WBO:CCMO-Credit Operations- Transaction

Explain:

• The function of the department –Custody and Capital Market Operations Handing of all related activities to Bank as a SEBI registered Custodian (CDSL & NSDL), Depository Participant (CDSL & NSDL), Professional Clearing Member (NSE/BSE etc.) , Clearing Bankers to NSE / BSE / Credit Operations for Broker Members , General Operations for Brokers , & Bankers to issuer.
• Importance and contribution towards the organization – All operations are centralized and handled by CCMO at Fort Capital Market, NPC-I and NPC-II.

CMO under CCMO operates various activities , one of them being Credit Operations for Broker Members 

To execute various securities documentation as per the sanctioned credit facilities terms

Monitoring of various covenants of sanction terms

Disbursement of Fund Based and Non-Funds Based facilities

Preparation of various MIS for internal consumption

Recovery of Commercials 

• Preparation of draft Sanction Letters as per Credit Proposal sanctioned terms jointly with RMs
• Execution of Security Documents as per sanction terms and coordinating with Legal Team 
• Tracking and fulfilling of post sanction covenants and publishing MIS for the same.   
• Maintenance of Sanction limits – Both Fund Based and Non Fund Based Facilities
• Opening of Overdraft accounts under Fund Based Disbursement Activities
• Issuance of Bank Guarantees under Non-Fund Based Disbursement
• Creation of underlying securities for disbursement purposes of both fund Based and Non fund Based Facilities 
• Meeting of the regulatory guidelines and internal guidelines while setting up Drawing Power and Security creation 
• Ensuring that proper securities / collaterals are maintained at all time. 
• Mapping and Tracking of Capital Market Exposure for Broker Clients 
• Preparation and publishing of various MIS for internal consumption
• Providing Intra Day Facilities
• Recovery of Intraday Charges , Interest Servicing , BG Commission and Fees if any
• Resolving of various Audit Queries 

Optimal qualification for success on the job is:

• Minimum qualification – Graduate / Post Graduate 
• NISM certification preferable
• Experience – Minimum 2- 5 Years

For successful execution of the job, a candidate should possess the following:

• Knowledge 

Knowledge of Capital Market Operations and credit related operations knowledge.

Knowledge of Exchange/Depositories/RBI compliance requirements is an added advantage

• Skills

Good communication (both verbal & written) and inter-personal skills.

• Abilities 

       Ability to work effectively across functions

       Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment

       Ability to prioritize and make/impalement decisions in a fast-paced environment

       Ability to work as a part of team and contribute towards team goals

       Ability to manage multiple tasks/projects and deadlines simultaneously