Job Opportunity At BRAC Bank Limited As Manager, Corporate Documentation And Custodian.

BRAC Bank Limited is one of the country’s leading third-generation banks operated with reputation since 2001. The bank now operates 187 branch offices and 705 agent banking outlets across the country. For strengthening the BRAC Bank family, BRAC Bank Limited is hiring a number of dynamic, ambitious, intelligent, goal-oriented, and enthusiastic individuals to work in its Operations Division as Manager, Corporate Documentation and Custodian. The post is open to any Bangladeshi individuals who meet the requirements.

Number of vacancy available

Not specified by the management.

Employment Status

Selected individual is employed for Full-time.

Educational Requirements

Candidates must have Master’s/Bachelor’s degree from a reputed university with a satisfactory academic track record.

Experience Requirements

Minimum 5-7 years of experience in a bank or non-banking financial institution, dealing in corporate borrower’s loan documentation (especially with Credit Admin Dept.);

Additional Requirements

  1. Strong communication, problem-solving, and decision-making skills;
  2. Computer literacy (MS Word, Excel, Access, PowerPoint, etc.);
  3. Be customer-centric, self-propelled, team player, and capable of meeting deadlines.

Job Responsibilities

Selected individuals have to perform;

  1. Draft and finalize Sanction Letters and NOCs, issuance of the same, and ensuring proper documentation and securitization of corporate borrowers within the targeted time;
  2. Maintain close liaison with internal customers and incorporate feedback in service improvement initiatives;
  3. Prepare different security/support documents like charge documents, personal guarantee, corporate guarantee, hypothecation, etc. aligning with approval and sanction;
  4. Prepare document check-list and issuance of Security Compliance Certificate after complying with all due diligence;
  5. Obtain legal opinion and Title Search on property documents, and also a collection of search reports, by engaging enlisted legal counsel;
  6. Arrange for drafting, vetting, review, and finalization of mortgage, pari passu, syndication, work order financing, etc. documents, by engaging enlisted legal counsel;
  7. Collection of any wanting documents as per the legal opinion, by engaging enlisted legal counsel;
  8. Ensure to create mortgage/charge/registration with competent authority viz. SRO / RJSC / BRTA / BIWTA etc.;
  9. Prepare Limit Loading Instructions after complying with the compliance for onward limit loading;
  10. Ensure and follow up on the timely creation of charge with RJSC in favor of the bank;
  11. Arrange for the realization of professional bills against jobs/services extended by lawyer/vendor firms, from borrowers’ accounts at a regular basis;
  12. Maintain as well as monitoring various MIS regarding Deferral, Insurance, External Credit Rating, SRO Token, Original Deed collection, Deficiency List, Condition and Covenant, etc. for onward submission to management as and when required;
  13. Attend the Auditors, both internal and external, to ensure zero audit comments and prepare proper feedback against all audit observations for Corporate Loan documentation;
  14. Ensure proper stamp affixing of corporate files with reconciliation;
  15. Circulation of security/documentation status to Business/CRM – as and when required;
  16. Negotiate to resolve critical documentation scenario with Corporate RMs, Borrowers, and/or in case of multi-bank lending with other lenders.

Salary and other benefits

Salary and other benefits will be set by Bank Management.

Place of Posting

Anywhere in Bangladesh

Application Deadline

Interested candidates may apply for the post within 30 Dec 2022.

Job Source Online Job Posting.

BRAC Bank does not charge a fee during the recruitment process. If you are interested in joining the BRAC Bank family and wish to take on challenges, you can apply through the BRAC Bank Limited website; or you may apply directly from here;

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