Senior Credit Administrator

Job Overview:

The Team Lead, Credit Administration position plays a pivotal role in ensuring that proposed credit facilities and conditions align with the bank's policies, guidelines, and legal requirements. This role demands strong analytical skills, attention to detail, and excellent communication skills.

• To ensure proposed credit facilities/conditions adhere with the bank's policies, guidelines, conditions of approvals and legal requirements
• Preparation of facility and credit documents such as facility letters, standard bank forms and legal documents for borrowers execution
• Checking and review of conditions precedent for credit documentation and ensuring compliance of these conditions prior to activation of facility limits
• Monitoring and tracking of outstanding, expiry and renewal of credit documents, insurances valuation reports and credit & loan covenants
• To work with business units, legal counsels, credit and policy owners to resolve documentation matters
• Liaising with legal counsel for repayment, redemption and cancellation of facilities to ensure smooth completion of documentation
• Attending to requests from Credit and Business Units for retrieval of executed documents
• Update and System Maintenance of credit review date, Borrower information and details such as classification of Borrowers
• Ensure effective control of all areas and monitor the accuracy and efficiency of daily operations
• Manage and approve day-to-day limits management of drawdowns, such as limit activation/maintenance, earmarking of collaterals, foreign currency drawings and repayments
• Ensuring prompt payment of legal fees, insurance premium and valuation fees
• Provision of Pre and Post Disbursement Documentation checklist to CED for annual review
• UAT testing and spearheading of on-going projects such as Omnibus Financing
• Conduct review of panel of valuers and Insurers on annual basis with the relevant stakeholders
• To operationalize new processes with regards to changes of new products and services
• Preparation of monthly Credit Committee meeting pack

Key Responsibilities:

• Review implementation and control of acceptable collateral, cap price, single counter limit ad grandfathering of shares
• Review and monitor margin call, excess collateral shortfall, overdue instalment, and other credit exceptions and track for ratifications and approval
• Review and monitor outstanding documentations, special covenants and conditions for compliance
• Review and monitor compliance with regulatory limits

Loan Operations:

• To monitor and provide guidance to the loan processing such as new loan drawdown, loan rollover, loan prepayment and repayment to ensure transactions are processed timely and accurately
• To monitor and provide guidance on loan administration such as verification of authorized signatories, repayment schedules, fee calculation, loan collection and loan restructuring etc
• To monitor and provide guidance for fee collection, issuance loan advices, cashier's orders, fee advices, audit confirmations, annual loan interest statements and other ad-hoc requests from customers/RM
• To monitor and perform checker's role and authorization for other team members' inputs where required to ensure accuracy and timely in processing/settlement of the transactions

Compliance:

• To be familiar with local law and regulation and ensure compliance to rules and regulations in terms of documentation and reporting
• To ensure that Credit Admin SOP (Standard Operating Procedure) is up to date

Audit:

• Preparation and checking of documentation for Audit and handling of audit issues and queries
• To achieve satisfactory results in internal and external audits
• To rectify issues identified during the audit within the time frame stipulated by Audit and to ensure that there are no repeated exceptions

Requirements:

• Minimum Bachelor's degree in any commerce related field
• Minimum 10 years' relevant credit administration experience