AVP, Securitsation Group, Specialised Product Asia Pacific

Job Purpose

The primary responsibility of this role is to support and assist the Securitisation (SSG) business in APAC region in respect of regulation/law and compliance.

This position will require to support transactions and team operations with necessary knowledge and proactive action to comply with regulation, law and compliance overall APAC region such as Singapore, Australia, Korea, India and so on.

Also, this position will look over the group process, and set up/update the procedure and operation flow in order to make the business efficient.

Business Functional Goals, Risk & Compliance Goals

Compliance, Administration and Internal Processes(40%)

• To investigate and check regulatory requirement and do necessary reporting for new projects/initiative
• To understand and maintain internal compliance requirements.
• To set up necessary operation/business flow to follow regulation/law
• To educate the group member to have necessary knowledge and enhance their capacity on regulation and compliance
• To comply with regulatory, company and branch policies and procedures.

Risk Management (20%)

• To analyze credit risk in underlying asset and structure of the transactions and apply the credit monitoring and application.
• Monitor the portfolio and take necessary actions on potential deterioration on the credit.
• To ensure risk management frameworks, policies and procedures related to our business.

Financial Performance & Business Goals (20%)

• To achieve its financial & non-financial performance target in accordance with the company's risk management and compliance policies and standards.
• To promote securitisation and structured finance related business including marketing, origination and distribution.
• Manage closing and on-going process on respective transactions.
• Preparation of term sheets, offer letters and financing proposals
• Documentation due diligence reporting;
• Review loan documents and security documents and liaise with legal counsel;
• Review due diligence reports and other independent third party reports necessary for the distribution of loan products.
• To conduct research and generate report as per management's requirement.
• Any other tasks assigned by your manager

Client Service Management (Internal/External) (20%)

• Coordinate with branch, other officers of SPDA, related departments of SMBC Head Office and other branches or SMBC group companies to provide value-added services to clients.
• Research in market, laws & regulations in related business area, and provide necessary information to relevant parties.
• Undertake other tasks assigned by the management, including new project, new product development and process improvement.
• To work together as "TEAM SMBC/SMFG" to achieve the highest level of trust and service to our clients, colleagues and other stakeholders.
• Collect necessary data and information to support marketing and execution of transactions.

Job Requirements

• Bachelor's / Master's degree in Law desirable.
• Licenced attorney (admitted to practice law).
• At least 5 years' experience in regulation/law and compliance or related areas overall APAC region such as Singapore, Australia, Korea, India and, etc.
• Familiarity or exposure to financial products such as Bond, ABS, RMBS, CMBS, CLOs, CLNs, CDS, repacks, synthetic structures, derivatives desirable.
• Some in-house experience in Legal firm, securities firm, commercial bank, rating agency or consumer finance sector preferred.
• Keen interest in structured finance and transitioning into Front-Middle Office role in banking.
• Thoroughness and attention to detail; pragmatic and commercially minded.
• Flexible, pro-active team player with can-do attitude and hunger to learn.