Analyst, Lending Services

Requisition ID: 202961

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

**Purpose**
Contributes to the overall success of the Loan Servicing in Asia Pacific (APAC) ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures

**Accountabilities**
- Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
- Mentor and coach new/ existing staff within GWO on the systems and nest market practices pertaining to lending servicing
- Investigation of the Nostro account breaks and ensure the break is resolved in timely manner
- Coordinate team activities and coach on technical aspects of work to meet daily schedules
- Understand interdependencies across related teams and leverages that understanding to ensure targeted results
- Supervise ongoing work and get actively involved, as required, to meet schedules, resolve issues and ensures service level agreements and quality standards are met
- Champion a high performance environment and contribute to an inclusive work environment
- Singapore (APAC Loan hub country) - Supervise and Perform loan accounting/processing duties, covering 3 entities (Singapore, Hong Kong and Australia Branch)
- Receive instructions from Borrowers/Agent banks/Credit Administration/Credit Execution/RM department to prepare for upcoming transactions.
- Set up new loan facilities and maintain existing facilities in LoanIQ as per the authorization from front office.
- Check terms and conditions for drawdown as per the Limit Input Form & ensure proper disbursement instructions are received and set up in LoanIQ before a transaction is executed
- Prepare/ releases transactions in LoanIQ for all loan transactions including drawdown, rollover, repayment, fee payment, prepayment and etc.
- Prepare/ release notices in LoanIQ to borrowers and follow up with Agent banks for the collection of interests, fees, repayments and etc
- Ensure all outbound payments are completed before agreed timeline between the bank and borrower/ agent bank
- Ensure all scheduled transactions are prepared and released in timely manner
- Follow up all non-receipt items and escalate to Management for advice/action.
- Support stats/ report preparation for internal/ regulatory requirement
- Performing all other duties as assigned

Primary Manager: Assistant Manager, GWO Lending Services-Singapore

**Education / Experience / Other Information**
The incumbent is required to possess a sound knowledge of the loan processing functions and is able to differentiate the various types of loans based on the Loan Agreement in order that a high standard of loan service is maintain at all times. Familiarize with the nuances / knowledge in order to process loans from the respective APAC countries.

He/she requires a thorough knowledge of the Bank's accounting policy pertaining to loan servicing and good knowledge on payments.

Knowledge/ experience in LoanIQ is preferred.

Location(s): Singapore : Singapore : Singapore

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.