Loan Operations Specialist: Driving Efficiency in Credit Facilities Management
1 week ago
We are a leading financial institution dedicated to providing exceptional loan operations services. Our team of experts works tirelessly to ensure seamless and efficient credit facility management.
Job SummaryWe seek an experienced Loan Operations Specialist to join our team in Singapore. The successful candidate will be responsible for managing day-to-day loan operations activities, ensuring timely and accurate processing of loan disbursements, rate-fixing, and other related tasks.
Key Responsibilities:- Manage daily loan operations activities, including the processing of loan disbursements, rate-fixing, and preparation of funding advice.
- Implement credit limits in systems and conduct daily reconciliation of nostro accounts.
- Prepare SWIFT payments and report overdue collections, portfolio, and management reports.
- Provide support for legal documentation on credit facilities, including the preparation of facility letters and other security documents.
- Manage data and communicate information for Head Office and local regulatory reporting.
- Maintain a diary for covenants and collateral monitoring.
- Support Asian Branches as a regional hub for Loan Administration.
- Drive process improvement, efficiency projects, and cost-saving initiatives.
- A minimum of 5 years of hands-on experience handling loan operations for bilateral and syndicated credit facilities.
- Essential knowledge of loan documentation and a strong risk awareness.
- Meticulous, accurate, timely, and reliable in loan processing with good communication skills and proficiency in written English.
- Ability to adapt to a fast-paced and dynamic working environment, multitask, and handle work pressure.
The estimated salary for this role is around SGD 80,000 - 120,000 per annum, depending on experience, plus benefits and bonuses.
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