Credit Admin Officer
Summary
Processes and maintains loan documentation for private banking clients, including facility letters and security documents, while ensuring compliance with regulatory standards in Singapore.
Responsibilities:
- Collaborate with front office teams to prepare finance documents, including facility letters (Lombard loan, Premium Finance, Policy Loan) and security documents
- Review conditions precedent before loan drawdown
- Accurately input and maintain customer files, facility limits, and security details in the system
- Process private banking loan drawdowns, repayments, and maintenance
- Coordinate with solicitors to facilitate timely preparation of loan documentation
- Support credit administration for corporate banking clients
- Prepare reports for Head Office and local regulatory authorities in Singapore
- Ensure secure safekeeping and archiving of all credit documentation
- Identify operational risks proactively and develop streamlined processes to mitigate them
- Maintain strict adherence to operational risk control and compliance standards
- Perform other ad hoc duties as assigned by supervisors
Competencies and qualifications:
- Degree with 2-3 years of experience in Private Banking credit administration and loan operations
- Experience in corporate loans or trade finance is a plus
- Willingness to extend capabilities to corporate loans and trade finance
- Strong interpersonal skills to engage effectively with internal and external stakeholders
- Ability to work independently and manage pressure effectively