Check the facility letters and related credit documentations;
Liaise with external / internal legal firm in relation to credit documentation, mortgage, ULI, company and high court searches, registration of charge and legal opinion in offshore companies;
Verify and exam the credit documentation being executed by clients;
Set up limit and maintain facility structure of facility client in various systems consistent with the approved credit proposal;
Prepare and review credit reports at pre-defined interval, surface any exceptional credit risk & irregularities to PWCS Head for further action;
Process and approve loan drawdown / payment / cust-out requests, and ensure client maintains sufficient credit limit and collateral surplus at all times and that all the unsettled transactions are taken into account before giving approval to proceed. Be able to flag out heightened risk to PWCS Head for close monitoring;
Maintain credit limit and credit risk class status in the system while acting as a dual control checker to ensure relevant approval authority has been received before effecting credit limit into the system;
On-going close monitoring of clients’ position, work with Credit Evaluation & Approval team to manage collateral shortfall / credit limit excess to achieve rectification progress; and escalate to higher level authorities for any irregularities / exception where appropriate;
Analyze the quality of the credit portfolio using stress test and negative NAV to assess the impact under unusual market conditions. Work with the Credit Evaluation & Approval team to carry out pre-emptive measures;
Responsible for all credit documentation related matters with close collaboration with Loan Operation team, Relationship Managers and OPC;
Prepare end-of-day Margin Call Position Summary for submission to the reporting line, provide recommendation to validate any extension requests from Relationship Manager;
Trigger issuance of margin call / liquidation letters where required, arrange sign-off, dispatch and file keep all related correspondence for audit trail;
Meet the requirements of audit, regulator, local laws staff has to be well-versed and comply with all the relevant bank policy, rules and laws in regard to credit facility, collateral pledging and credit documentation;
UAT participation on Credit related function and ongoing system enhancement;
Perform other duties as shall from time to time required or on project basis; back up for other team members including the Collateral Risk Management staff to be recruited.
Bachelor Degree or above in Banking & Finance / Accounting / Business disciplines
Minimum 3 – 5 years of related experience in credit approval, administration and documentations including Premium Financing and Properties, preferable in private banking
Good understanding of private banking business model and financial products
Proficiency in MS Office & Bloomberg; hands-on experience in VBA an advantage
We offer successful candidates an attractive remuneration package. For candidates who are willing to take up the challenge and build a bright career with us, Please forward your resume with a cover letter by fax or e-mail
The data collected would be used for recruitment purpose only. Applicants who are not invited for interview within six weeks may consider their applications unsuccessful.
We are a well established bank founded in 1933. Since 2008, the bank has become a member of the China Merchants Bank ("CMB") group, the sixth largest commercial bank by total assets in China and currently among the top 100 banks in the world. "United, Professional, Enterprising" (「團結、專業、進取」) are the essence of our corporate culture. Following the motto of "Progress with prudence, service with sincerity" (「進展不忘穩健 服務必盡忠誠」), the Bank provides comprehensive banking service to customers.
We are determined to offer our staff a platform with diversity for their personal growth and career development. We treasure talent and reward them for the values they create with their professionalism, proactiveness, creativity, teamwork and commitment to thrive for excellence.
To cope with our business expansion, our Bank is inviting high calibre candidates to apply for the following position:-