, coordinating with lawyers and lenders for distribution of information
- Monitor and manage the Agency related functions for key client related mandates
- Facilitate waiver and amendments for borrowers and direct the bank group as applicable under the specific facility documentation
- Monitor Information Undertakings and Financial Covenants 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.
- Coordinate All Party/Lender meetings / calls as appropriate and prepare minutes of meeting and present to Unit Head and circulate it post discussions
- 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.
- 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
- Continuously improve and recommend improvements in policies and procedures for the unit.
- Knowledge, Skills and Experience
- Graduate with experience in Corporate Banking including preferably 1 year in Agency role
- Job holder must have documentation skills to interpret LMA standard documentation
- Knowledge of Operations to have control of the transaction flow.
- Strong communication skills with an ability to converse well with Borrowers, Lenders and external and internal stakeholders.
- Self-motivated and ambitious with problem solving ability and excellent business analytical skills.
- Should be proficient with MS Office (i.e. Excel, PowerPoint) and should process an eye for detail.
- Ability to work in a team, independently when required, when under pressure, adhering to tough deadlines
Job description provided by Mashreq.
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