About SBICAP Trustee Company Limited
SBICAP Trustee Company Limited is a subsidiary of SBI Capital Markets Limited (SBICAP) and a part of the State Bank of India (SBI) group. It provides trustee services, including security trusteeship, debenture trusteeship, and trusteeship for alternative investment funds. The company aims to be a leading trustee in both the domestic and global markets.
About the Job
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 applications for the post of Assistant Manager/ Deputy Manager in Legal & Operations.
Name of the Post: Assistant Manager/ Deputy Manager
Eligibility
- LL.B./LLM from a reputed College/University (preferably Tier-1 or 2).
- Minimum of 6 to 8 years post-qualification experience with Banks / NBFCs / Financial Institutions / Security Trustee Company / Law Firms. Must have hands-on experience in drafting/settling financial and security documentation for banks/NBFC.
Skills / Position Objective / 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.
- The capacity to achieve the business targets of the group.
- Other things being equal, preference will be given to persons who know the 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 the compliance report and issuance of the 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.
Location
Hyderabad and Mumbai
Application Procedure
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