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CREDIT ADMINISTRATION OFFICER (PRIVATE BANKING)

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CREDIT ADMINISTRATION OFFICER (PRIVATE BANKING)

  • Location:

    Singapore

  • Sector:

    LMA Asia Finance

  • Job type:

    Permanent

  • Salary:

    S$4000.00 - S$5500.00 per month

  • Contact:

    Hiong Hao Yi

  • Job ref:

    BBBH433662_1697514338

  • Published:

    about 2 months ago

  • Expiry date:

    2023-11-23

  • Client:

    LMA

CREDIT ADMINISTRATION OFFICER (PRIVATE BANKING)

JOB SCOPE:

  • 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, margin calls, LTV and exposures.
  • Prepare and ensure accurate periodic management and monitoring reports such as margin call reports to ensure financing quantum has not been exceeded.
  • Conduct voice log sampling for selected transaction activities to ensure no irregularity in dealing with counterparties.

KEY COMPETENCIES:

  • Relevant experience in credit administration; working experience in Private Banking will have an added 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.

Interested applicants, please send your CV in Microsoft Words format to Haoyi.hiong@lmarecruitment.asia

Company Reg No.: 201131609D | Licence No.: 11C4684 | Reg No: R21100351, Hiong Hao Yi

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