Vasant Goswami
Transaction Manager @Citi India
Signup · Get unlimited contacts
WORK HISTORY
Transaction Manager @Citi India
Experienced in covenant processing for bilateral and syndicated loan operations, with expertise in extracting covenant terms from loan documents/credit agreement, validating financial ratios, marking covenant status, and reporting exceptions. Skilled in coordinating approvals for breaches, waivers or default while ensuring high accuracy, SLA adherence, and data integrity.1. Covenant Review & ProcessingReview loan/credit agreements, amendments, waivers, and related legal documentation.Identify applicable financial covenants, their thresholds, test periods and requirements.Analyse submitted compliance certificates and borrower financials.Validate covenant calculations such as DSCR, FCCR, Leverage Ratio, Fixed Charge Coverage, etc.Mark covenant status as Compliant/Non-Compliant based on supporting documents.2. Data Management & System UpdatesUpdate covenant details, test periods, pricing grids, and waiver information in internal systems (e.g, Lynx, loan ops tools).Maintain audit trail of covenant review, documents and approvals.Ensure timely uploading of certificates and documentation for future audits.3. Stakeholder CoordinationLiaise with Onshore Teams (US/UK/Europe depending on region) for clarifications.Follow-up with relationship managers or deal teams for missing documents/inputs.Communicate covenant breaches and request default letters/approvals for waivers.4. Reporting & EscalationTrack upcoming covenant due dates and ensure timely processing.Prepare breach reports, exception logs and summary dashboards.Escalate potential risks or policy deviations to respective stakeholders.5. Compliance & Quality ControlEnsure reviews adhere to internal policy and SLA timelines.Verify interest rate grids, margin changes, and post-close covenant setup.Conduct QC checks for version upgrades and documentation accuracy.
EDUCATION
Our Lady of Grace Trusts St.Gonsalo Garcia College of Arts and Commerce Behind Bassein Cricket Ground Near Bassein Bus Depot Bassein 401 201
Bachelor In Financial Market, Finance and Financial Management Services
ABOUT VASANT GOSWAMI
Transaction Manager, Global Loans - Citi | Ex M&G Global Services | Ex J.P. Morgan | Ex State Street Corp | Ex TCS |
This profile is compiled from publicly available professional sources. Unifers is not affiliated with or endorsed by LinkedIn. Request removal of this profile.