Positions 

Legal Head
Management Trainee or Assistant Manager- Information Technology(IT)
Company Secretary
Manager/Senior Manager-Treasury & Corporate Planning
Credit Head
Business Head
                                                                                                                       * Kindly restrict attachment size to 2MB


 

Position: Legal Head

Minimum Experience

15 years

Functional Area

Banks / NBFs/ Financial institutions

Educational Qualification

LL.B/LLM
Skills Required Drafting notices, Replies, vetting court replies, Research on case laws-Documentation, Litigation, SARFESI, NCLT, RBI, Regulations, NBFC rules Ors.

Roles and responsibilities

  • • Upto date knowledge of case laws and legal websites
  • • Drafting and finalizing various legal documents pertaining to security creation required for sanction and disbursement of loans, other financial products, policy or any other purpose.
  • • Reviewing from time to time the bank guarantee formats, security documents, reference letter, claim statement, proof of services, rejoinder, counter and written submission.
  • • Registration of mortgage/charge documents with concerned Sub-Registrar/s & RoC.
  • • Monitor Legal MIS/Data/ Records/ Register/Files 
  • • Litigation - advise, initiation of appropriate and timely legal action in respect of NPA /Defaulting cases.
  • • Vetting, finalizing and filing of claims with (DRT)/OL/RP/NCLT.
  • • Initiate monitoring of legal action in respect to NPA cases including drafting Issuance of notices i.e. notices U/s. 138 of NI Act, notices u/s29 of SFC Act, Demand Notices, Notices invoking guarantee, SARFAESI Act, Takeover notices, Post Takeover Notices, Possession Notices, Winding-up Notices, filing of suit , DFT claims before NCLT etc
  • • Appearance before High Courts/ Supreme Court/ District Courts/Consumer Forums, Magistrate Courts, CBI, ED offices & other Tribunals as and when required or directed.
  • • Co-ordination and follow up with panel Advocate’s, counsels, clients, 
  • • Reviewing from time to time the bank guarantees, reference letter, claim statement, proof of services, rejoinder, counter and written submission
  • • Execution & registration of interim security documentation.
  • • Review and advise management on legal implications of internal policies and procedures on NPA cases pertaining to takeover, disposal of assets and other legal action. 
  • • Handling all other legal matters of the Company including legal advice to field staff and top management of the company
  • • Handling all statutory and legal requirements of SICOM and its subsidiaries
  • • Responsible for all Legal policy related matters and updating manual of legal section
  • • Standardize legal documents from time to time 
  • • Any other responsibility assigned by the management

Reporting Authority

Managing Director

CTC offered

Compensation will not be a limiting factor for the right candidate

To apply Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 21 days from the date of advertisement

 

 

Position: Management Trainee or Assistant Manager- Information Technology(IT)

Minimum Experience

2 years

Functional Area

Banks / NBFs / Financial institutions

Educational Qualification

Degree (Computer Science/Engineering) or Degree with “Post Graduation or Diploma in Computer Application”
Skills Required Java development, Java scripting, Jasper Report, Oracle PL/SQL & forms developer, Oracle database/data mart & Migration acitivity. Understanding of Cloud function. Middleware exposure like Jboss & Weblogic. Operating system like Windows Server & Unix flavour system

Roles and responsibilities

  • • Managing the technology environment of the Organization
  • • Digitizing the entire gamut of operations. Cost reduction of operations by leveraging the digital shift.
  • • Select and implement suitable technology to streamline all internal operations and help optimize their strategic benefits.
  • • Design and customize technological systems and platforms to meet regulatory guidelines and business needs.
  • • Maintenance of the technological infrastructure (networks, software and hardware) in the organization to ensure optimal performance
  • • Analyse the costs, value and risks of information technology to advise management and suggest actions
  • • Ensuring compliance of technology related regulatory compliances.
  • • Generation of periodic standard/customized MIS reports
  • • Ensuring disaster recovery and effective business continuity planning.
  • • Ensuring periodic back-ups and storage of data for specified period.
  • • IT procurement and vendor management
  • • Any other duties/responsibilities that may be assigned by the Reporting Authority

Reporting Authority

CIO, CTO

CTC offered

Compensation will not be a limiting factor for the right candidate

To apply Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 21 days from the date of advertisement

 

Position: Company Secretary

Minimum Experience

6 years in Banks/NBFCs/Financial institutions

Functional Area

Banks / NBFs / Financial institutions

Educational Qualification

Company Secretary having membership no. from the Institute of Company Secretaries of India 

Roles and responsibilities

  • • Advising the Managing Director and the Board on various aspects of Companies Act 2013.
  • • Compliance as per Companies Act, 2013 and Applicable Rules 2014.
  • • RBI Compliances pertaining to Secretarial Function.
  • • Secretarial work of subsidiaries of SICOM Ltd.
  • • Assistance in conducting Board Meetings and processes.
  • • Formation of Committees and drafting the terms of reference of the Committees.
  • • Independent Directors, code of conduct and appointment.
  • • Appointment of Secretarial Auditor and Internal Auditor and defining their scope of work.
  • • Preparation of Board of Directors report to the shareholders.
  • • Assisting and advising various departments on issues related to the Companies Act 2013.
  • • Identify gaps, risks and mitigation of the same.
  • • Assist various functions in developing new methodologies and internal process initiatives.
  • • Setting forth policies, procedures and drafting Compliance Manuals/ SOPs, implementation and monitoring of the same.
  • • Monitor adherence to the applicable laws and regulations and policies and procedures including but not limited to directions of Reserve Bank of India and other concerned statutory and governmental authorities.
  • • Identify and assess the main compliance risk facing the SICOM and formulate the plans to manage them.
  • • To submit to the Board/Board Committee, quarterly and annual reviews on compliance preparedness of SICOM and steps if any, to be taken to make SICOM a fully compliant organization.
  • • To report promptly to the board of directors on any material compliance failure.
  • • Advising other departments on various regulatory issues/Disseminating information to various sections pertaining to regulatory updates as applicable and ensuring compliance.
  • • Assisting in undertaking compliance verification of processes/ regulations to understand the limitation, if any
  • • Any other duties/responsibilities that may be assigned by the Managing Director.

Reporting Authority

Managing Director

CTC offered

Compensation will not be a limiting factor for the right candidate

To apply Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 21 days from the date of advertisement

 

 

Position: Manager/Senior Manager-Treasury & Corporate Planning

Experience

10 to 15 years

Functional Area

Banks / NBFs / Financial institutions

Educational Qualification

CA/ MBA/MMS/PGDM(IIM’s only)/CFA(USA)/CMA 

Roles and responsibilities

  • Treasury Function
  • • Raising resources through various rated / unrated instruments at optimal cost as per the business plan
  • • Planning in advance for repayments / disbursements
  • • Daily cash flow management
  • • Ensuring timely servicing of liabilities 
  • • Deployment of surplus funds in permissible instruments 
  • • Asset liability management and filing of periodic Regulatory Reports
  • • To initiate rating of instruments and to address all data/ MIS required / queries raised by Rating agency
  • • Management of all investments of SICOM other than strategic investments
  • • Periodic updates to the Board/ALCO including MIS to management and regulator
  • • Preparation and updation of treasury policies and Standard Operating Proceedures (SOPs)
  • • Transfer pricing
  • • Taking steps to mitigate interest rate risk and liquidity risk.

  • Corporate Planning (CP)
  • • To assist the Head of Treasury & Corporate Planning in formulation of  annual and strategic business plan and policies for the organization. 
  • • To monitor progress of the plans with the objective to ensure the alignment between the developed business plan and company strategy.
  • • Finalization of Directors’/Chairman Statement and other concerned statements for Annual General Meeting/ Annual Report
  • • Any other activities assigned by the management

Reporting Authority

Head-Treasury & Corporate Planning

CTC offered

Compensation will not be a limiting factor for the right candidate

To apply

Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 15 days from the date (20/09/2019) of advertisement in newspaper

  

