Senior Associate/ Associate, Operations, Syndicated Loan Agency, Institutional Banking Ops, Technology And Operations

Singapore, Singapore

Job Description


Description - External

Business Function

Group Technology and Operations (T&O) enables and powers our Bank with an efficient, nimble, scalable standard infrastructure through a strategic focus on Productivity, Quality & Control, Operating Models, Technology and People. In Group T&O, we manage the majority of the Bank\'s operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Responsibilities

  • Loan Agency:
  • Support syndication loan agency, security agency services to all segments that the Bank is appointed as Facility Agent, Security Agent &/or Account Bank.
  • Review & provide comments on draft finance documents.
  • Processing day to day syndication loan administration, drawdown, rollover, rate fixing, billing, prepayment, fee calculation, payment and document safe-keeping arrangement.
  • Liaise with Legal Counsels, Finance Parties and Borrower for deal closing and conditions precedent and subsequent.
  • Ensure all terms and conditions precedent of facility agreement are met before execution of any requests from borrower.
  • Ensure all required covenant are provided such as insurance are in place throughout the life of the syndicated loan.
  • Manage any amendment or waivers request by Borrower from time to time as needed.
  • Ensure filing of relevant MAS returns within the specific time frame.
  • Support team lead to deliver KPIs as set by senior management
  • Co-ordinate / Participate in various enhancement projects in the department, such as system enhancement or ad-hoc projects.
  • Co-ordinate / Participate in negotiation and repapering exercise on IBOR transitions
  • Support and lead any projects as required
  • Ensure workflow process as per SOP
  • Digitalization and Projects:
  • Partner with Change The Bank and Technology teams to deliver projects in the Bank\'s digitalization journey.
  • Manage system problems and rectify impacted accounts.
  • Support system enhancement and submit user requirements for improvements.
Requirements
  • Min 5 years of relevant experience, Project Financing knowledge will be an advantage
  • Good understanding of market practice in Syndication Loan Administration and Operations, especially with Syndication Agency roles
  • In-depth knowledge in finance documents, and good ability to interpret legal documents
  • Good communication skills with ability to communicate with internal and external parties
  • Familiar with credit evaluation process, loan accounting and policy
  • Default loan management skill and knowledge
Apply Now

We offer a competitive salary and benefits package with career professional advantages of a dynamic environment that supports your development and recognizes your achievements.

eFinancialcareers

Beware of fraud agents! do not pay money to get a job

MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Job Detail

  • Job Id
    JD1257318
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned