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