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Credit Admin Manager - Foreign Bank

RE BFCG
Singapore
Posted 3 days ago Permanent S$96k - S$120k
  • Oversee and ensure that the following Credit Admin functions for new borrowers / facilities are handled effectively by the team:
    • Preparation & distribution of Credit Advise & Fate of Finance to all the relevant stake holders, where applicable
    • Preparation/ Approval of Limit Input Forms attaching relevant authorizations and other required correspondences for limit set up in the source system as per the terms of credit approval.
    • Ensure receipt of all loan/facility agreements in accordance with the conditions of the credit application and are duly executed by the Client and the Bank
    • Reviewing collateral documentation to ensure that Condition Precedents have been met and documents are in order prior to disbursement of funds.
    • Preparation / co-ordination in preparing Form 28 and submission to EO for their files
    • Liaising with Operations (as custodian) to ensure proper lodging in of security documents listed in accordance with the Form 28.
  • Oversee and ensure that the following Credit Admin functions for all ongoing accounts / facilities are carried on effectively:

Disbursement related activities:

  • Ensuring that all drawdown requests meet the requirements as per loan agreements / the Bank’s polices & procedures
  • Liaising with Agent / Relationship Managers on all drawdown matters to ensure timely disbursements of funds
  • Approval of the drawdowns/rollovers/rate-setting as the operating procedures

Repayments and monitoring activities:

  • Follow up for the non-receipt of funds and reimbursement of late payment compensation
  • Monitoring all loan maturities, loan limits and ensuring no overruns. In the event of overrun, the matter is duly escalated to Origination & execution teams along with the senior management.
  • Monitoring limit expiry / annual review of all accounts / facilities
  • Maintaining comprehensive and B/F diary

Oversee and ensure compilation of periodic monthly, calendar & fiscal quarter, half yearly and full year reports, and ad-hoc reports for local management, regional senior management as well as local regulatory authorities.

Interested applicants are welcome to email detailed resume to : celinetan@recruitexpress.com.sg

Celine Tan Si Ling 
Senior Recruiter (R1104662)
Recruit Express Pte Ltd
EA Licence: 99C4599