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Associate, Loans Operations

Job Seekers Singapore Banking Operations Financial Services - Banking

Job Summary

  • Singapore
  • Permanent
  • BBBH772488
  • Dec 30, 2020
  • Competitive
Job Description

This will be a permanent Loan Operations opening in a Corporate Bank, supporting and monitoring the transaction flow for the lending business.

Responsibilities

  • Responsible for all mid-office lending activities in (complex/non-standard) domestic & international bilateral and syndicated credit facilities
  • Determination, registration and monitoring of transactions, including in agent role, in applicable risk monitoring and reporting systems
  • Performance of legal checks, verification of drawdown & payment requests, monitoring of credit limits, outstanding and availability under the credit agreements
  • Determines and instructs applicable funding needs for involved transaction
  • Communicates in all aspects to internal and external clients and stakeholders
  • Liaison with front office and risk management to advise and structure tailor made transactions
  • Understands all relevant operations aspects of these transactions related to the Risk, Finance, Payments and Financial markets function
  • Responsible for developing and implementing the most efficient operational processes for tailor made deals, in cooperation with the Front Office and Risk Management
  • Participates in interdepartmental projects and executes tasks like drawing up test plans and participation in development and test path of the applicable Lending system
  • Monthly reporting of suspense and financial covenants
  • Regulatory reporting of MASTOP100 and MAS610 H Form

Requirements

  • A Diploma/Degree in Business Administration, preferably major in Banking & Finance with at least 2 years work experience in the banking industry
  • Well-versed in lending middle office operations as well as familiar with the related front to end workflows essential
  • Strong background knowledge of Facility Agreements and demonstrated ability to integrate terms into specific system conditions
  • Background in the administration of lending Financial Covenants
  • Strong analytical and problem-solving skills essential
  • Good communication skills, both verbal and written
  • Strong finance & accounting background with hands-on experiences advantageous
  • LOANIQ system knowledge preferred
  • Knowledge in SWIFT payment process would be advantageous

Interested applicants please apply here with your updated CV

Morgan McKinley Pte Ltd, EA License No: 11C5502

Lee Boon Hou (Hagen), Registration No: R1870932

hlee@morganmckinley.com

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Consultant Details

Consultant Details

Hagen Lee
Hagen Lee
  • Senior Consultant
  • +65 6818 3140
  • hlee@morganmckinley.com