Executive, Loan Documentation
4 days ago
**Job Scope**
- Review of draft / executed financing documents such as letters of offer & security / mortgage documents, validate draft financing and security documents against approvals, post acceptance documentation checks, preparation of instructions to lawyers / valuers / insurers and etc.
- Perform the daily BAU operations by supporting Business Unit’s post approval documentation processes till redemption / full repayment.
- BAU duties include review of executed financing documents (both conventional and Islamic) including letters of offer & security documents, validate draft facility and security documents against approvals, updating of registers, redemption of facilities and other ad hoc duties.
- Liaise with Business Units and external parties such lawyers / valuers / insurers.
- Perform checks to ensure legal and security documentation are completed, conditions precedent is fulfilled prior to activation of credit facilities, monitoring of conditions subsequent and ensure that the legal and security documents are being custodized.
- In charge of preparing letters / reports, updating of registers and custodians of documents.
- Manage day-to-day business transactions to ensure that the agreed turnaround time with the business is met.
- Ensures accuracy, efficiency and meets the agreed turnaround time with the Business Units while minimizing operational risks and losses.
- Able to contribute to process improvements and participate in ad-hoc projects
**Requirements**:
- Diploma/ Degree in any discipline
- Meticulous, organized and a team player
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Singapore Executive Access Full timeMy client is a regional bank with strong presence across the region. They are seeking a loan administration professional to join them to cover the following responsibilities - Review legal documentation under bilateral and syndicated credit facilities and facility letters - Accurately interpret credit agreements to determine allowance of requested...
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