Senior Manager, Credit Oversight and Administration
2 months ago
Senior Manager, Credit Oversight and Administration
Location: Singapore
Company: United Overseas Bank Ltd
About UOB
United Overseas Bank Limited (UOB) stands as a prominent financial institution in Asia, boasting a vast network of over 500 branches and offices across 19 countries and territories in the Asia Pacific, Europe, and North America. Our operations in Asia are anchored by our headquarters in Singapore, complemented by banking subsidiaries in China, Indonesia, Malaysia, and Thailand, alongside various branches and offices.
With a rich history exceeding 80 years, we are driven by our core values — Honorable, Enterprising, United, and Committed. These principles guide us in making ethical decisions, building a sustainable future, fostering teamwork, and pursuing long-term success, ensuring we consistently deliver value to our stakeholders.
About the Department
The Group Technology and Operations (GTO) division is dedicated to providing comprehensive software and system development, IT support services, and banking operations.
We have centralized and standardized our technological components in Singapore, establishing a global framework that supports our regional subsidiaries and branches worldwide. This architecture enables us to deliver a secure and adaptable banking infrastructure across 19 countries.
Our Operations divisions are focused on delivering transactional customer services while emphasizing cost efficiency through process enhancements, automation, and streamlined processing.
Job Responsibilities
As a member of the Credit Administration & Reporting team, you will be responsible for ensuring compliance with credit regulations and monitoring excesses based on established limits. Your key responsibilities will include:
- Conducting limit oversight to ensure necessary approvals are secured for any excesses in line with the Bank's policies and guidelines.
- Executing marked-to-market (MTM) revaluation to confirm that approvals are obtained for any MTM excesses in accordance with the Bank's policies and guidelines.
- Verifying compliance with covenants as stipulated in the offer letter or facility agreement.
- Preparing regulatory and management reports while actively participating in process reviews and projects.
Job Requirements
- Strong understanding of FX and derivative products, including the types of limits and excesses, as well as relevant documentation such as ISDA Master Agreements.
- Proficient in analyzing financial statements, financial spreading, and financial ratios.
- Familiarity with MAS Notices related to credit and treasury.
- Excellent communication skills and the ability to collaborate effectively with stakeholders.
- A minimum of 3 years of experience in treasury and corporate credit is preferred.
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