Hiring Asset Operations / Documentation-Executive / Manager | Piramal Finance Ltd

Written By Naomi S on Wednesday, March 15, 2017 | 10:50 AM

     Experience  : 3 - 5                                                                                Location : Mumbai

Job Description :

The role will be a part of the Piramal Finance wholesale credit operations function, supporting the asset management function of the real estate financing business.

The real estate financing group specializes in providing equity/ mezzanine financing solutions/ construction finance to Indian real estate developers.

Key Roles / Responsibilities :

Follow up with trustees for issuance of NOC to the developers

Processing NOC requests received from Developers using IT system and preparing MIS on list on NOCs issued till date

Executing/follow-up the banking operations with respect to transfer of funds from Developer account(s) to Piramal account

Computing the interest receivable considering the repayments and prepayments of loans

Co-ordinating with the developer for follow-up on Interest and principal payments

Monitor the escrow account and prepare report on weekly basis providing collections made by the developer

To include setting up of sweep/modification, maintaining record of effective sweep ratios, check the escrow account for effective implementation of sweep.

Check on balance in retention account and report the summary of the balances
Preparing reports / MIS / presentation on transactions during the month

Salary                       :      Not Disclosed by Recruiter

Industry                    :      Banking / Financial Services / Broking

Functional Area       :      Financial Services, Banking, Investments, Insurance

Role Category          :        Retail/Personal Banking

Role                          :       Asset Operations/Documentation-Executive/Manager


Keyskills   :

Banking OperationsCredit OperationsConstruction FinanceOperations ManagementAsset ManagementMIS PreparationReal EstateReport Preparation

Desired Candidate Profile :

M.Com./B.Com. with 3-5 yrs. of work experience, preferably with wholesale banking operations / real estate sector

Additional qualification like MBA in Finance/ CA Intermediate / CWA Inter is preferred/ CS intermediate

Qualified banking credit operations professionals (large private banks such as Bank of America, Deutsche Bank, JPMC etc. or Trusteeship Companies) would be preferred
Sound knowledge of wholesale financial services domain and strong understanding of wholesale banking operations

2+ years of experience in asset management or credit operations
Strong understanding of investment lifecycle, assets and liabilities, credit operations


Strong understanding of investment lifecycle, assets and liabilities, credit operations

Strong proficiency in MS Excel, experience with use of technology systems

Good understanding MS PowerPoint, MS Word

Education  :

UG   -   B.Com - Commerce

PG   -   M.Com - Commerce

Company Profile  :


Piramal Finance Ltd

View Contact Details  :

Recruiter Name        :      Talent Acquisition Team

Contact Company     :      PIRAMAL ENTERPRISES LTD

Website                      :       Click here to apply


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