Job Description

Business FunctionCorporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.EFSU (Equipment Financing Support Unit) provides equipment and vehicle Hire purchase financing including Block Discounting and Floor Stock facility to a large group of car dealers. We liaise with different units in the Bank to ensure a smooth loan disbursement process.ResponsibilitiesWe are looking for a self-starter with strong documentation skills, independent and able to rise to challenges and meet deadlines effectively. The candidate is to:

• Perform technical & compliance checks of Block Discounting / Floor Stock / HP drawdown requests, invoices and supporting documents received and ensure that they are in order.
• Perform post-acceptance technical verification & compliance checks of accepted Letters of Offer and all in-house documents received.
• Conduct online vehicle valuation for vehicle cases.
• Conduct encumbrance searches on the vehicles and equipment & enhanced searches (bankruptcy, etc) on Borrower / Guarantor.
• Prepare letters for the appointment of Lawyers where required.
• Liaise and follow-up with Relationship Managers, Customers / Car Dealers for submission of drawdown requests, invoices, and other supporting documents.
• Liaise with internal departments for, Block Discounting / Floor Stock / HP activation / disbursement / extension of Floor Stock.
• Arrange to send for safekeeping and archival of documents for post disbursement.

Requirements

• Preferable to have minimum 1-3 years of work experience in Hire purchase loan
• Strong in data extraction and analytical skill.
• Market and business knowledge in Hire purchase is preferred.
• Able to adapt quickly and work in a fast-paced environment with tight datelines.

Apply nowWe offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

DBS Bank