Credit Admin

2 weeks ago


Singapore Search Ally Pte Ltd Full time

Posted by:
Lily Yang

Recruiter

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**JOB DESCRIPTION**

Credit Administration & Middle Office functions:

- Documentation checking & safekeeping
- Update of Signatories, signature verification & safekeeping
- Limits implementation, revision and cancellation in LIQ
- Test key authentification
- Management and Regulatory Reporting
- Tracking & updating of outstanding documents & expired collaterals
- Covenants monitoring & updating in LIQ
- Ad-hoc projects assigned

Agency Functions:

- Render assistance and support to Head of Deal Closing Portfolio Monitoring in the day-to-day control and monitoring for the Loan Agency function.
- Render support to Front-Office business lines in the pitching of Agency mandates.
- Oversee Agency administration for syndicated facilities where the bank assumes agency roles such as Facility / Security Agent / Account Bank role(s).
- Liaise with Front Office officer and legal counsel (external or internal) on documentation matters.
- Coordinate and facilitate the operational matters that may include utilization requests, ratefixing, rollovers between the borrower and the lenders.
- Monitor loan movements, ensure principal repayment and loan interest are received on due dates for distribution to lending syndicate.
- Coordinate the receipt / distribution of Arrangement Fees, Upfront Fees, Commitment Fees, etc between Borrower and Lenders if required.
- Coordinate and remind the Borrower so as to assist them in their timely submissions of the information (financials, compliance, etc) as required under the agreement.
- Handle and liaise with the Borrower and Lenders on waiver / consent / amendment requests.
- Handle administrative tasks including preparation of reports and agency support.

[EA License Number] 18C9289 | [Registration Number] R1551292



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