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About:
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). Its authorised capital is Rs.2.00 crores and its paid-up capital is Rs.1.00 crore. It offers a whole bouquet of services viz. security trusteeship, debenture trusteeship, trustee for alternative investment funds, pledges trusteeship, facilitator for the execution of Will, etc.
Passion to be the number one trustee company in the domestic market and the preferred trustee in global markets. It is guided by the principle Long-Term Relationship, Fairness & Transparency in all transactions, and Customer Delight.
Customer Satisfaction is our main motto which is achieved with Professional Competence and leveraging digital technology.
Role:
Executive/Senior Executive – Legal & Operations
Location:
Bangalore
Qualification:
- LLB/LLM from a reputed College/University (preferably Tier-1 or- 2)
Experience
- 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.
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.
- 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.
- Litigation/enforcement actions.
How to Apply:
Interested candidates can Apply here
We have taken all measures to ensure that this opportunity, available in the corporate domain, is uploaded/provided/given on our social media platforms, including our website, and is credible, verified and sourced from authenticated/trustable sources.
