Loan Closing Officer, Lending Middle Office

Singapore, Singapore

Job Description


Job Summary

  • Singapore
  • Permanent
  • JN -062023-1940639
  • Jun 23, 2023
  • Competitive

Morgan McKinley is working in partnership with a Multinational Corporate Bank who are well known for their Corporate Lending and Financial Markets business in the APAC region.

Role and Responsibilities
  • Provide comprehensive lending support and expertise to a specific area of the business, taking responsibility for tasks of an organizational, process, or operational nature.
  • Manage all mid-office lending activities in complex domestic and international bilateral and syndicated credit facilities.
  • Determine, register, and monitor transactions, including acting as an agent, in applicable risk monitoring and reporting systems.
  • Perform checks on drawdown and payment requests, monitor credit limits, outstanding balances, and availability under credit agreements.
  • Determine and instruct applicable funding needs for involved transactions.
  • Communicate effectively with internal and external clients and stakeholders.
  • Collaborate with the front office and risk management to advise and structure tailor-made transactions.
  • Understand all relevant operational aspects of transactions related to risk, finance, payments, and financial markets.
  • Develop and implement efficient operational processes for tailor-made deals in cooperation with the front office and risk management.
  • Participate in interdepartmental projects, contribute to test plans, and participate in the development and testing of applicable lending systems.
  • Prepare monthly reports on suspense and reverse GST reconciliation, as well as other control reporting.
  • Ensure regulatory reporting compliance, including TBGS and MAS610 H Form.
Key Requirements
  • Diploma/Degree in Business Administration, preferably with a major in Banking & Finance.
  • Minimum of 2 years of work experience in the banking industry.
  • Strong knowledge of lending middle office operations and familiarity with related front-to-end workflows.
  • Background in the administration of lending Financial Covenants.
  • Excellent analytical and problem-solving skills.
  • Effective communication skills, both verbal and written.
  • Strong finance and accounting background with hands-on experience preferred.
  • Familiarity with the LOANIQ system is a plus.
  • Knowledge of SWIFT payment processes would be advantageous
If you are interested in the role and would like to discuss the opportunity further, please click apply now or email Hagen at for more information.

Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as notification that you have not been shortlisted.

Morgan McKinley Pte Ltd, EA License No: 11C5502

Lee Boon Hou (Hagen), Registration No: R1870932

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Job Detail

  • Job Id
    JD1358912
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned