Job Description

Salary: up to $7K Industry: Banking

RESPONSIBILITIES:

• Work with relevant stakeholders including Front Office, Credit, Legal/Compliance, Operations to ensure that the credit facilities are implemented in accordance with credit approval
• Work with relevant stakeholders including Front Office, Credit, Legal/Compliance, Operations to ensure that the credit facilities are implemented in accordance with credit approval
• Administer new credit facilities and credit reviews, and monitor credit review dates.
• Timely execution of all loan drawdown, rollover and other operational instructions to business support units, and to follow up, where necessary, on the execution.
• Timely completion of legal/securities/loan documentation and liaise with law firm for charge registration.
• Follow-up closely on all decisions taken by the credit approving authorities and monitor post lending terms and conditions.
• Supervise and ensure proper storage of securities documents, including periodic inventory checks.
• Perform daily credit control tasks, including monitoring of credit limits and exposures.
• Prepare and ensure accurate periodic management and monitoring reports such as margin call reports to ensure financing quantum has not been exceeded.
• Assist Head of Operations in Operation Risk Assessment and Identification.
• Conduct voice log sampling for selected transaction activities to ensure no irregularity in dealing with counterparties.
• Manage PB projects and other project assignments.
• Supervise and lead junior staff in the team.
• Create and review Standard Operating Procedures
• Any other duties as assigned by Management from time to time

REQUIREMENTS:

• 8 or more years of relevant experience in Private Banking credit administration.
• Knowledge of IT systems such as Avaloq, Odyssey and Triple-A will be an advantage.
• Knowledge and understanding of investment and loans products, including risk assessment, processing, documentation and their accounting treatment.
• Knowledge and understanding of regulatory and internal management reporting requirements.
• Good knowledge on Microsoft Word, Excel, Access and PowerPoint.
  

EA License Number: 18C9289 | Registration Number: R22106136 (Leong Ru Hui)