Automotive Loan Processing Specialist

4 days ago


Singapore DBS BANK LTD. Full time

**Job Overview**

DBS BANK LTD. is seeking a highly skilled Automotive Loan Processing Specialist to join our team in Singapore. As an integral part of our operations, you will play a crucial role in ensuring the smooth processing of auto loans.

**Responsibilities:**

  • Perform technical verification functions for auto loan applications, checking and verifying customers' income documentation proof, compliance with relevant regulations, and other necessary requirements within specified performance standards in turnaround time and accuracy as determined by the bank.
  • Verify the accuracy of data entry in the bank's systems, including derivation of income and other amounts necessary for the loan application.
  • Collaborate closely with business partners and communicate effectively with them to ensure full and proper submission of all necessary documents, KYC, and other supporting documents or information necessary for each loan application.
  • Conduct thorough checks and verifications of all documents and other necessary functions in the processing of auto loan applications for pre-disbursement within specified standards of quality and turnaround time.
  • Conduct necessary searches to ensure that all newly pledged vehicles are still under registration and that used cars proposed as securities are not under any financing or encumbrance(s).
  • Perform post-disbursement functions related to auto loans.
  • Participate in auto loan digital projects and other initiatives, including testing, development, and maintenance of new and existing systems.

**Requirements:**

  • Diploma/Degree in any discipline with 2 years of experience in operations preferred.
  • Meticulous attention to detail, knowledge of data analytics, and project management would be a plus.
  • Sound understanding of financial services, knowledge in car financing, and relevant banking regulations.
  • Proficiency in MS Office applications, particularly Microsoft Excel.
  • Meticulous and detailed-oriented, organized with good problem-solving skills.
  • Hard-working, self-motivated, and a strong team player who takes initiative.
  • Good interpersonal and communication skills.
  • Able to work effectively under pressure and minimum supervision.

**Benefits:**

  • We offer a competitive salary ranging from SGD $45,000 to SGD $60,000 per annum, depending on experience.
  • A comprehensive benefits package, including medical insurance, retirement plans, and paid leave.
  • Opportunities for professional growth and development in a dynamic environment.


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