Executive/ Senior Executive Vacancy At SBI Trustee Company Limited [Bangalore; Apply Now]

SBICAP Trustee Company Limited (STCL) is a wholly owned subsidiary of SBI Capital Markets Limited (SBICAP) which in turn is a wholly owned subsidiary of State Bank of India (SBI) invites online application for the post of Executive/Senior Executive in Legal & Operations.

Name of the Post: Executive/ Senior Executive

Essential Qualification and Experience

• Candidate should have LL.B./LLM from a reputed College/University (preferably Tier-1 or- 2).

• Minimum of 2-4 years PQE with Banks / NBFCs / Financial Institutions / Security Trustee Company / Law Firms.

• Must have hands-on experience of drafting/settling financial and security documentation for banks/NBFC.

Roles & Responsibilities

• In-depth knowledge of banking law & practice, corporate laws (including but limited to Companies Act, Contract Act, Transfer of Property Act, Stamp Act, Registration Act etc.) SEBI Regulations, Insolvency & Bankruptcy Code & NCLT procedures, RDB and SARFAESI Acts, Trustee Business etc.

• Excellent written and verbal communication skills.

• Proficiency in MS-Office.

• Capacity to achieve business targets of the group.

• Other things being equal, preference will be given to persons have knowledge of local language.

• Drafting/Vetting of finance documents viz. Loan Agreement, Security Trustee Agreement, Share Pledge Agreement, Inter Creditor Agreement, Letter ceding charge etc.

• Drafting/Vetting of security documents viz. Deed of Hypothecation, Indenture of Mortgage, Guarantee etc.

• Examining documents viz. MoA & AoA, Board Resolution, Title Search Report, RoC Search Report etc.

• Preparing compliance report and issuance of holding letter.

• Liaison with the stakeholders viz. Lenders, Borrowers, Lawyers Valuers, etc.

• Represent the company before Govt., Semi-Govt. and Local Authorities and attending consortium meetings, enforcement proceedings etc.

• Monitoring pendency and ensuring creation of stipulated security, ensuring statutory filings within stipulated time, issue holding confirmation letters, ensuring renewal of insurance, ensuring issuance of revival letter by the obligors etc.

• Handling escalations pertaining to post execution formalities.

• Ensure safe custody of documents and Litigation/enforcement actions.

How to apply?

• To apply online, click here

To Access Official Notification, click here