Credit Administration - Documentation officer

Washington, DC
Dec 14, 2018
Dec 17, 2018
Full Time
Job Description Job Description: Review of LMA / syndication standard & non-standard borrowing documentation, Security related documents, Internal & External legal opinions and other condition precedent documents, etc. in compliance with sanctioned credit approvals. Preparation and Review of Bi-lateral Facility Offer Letters, standard & non-standard borrowing documentation, Security related documents, etc. based on templates prepared by Internal / External Legal for FAB USA. Ensuring all security/support documents have been properly executed, signatures are verified and authenticity of the signatories are supported by resolution/POA. Coordinating with CAD-International team in Head Office/Product Specialists/Coverage and Credit Teams as and when required in order to complete the documentation process/limit release in the Bank's Systems. Ensuring approval from relevant authorities is held for deferrals/waiver of any incomplete documents. Ensuring rectification of existing discrepancies/deficiencies (if any) in documentation. Preparing and circulating documentation deficiency (expired/deferred documents) reports and following up for its timely submission /renewal. Encoding Lodgment of documents and update of collateral data in the Bank's system. Verifying and confirming periodically at the time of renewal/review of credit limits that all required security/support documents are held. Reviewing/verifying approvals requested for permanent release of collaterals, security documentation and ensuring that there are no liabilities or outstanding and facilities are cancelled from the system. Preparing and disseminating reports relating to collateral, documentation deficiencies and any other associated reports. Job Requirements Must haves: 5-8 years' experience in Corporate Banking with at least 5 years' experience in the Corporate CAD function. Legal background / knowledge (specifically in relation to documentation) would be an asset. Skills: Good knowledge of Banking Products (emphasis on corporate and commercial banking products). Good knowledge of USA legal environment, LMA Documentation, AML rules and KYC principles Proficiency in MS Office Company Description About us Digital Intelligence Systems, LLC (DISYS) is a global staffing and IT consulting services company with core capabilities in: Staff Augmentation Services Application Development Services Business Intelligence Services Cloud Enablement Services Enterprise Resource Planning Infrastructure Support Services Testing Services Our vision is to be a global business partner, delivering highest quality and most consistent services at the best value to clients worldwide. Incorporated in 1994 as a certified Minority Business Enterprise, DISYS is one of the largest IT staffing firms in the US according to a report by Staffing Industry Analysts. DISYS is headquartered in McLean, Virginia, with offices and delivery locations worldwide in North and South America, Europe, and the Asia Pacific region.

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