Job Description

JOB DESCRIPTION FOR LOAN MONITORING OFFICER/SENIOR OFFICERCandidates who need Work Pass need not applyRequirements. Minimum 2 years of relevant Corporate Banking experience Or a bachelor's degree in Accounting / Finance / Banking or related discipline.. Strong team player and ability to foster teamwork. Proficient in MS Office (especially Word and Excel)Preferred. Able to start work within one month's notice----------------------------------------------------------------------------------------------------------------1. MONITORING OF LOAN PORTFOLIOConduct the monitoring of the loan portfolio specified as below;.For Shipping / Aviation transactions, manage the insurance collateral. Review the deadlines of the insurance policies, and collect the renewed insurance policy and check the criteria. .Collect the relevant Compliance Certificate, Valuation reports and test the Loan-to-value periodically. .Conduct the agency role for Shipping / Aviation transactions, review the documents and conduct the covenant check..Have the ability to cross-check Financial Covenants stated in Compliance Certificate against Financial Statements.2. LOAN PROCESSING .Upon receiving Loan Agreements and Corporate Documents, review the important clauses in the agreement and cross check the completeness of the corporate documents provided against the Condition Precedent / Condition Subsequent schedule of the agreement..Register new loans on KINS, and input the information of guarantors or collaterals if any..Upon receipt of Notice of Drawdown, check the requested drawdown amount is within the limit stated in the loan agreement and make ACU memo to inform the Treasury Team. .On the value date, register the Drawdown, Fees vouchers (if any) and swift MT202/MT103 on KINS. Upon the approval of the Head of Operation, fix the next interest rate and interest period, check the payment schedule and the maturity date. .Execute duties of Agent in Agency deals, such as preparing of rollover and interest rate notice for all participants in the deal, and be the liaison person between Client and Lenders throughout the loan period.3. OTHER ADMINISTRATIVE MATTERS.Collect Financial Statements accompanied by the certificate from Borrowers and Guarantor, after the close of Borrower/Guarantor fiscal period. Inform the Credit Review Team on the receipt of the Financial Statements and update the receive date in KINS..Collect Financial Covenants certificates as stipulated in the loan agreement. .Inform the Corporate Banking Team of any waiver / prepayment / non-compliance with loan agreement etc.Collect Valuation reports for Shipping and Aviation Deals.Collect Insurance certificates for Shipping and Aviation Deals4. REPORTS.Monthly - Financial Covenant and Financial Statement Report - Loan to Value Report - Insurance Coverage Ratio Report Quarterly- MAS Credit Exposure Report on Completed Loans. Semi-Annually- MAS Top 100: Update loans handled by me in MAS system 5. OTHER DUTIES .Prepare and update of Policies and Procedures, job description, operation manual etc on a regular basis .Performance of other duties assigned by General Manager, Senior Deputy General Manager or Head of Operation from time to time.
Not Specified