· Client Services responsibilities include but are not limited to the following:
- Ownership of a portfolio of loans and bonds from a BAU perspective.
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- Documentation review for all BAU matters
- Maintain and build on Borrower relationships. Actively call on clients to discuss service levels and opportunities
- Represent creditors security interests
- Act as a conduit between finance parties representing lenders
- Track Obligor information undertakings, circulate to creditors (deliverables)
- Collaborate with management to bring ideas and suggestions for best practice
- Consents, Waivers & Amendments
- documentation review & negotiation of finance documents with counsel
- creditor outreach & facilitate questions on the request
- maintaining a creditor consent register and provide updates on consent threshold
- executing amendment documentation and circulate to creditors
- instruct OPS to implement amendments on internal operating platforms.
- Obligor accessions
- documentation review & negotiation of finance documents with counsel
- creditor outreach & facilitate questions on the request including KYC
- monitor KYC sign off from creditors
- Liase with KATS KYC team to onboard new obligors
- Executing accession documentation and circulate to creditors
- Take additional security where applicable
- Creditor Accessions
- Review and execution of accession documentation (usually scheduled to ICA)
- Prepayments / repayments
- Review and execution of release documentation and pay-off letters
- Coordinate to finalise pay-off amounts
- Process accordions, upsizes & incremental facilities
- documentation review & negotiation of finance documents with counsel
- monitor CP’s
- coordinate KYC requirements for new Borrowers / lenders
- coordinate closing / funding for drawdown
- Check payment files and release funds for BAU drawdowns and full repayments
- Security / collateral
- Hold security over borrower / obligor assets for benefit of the creditors
- Facilitate taking new security and releasing existing security
- Review and execution of security documents
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