Position: Credit Head

Experience

Minimum 15 years of experience

Functional Area

Banks / NBFs / Financial institutions

Educational Qualification

 CA, CFA(USA), MBA, MMS (Finance), PGDM (IIM’s only) 

Roles and responsibilities

  • • Appraisal of new credit proposals with detailed analysis of promoters, business of the company, historical financial information, financial projections, industry / sector analysis, economic and policy environment and application of provisions of the Credit and related Policies of SICOM and directions and notifications issued by the Reserve Bank of India from time to time.
  • • Ensuring thorough due diligence of loan proposals with consideration of following  points:
  • • Meeting client with Business Development, Risk and Legal teams of SICOM for evaluation of loan proposals.
  • • Conducting detailed appraisal of the loan proposal including analysis of financial statements and projections, computation of ratio’s, assessment of repayment capacity, internal rating review, assessment of risks and preparation of the standard Credit Appraisal Memorandum for submission to sanctioning authorities.  
  • • Verifying MCA, Credit Bureau reports, litigations against company/promoters etc. through legal databases and feedback from the  legal Department
  • • Review of KYC, Related Party Transactions & identification of Beneficial Owners and Politically Exposed Persons.
  • • Verifying national / international crime database 
  • • Review of proposed exposures with Credit Policy norms and RBI Prudential Norms for exposure on borrowings and investments.
  • • Feedback from Legal department on Title Search and Valuation (if any), Bankers, Suppliers, Customers and other Lenders of the client. 
  • • Convening the Credit Committee Meeting and circulating the Credit Appraisal Memorandum to the Credit Committee and/or Board of Directors / sub-Committees of the Board of Directors.
  • • Issuing sanction letter to the client as per terms approved by the Credit Committee after incorporating terms specified by Legal Department. Modification, review and recovation of sanction letters as per approval of sanctioning authorities.
  • • Ensuring that the borrowers account is reviewed on a periodic basis by considering significant changes in financials, industry scenario, regulations, repayment patterns, security mortgage and performance of borrowers. 

Reporting Authority

Managing Director

CTC offered

Compensation will not be a limiting factor for the right candidate

To apply

Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 21 days from the date of advertisement in newspaper (Click Here for print Ad)

 

 

Position: Business Head

Applications are invited within 21 days from 10th May 2019. Candidates meeting the requirements below only need to apply.

Candidates meeting the requirements below only need to apply.

Experience

15-20 years

Educational Qualification

MBA/PGDM with specialization in Finance or CA (From Reputed College)

Roles and responsibilities of Business Head

  • • Must have 15-20 years of experience of handling various functions in a NBFC or Bank, such as Business development, Credit Appraisal, Credit Monitoring, Recovery, Treasury etc.
  • • Experience of business development by generating and developing leads as per product policies and norms, including generating business through new clients and existing borrowers with good track record
  • • Competition mapping – keeping track of competitors product offerings and innovations and providing inputs for new product development
  • • Development of new products/ aligning existing products in line with the market conditions including competitive landscape
  • • Appraisal of new credit proposals with detailed analysis of promoters, business of the company, historical financial information, financial projections, industry / sector analysis, economic and policy environment.
  • • Ensuring the due diligence of proposal
  • • Ensure smooth handholding between client and credit operation section up to sanction, acceptance and disbursement phase
  • • Ensuring that the borrowers account is reviewed on a periodic basis by considering significant changes in financials, industry scenario, regulations, repayment patterns, security mortgage and performance of borrowers.
  • • To ensure timely initiation of legal action in case of default in standard accounts.
  • • Management of all investments of SICOM other than strategic investments
  • • Raising resources through various rated / unrated instruments at optimal cost as per the business plan
  • • Periodic updates to the Board/ALCO including MIS to management and regulator
  • • Experience of managing and mitigating various risks such as Market risk, Credit Risk, Liquidity risk, Reputation risk, Legal risk and cyber risk.
  • • Any other responsibility assigned by the management

Reporting to

The Managing Director

CTC offered

Compensation will not be a limiting factor for the right candidate

To apply

Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 21 days from 10th May 2019