Credit Services Officer
3 weeks ago
Responsibilities
- Ensure timely, accurate and effective credit administrative support to Group Wholesales Banking in granting credit facilities (bilateral / syndicated loans) which includes the following areas:
- Implementation / restructuring of credit facilities
- Disbursement of loans
- Redemption of loans
- Annual review of the legal documentation for credit facilities
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
- Contribute to process improvements and quality projects to enhance productivity and improve service
- Conduct regular review on operation process/workflows, update the control procedures manual and assist in ad-hoc projects, if necessary
- Assist in collating MIS data
- Assist in reporting to Regulatory bodies
Qualifications
- University degree or Poly Graduate or Diploma Holder
- Well verse in credit administration functions including:
- Minimum 5 years extensive experience in legal documentation review for large corporate banking lending business prepared by both in-house (Letter of Offer) and external legal counsels (Facility Agreement)
- Functional area:
- Shipping / Aircraft financing
- Property financing
- Project financing
- Conglomerate financing
- Commodities financing
- Sustainable financing
- Acquisition financing
- Familiar with regulatory requirements – e.g. MAS637, MAS757, S35, S29
- Product domain
- Loan
- OD
- Trade Finance
- Supplied Chain Products
- Treasury
- 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
Treasury
Microsoft Office
Stress
Property
Loans
Administration
Trade Finance
Adaptability
Aircraft
Administrative Support
Banking
Team Player
Regulatory Requirements
Restructuring
Shipping
MIS
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