
AVP/VP, Documentation Specialist, Corporate Credit Admin - Business Banking Credit Administration
Salary undisclosed
Checking job availability...
Original
Simplified
- Ensure timely, accurate and effective credit administrative support to Group Wholesale Banking (GWB) in granting credit facilities (bilateral / syndicated loans) which includes the following areas:
- Verify approvals are in accordance with Credit Policy’s Lending Authority Limits
- Ensure conditions of approvals, loan documentation comply with terms of approval prior to implementation/disbursement of facilities
- Adhere to documented procedures, control guidelines, policy, and compliance framework
- Ensure covenants, exceptions are logged, monitored & followed-up and through
- Work with relationship managers, risk managers, policy and internal legal on loan documentation matters
- Implement facility limits, maintain accurate credit documentation and transaction records
- Provide instructions and liaise with downstream to setup loan account and tranche for disbursement
- Attend to business partners’ queries & requests timely
- Undertake coordinator role for the Department’s business continuity plan and other risk related functions
- Perform periodic risk controls self-assessments
- Conduct regular review on operation process/workflows, update the control procedures manual and assist in ad-hoc projects, if necessary
- Contribute to process improvements and quality projects to enhance productivity and improve service
- Assist in collating MIS data
- Assist in reporting to Regulatory bodies
- Bachelor’s degree from a reputable university (Singapore or overseas)
- Minimum 10 years extensive experience in Credit Administration and Legal Documentation review for large corporate banking and medium-sized business banking lending business
- Experience in preparing in-house (Letter of Offer) and external legal counsel documentations (Facility Agreement)
- Functional knowledge includes:
- Familiar with regulatory requirements including MAS637, MAS757, S35, and S29
- Extensive product domain including:
- Analytical with a keen eye for details, neat and meticulous
- Pro-active, good interpersonal and communication skills
- Able to work under stress and adaptability to changes
- Good team player and able to motivate team members to meet/exceed expectations and manage team efficiency
- Proficient in the use of various Microsoft Office applications
- Able to initiate/manage process improvements to improve staff productivity or service satisfaction
- Action Oriented: take on new opportunities and tough challenges with a sense of urgency, energy, and enthusiasm
- Collaborates: build partnerships and working collectively with others to meet shared objectives
- Courage: step up to address difficult issues and say what needs to be said (speak-up)
- Relationship Focus: build strong business and customer relationships and deliver customer-centric solutions
- Instills Trust: gain confidence and trust of others through honesty, integrity, and authenticity
- Nimble Learning: active learning through experimentation when tackling new problems, using both successes and failures as learnings
- Decision Quality: make sound and timely decisions to keep the organization moving forward
- Drives Vision & Purpose: paint a compelling picture of the vision and strategy that motivates others to action
- Gives Clarity & Guidance: provide direction, delegation, and removing barriers
- Transformation Mindset: embrace and manage change management projects to improve operations excellence, service quality, and client experience
- Risk Management: protect the organization from financial, operational, regulatory, and reputational risk
- Ensure timely, accurate and effective credit administrative support to Group Wholesale Banking (GWB) in granting credit facilities (bilateral / syndicated loans) which includes the following areas:
- Verify approvals are in accordance with Credit Policy’s Lending Authority Limits
- Ensure conditions of approvals, loan documentation comply with terms of approval prior to implementation/disbursement of facilities
- Adhere to documented procedures, control guidelines, policy, and compliance framework
- Ensure covenants, exceptions are logged, monitored & followed-up and through
- Work with relationship managers, risk managers, policy and internal legal on loan documentation matters
- Implement facility limits, maintain accurate credit documentation and transaction records
- Provide instructions and liaise with downstream to setup loan account and tranche for disbursement
- Attend to business partners’ queries & requests timely
- Undertake coordinator role for the Department’s business continuity plan and other risk related functions
- Perform periodic risk controls self-assessments
- Conduct regular review on operation process/workflows, update the control procedures manual and assist in ad-hoc projects, if necessary
- Contribute to process improvements and quality projects to enhance productivity and improve service
- Assist in collating MIS data
- Assist in reporting to Regulatory bodies
- Bachelor’s degree from a reputable university (Singapore or overseas)
- Minimum 10 years extensive experience in Credit Administration and Legal Documentation review for large corporate banking and medium-sized business banking lending business
- Experience in preparing in-house (Letter of Offer) and external legal counsel documentations (Facility Agreement)
- Functional knowledge includes:
- Familiar with regulatory requirements including MAS637, MAS757, S35, and S29
- Extensive product domain including:
- Analytical with a keen eye for details, neat and meticulous
- Pro-active, good interpersonal and communication skills
- Able to work under stress and adaptability to changes
- Good team player and able to motivate team members to meet/exceed expectations and manage team efficiency
- Proficient in the use of various Microsoft Office applications
- Able to initiate/manage process improvements to improve staff productivity or service satisfaction
- Action Oriented: take on new opportunities and tough challenges with a sense of urgency, energy, and enthusiasm
- Collaborates: build partnerships and working collectively with others to meet shared objectives
- Courage: step up to address difficult issues and say what needs to be said (speak-up)
- Relationship Focus: build strong business and customer relationships and deliver customer-centric solutions
- Instills Trust: gain confidence and trust of others through honesty, integrity, and authenticity
- Nimble Learning: active learning through experimentation when tackling new problems, using both successes and failures as learnings
- Decision Quality: make sound and timely decisions to keep the organization moving forward
- Drives Vision & Purpose: paint a compelling picture of the vision and strategy that motivates others to action
- Gives Clarity & Guidance: provide direction, delegation, and removing barriers
- Transformation Mindset: embrace and manage change management projects to improve operations excellence, service quality, and client experience
- Risk Management: protect the organization from financial, operational, regulatory, and reputational risk