Rovina Mendonsa

Profile:

Preparation and validation of Banking Facility documents (including safe to lend checks and limit marking) and setting them up on the required system before draw-down is completed.

· Preparation/Checking of Facility letter, Loans lending, termination letter, Security Documentation etc.

· Working for Retail and commercial operations

· Collateral securities investigation and approval.

· Regular correspondence and coordination with RMs, front office, legal and risk department.

· Ensuring smooth and timely delivery of the prepared facility letters.

· Validation of receipt of signed facility agreements/Collateral documents received from the customer.

· Involved with external solicitors to register the collateral documents and reviewing the document pertaining to de-registration of collaterals.

· Issuance of Security Compliance Certificate (SCC) for marking the limits.

· Effectively managing, monitoring and checking Daily, By-Weekly, Monthly reports generated and sharing with counterparts.

· Validating, Monitoring and Lodgment of Insurance/Valuation Reports/Collateral Documents

· Ensure risk and legal compliance are in place

· Responsible for document receipt and management

· Monitor incomplete documents (Documents pending for execution) and follow up with RM periodically.

· Book Collateral and mark limits

· Processing of fees and collecting the premiums from the clients.

· Commercial Lending and other collateral or securities investigation and approval.

· Perform review of next credit review dates and collateral expiry dates follow up with CRM/RM in order to get the existing loan facilities renewed.

Additional Responsibilities: -

· Perform monthly CSA (Control Self Audit) and escalate the non-adherence of control policies/measures to senior management.

· Training the New Joiners.

· Co-ordinate with entire loan operation team to perform effective processing of loan documents.

Worked in Enterprise Risk Services for Financial organization, Deloitte Touche Tohmatsu India Private Limited. Under their guidance, I was involved in concurrent audits for Global Trade Receivable Finance and Credit services, CRMS, Branch Audit and MCDD in financial services with leading private sector banks.

· Checking of Import Documents.

· To verify that all the documents are submitted as per trade policy.

· To verify limits are loaded as per authorized limits for credit services.

· To verify Facility Advise letter is in standard format.

· To verify Bill of Lading with Invoice.

· To verify Letter of credit.

· Checking of documents and drafts for compliance with credit terms.

· To verify Withdrawal and deposit slip voucher on daily basis.

· Checking the documents for loan taken from the bank.

· Verify the valuation report and other loan documents.

Responsibilities

· Handling Bangalore branch (HSBC Bank and Citibank) for daily concurrent audit and (JPMC) for quarterly audit.

· Ensure all operations, regulatory and processing related instructions are implemented in branch.

· Identify loopholes and recommend risk aversion measures.

· To Document process and prepare audit findings memorandum.

· Physical Cash and Deliverables are balanced once in a month.

· To verify entries in Suspense and Sundry Account pertaining to the Branch.

· To verify all the transaction posted through vouchers.

· To verify Administrative areas such as Registers and other records maintenance.

· Checking documents as per process and scope of the bank.

· Loan disbursed once appropriate documents are held on record by the bank.

· Checking the documents as per facility provided by the bank.

Worked as an accountant and during the tenure of service, handled the below responsibilities:

· Processing of Invoices and Setting up Payment to all Suppliers.

· Ensuring timely payments and reserving funds for critical suppliers.

· Ensuring that all invoices setup for payment have a corresponding Purchase Orders

· Preparing/Verifying Vessel’s account which include:

- Crew Payroll

- Checking the Master’s Cash Account

- Checking the Agent Port Settlement

- Checking the Crewing Agents statements of Accounts

- Checking the vessel’s bank account

- Booking Invoices approved by all authorized persons

- Settlements of agents and creditors account

· Arranging/Monitoring CTM and allotments for the vessels.

· Ensuring all balance sheet items are reconciled on monthly basis.