Job ref no.: CT3116513-01#1739

Assistant Manager - Loan Services

BNP Paribas

About BNP Paribas in Asia Pacific (www.apac.bnpparibas)

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.


Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.


BNP Paribas offers you an exciting career opportunity in an international, challenging business environment characterized by high pace and diversity with focus on creating valuable relations with our customers. We offer a competitive salary & benefits package and also an excellent work environment where you're valued as part of our team!

  • excluding partnerships

Position Purpose

The position is located in Hong Kong and reports to Head of Loan Services APAC or delegated Loan Documentation Team Manager. The candidate will be assigned to following responsibilities:

Direct Responsibilities

Contracting

  • Prepare and issue banking facility letter and related security documents under standard uncommitted bilateral facilities for Commodities Finance clients.

Obtain Legal Department’s validation when dealing with committed facility (ies) and or in case of any amendment under facility letter and security documents.

  • Perform first level conformity checks, post execution, on the facility and security documents under standard uncommitted bilateral facilities.

In case the loan agreement and security package are prepared by External Legal or Facility Agent for syndicated loan, a check on the exhaustiveness and completeness of the executed documents is required.

  • Input of the guarantee data in the Guarantee Received Inventory Template and keep up to date the Inventory Template for all credit facilities (bilateral and syndicated, uncommitted and committed, all Business Lines with financing activities).

Implementation

  • Ensure satisfaction of condition precedent and internal guideline before disbursement for facilities and escalate to Management in case of deviation to the credit committee decision.
  • Follow up all security documents with expiry dates with Business Lines and Issuing Bank (including obtain bank line for renewal for securities).
  • Fees management: calculation, collection and payment of fees
  • Scan and upload of banking facility letter and security documents to department drive.
  • Handle all registration and filing security documents.
  • Follow up the receipt of title deeds for newly mortgaged properties.
  • Input of the covenants in the bank’s system and computation of the covenants on periodic basis

Maintenance

  • Obtain verbal and written valuations for mortgaged properties.
  • Review tenancy agreement and liaise with Business Line for new and renew insurance policies.
  • Follow up the audit financial statement from Business Line for both customers and guarantors on a regular basis.
  • Prepare letters/tested telex (using swift alliance) to release liabilities of the guarantors/SBLC/Bank Guarantee.
  • Issue demand letter or claim on Accreditif/SBLC/Bank Guarantee/security documents with expiry date using tested telex.
  • Handle court orders and enquiries from government officials.
  • Issue freeze account memo to various departments for winding up cases (including cross checking among team members).
  • Perform audit confirmation for Business Lines (Commodities Finance, Corporate Coverage HK, MNC and Supply Chain Management).
  • Perform document in vault and filing for all Business Lines in Hong Kong (Commodities Finance, Corporate Coverage HK, MNC, Supply Chain Management and Investment Banking).

Contributing Responsibilities

  • No operational loss incurred by the Bank due to incorrect 1st level documentation checks and omission to renew the received guarantees and securities.
  • Direct contribution to BNPP operational permanent control framework.
  • Comply with regulatory requirements and internal guidelines.
  • Participate to BCP.

Technical and Behavioral Competencies required

Technical


  • Excellent command of MS Office (Word+ Excel+ PowerPoint)
  • Planning & Organization skills (setup and follow schedules)
  • Proficient in English. Good oral and written English communication skills with internal and external clients.

Behavior


  • Work under pressure
  • Accurate and attention to details
  • Committed and Motivated by a strong sense of accountability and care about delivering.
  • Team player and Collaborative

Competencies

  • Diploma or degree holder
  • Strong knowledge in Trade Finance Products and Trading mechanism, Letter of Credit and UCP 600
  • Minimum 5 years of relevant working experience in a credit and legal documentation team
  • Experience in syndication loan documentation is a requirement

 

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More job information
Job ref no. CT3116513-01#1739
Salary
  • N/A
Job Function
Industry
Employment Term
  • Contract
  • Part-time
  • Full-time
Experience
  • 5 years - 9 years
Career Level
  • Entry level
Education
  • Diploma or equivalent