Job ref no.: CT3123872-01#2130

LOAN ADMIN/ CREDIT OFFICER (CONTRACT)

HR-Pro Recruitment Services Pte Ltd

Job Description:

  • Liaise with the Bank’s external lawyers on credit facilities legal documentation, including non-standard form facility and security documents, redemption etc.
  • Review and ensure completeness of loan documentation in accordance with approved terms and conditions, including First Party Deed of Charge, Deed of Set-off, FX Agreements, Performance Bond format etc.
  • Prepare credit facility Letters of Offer, review Board of Director’s Resolution and verify credit documents are in order
  • Ensure all conditions precedent are met before setting facility limits in T24 and subsequent drawdown
  • Follow up with Relationship Managers on any outstanding documentations and conditions. Check and review loan memos as put forth by RM
  • Maintain all credit files and control movements of the files. Ensure required credit/collaterals /security documents are received and kept in locked fireproof cabinet. Perform regular physical checks on collateral documents
  • Prepare monthly, quarterly MAS and Head Office Reports
  • Maintain and check all Borrower and FI limits and collaterals are updated in T24, and facility utilization is within approved limits. Setting country limits and industry limits in T24 as approved by ALCO. Assist in system UAT for loans and limits
  • Collaborate with relevant internal stakeholders to establish and maintain private banking credit policy and procedures
  • Be responsible for the setup and daily credit operations of private banking secured loan products, mainly mortgage real estate lending and investment portfolio financing
  • Review and approval of PB customer credit applications, ensure approvals are in compliance with internal credit policy and procedures, approved terms and conditions as well as local regulations
  • Post-lending monitoring of credit limits, facility utilisation, margin requirements, and collateral quality and portfolio performance
  • Liaise with IT and operations team on credit related system requirements and operational matters

Requirements:

  • Degree in Business or Finance
  • Min. of 5 years of Corporate Banking Loan Admin Experience
  • Preferable with Private Banking Credit Experience
  • Self-starter, mature and good understanding of the businesses, risk, operational and regulatory requirements
  • Proficient in both English and Chinese as liaising with Chinese clients is required

Salary: $5,000 to $6,000 Per Month

 

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More job information
Job ref no. CT3123872-01#2130
Salary
Job Function
Industry
Employment Term
  • Contract
  • Full-time
Experience
  • 5 years - 10 years
Career Level
  • Entry level
Education
  • Degree
  • Master's degree