Front Office Associates

6 days ago


Singapore THE KOREA DEVELOPMENT BANK Full time

**Associate Relationship Manager (Loan Business & Trade Finance)
**Main Function of Job**
**- Develop and manage bilateral or syndicated lending opportunities or trade finance transaction opportunities; and take responsibility of loan and trade finance administration.
**Key Tasks
**1. Loan Business
**1.1. Manage all aspects of work for loan and trade finance process**

**a) Negotiate and Finalize Terms and Conditions of loan with clients**

**b) Prepare for internal credit rating**

**c) Use KDB Head Office internal loan approval system (KUPID) and credit rating system**

**d) Prepare for pre-review report of credit**

**e) Organized Branch Credit Review Committee to get credit approval**

**f) Review legal documents given by legal counsels**

**g) Prepare drawdown review to release funds**

**h) Regularly monitor and update customers’ financial positions, business status and conduct of account**

**i) Conduct KYC for new-to-bank customers and support Due Diligence review for KYC officer in accordance with MAS regulations**

**j) Documentation with regards to regulatory requirements in Korea
**1.2. Conduct reporting and administration duties for all aspect of loan business
**1.3. Liaise with other departments of KDB Head Office on all matters of credit approvals, credit ratings and risk management and prepare a report on those matters
**1.4. Prepare HQ and Branch reports
- Branch level
**i) URCF Maturity Report every quarter**
**- Head Office Level**

**ii) Quarterly Credit review report**

**iii) Credit Line Report
**2. Trade Finance
**2.1. Deal Origination and Negotiation
**a) Regularly contact FIs and corporate clients to find out the potential trade finance transaction opportunities for the following products:
**L/C (Letter of Credit) and L/C related products**

**Financial Institution(FI) RP (Risk Participation)**

**FI Trade Loan**

**UPAS (Usance Payable At Sight)**

**Forfaiting**

**Corporate Risk Products (Supply Chain Financing, etc.)**

**Unfunded Transactions**

**Other Structured Products
**b) Negotiate & finalize terms and conditions of the products with the clients
**2.2 Preparation For Credit Approval & Liaise with Head Office**

**b) Cooperate with Credit Officers in Singapore Branch, Asia Regional Head Office, and Head Office according to the credit approval authority**

**c) Liaise with Trade Finance Department and other department of KDB Head office on all matters of trade finance and prepare a report or memo
**2.3 Pre-Transaction Preparation & Documentation**

**a) Prepare for the transaction agreement related to trade finance products**

**b) Review & finalize counterparty’s documents for the transaction**

**c) Conduct KYC for new-to-bank customers and support Due Diligence review for KYC officer followed by MAS regulations**

**d) Check RMA status for new FI clients and if necessary proceed with new RMA**

**e) Prepare for drawdown review to release funds before the execution date
**2.4 Execution of the Transactions**

**a. Check the current status in the execution of the transactions**

**b. Support Operation Team members when new issue comes up for the transaction
**2.5 POST-TRANSACTION FOLLOW-UP**

**a. Regularly monitor and update entities’ financial positions, business status and conduct of account**

**b. Update clients’ database information**

**c. Develop and update work manual
**3. Required Skills**
***:

- Bachelor’s degree in Finance, Economics, Business/Commerce, Accountancy**
**- Full professional proficiency in English**
**- Some exposure to Corporate Banking or Trade Finance will be a plus**
**- Strong Excel, Word & Powerpoint skills**
**- Good team player
Interested applicants are invited to submit their resume via '' **APPLY **'' Button.



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