Documentation Specialist (Manager/AVP), Corporate Credit Admin - BBCA
- Employer
- OCBC
- Location
- Singapore, Singapore
- Salary
- Competitive
- Closing date
- Nov 3, 2024
View more categoriesView less categories
- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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Job Description
Responsible for managing a portfolio of complex credit documentation deals in a dynamic, cross-functional team in Corporate Credit Administration and Business Banking Credit Administration supporting Group Wholesale Banking, Commercial Banking, Global Markets, and Risk Management.
The role provides independent oversight on credit facilities and credit risk, and works closely with Business Units, Relationship Managers, and Legal Counsellors (internal and external).
Responsibilities
Qualifications
Qualifications
Who you work with
Group Operations and Technology (GO&T) co-creates products and solutions. We build the underlying technology applications and services. And manage the Group's IT operations & cyber defence. 24x7 and 365-days. End-to-end transaction fulfilment services. For the whole Group. With singular focus. Delivering exceptional customer experience. At the forefront of our digital transformation journey. Relentless innovation. Pushing boundaries. All fuelled by serious investment in your development.
Who we are
Singapore's longest established bank, we've been helping people and businesses get what they want from life since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we're on a journey of transformation. Embracing technology and creativity to become a future-ready learning organisation. But for all that change, the entire focus of our organisation remains to be Simply Spot On. In everything we do.
And so whether you want innovate needs-based financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.
What we offer
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
Responsible for managing a portfolio of complex credit documentation deals in a dynamic, cross-functional team in Corporate Credit Administration and Business Banking Credit Administration supporting Group Wholesale Banking, Commercial Banking, Global Markets, and Risk Management.
The role provides independent oversight on credit facilities and credit risk, and works closely with Business Units, Relationship Managers, and Legal Counsellors (internal and external).
Responsibilities
- Check documents - Credit Proposals, Credit Reviews, and Facility Agreements - against Terms & Conditions (T&Cs) to ensure timely, accurate and effective credit administrative support in granting credit facilities (bilateral / syndicated loans) including:
-
- Implementation and restructuring of credit facilities
- Disbursement of loans
- Redemption of loans
- Annual review of the legal documentation for credit facilities
- Verify approvals are in accordance with Credit Policy's Lending Authority Limits
- Ensure conditions of approvals, loan documentation comply with terms of approval prior to implementation/disbursement of facilities
- Adhere to documented procedures, control guidelines, policy, and compliance framework
- Ensure covenants, exceptions are logged, monitored & followed-up and through
- Work with Relationship Managers, Risk Managers, and Legal Counsel (internal and external) on loan documentation matters
- Implement facility limits, maintain accurate credit documentation and transaction records.
- Provide instructions and liaise with downstream departments (Credit Loan Administration) to setup loan accounts and tranche for disbursement
- Manage and resolve business and customer escalations, and ensuring communication and status updates are provided in a timely manner to stakeholders (BU, O&T, R&P)
- Contribute to improvement and quality projects to enhance productivity and service quality
- Conduct regular reviews on operational processes/workflows, update control procedures manual, and manage ad-hoc projects
Qualifications
Qualifications
- Bachelor's degree from a reputable university (Singapore or overseas)
- Minimum 8 years extensive experience in Credit Administration and Legal Documentation review for large corporate banking and medium-sized business banking lending business
- Experience in preparing in-house (Letter of Offer) and external legal counsel documentations (Facility Agreement)
- Functional knowledge includes:
-
- Shipping / Aircraft financing
- Property financing
- Project financing
- Conglomerate financing
- Commodities financing
- Sustainable financing
- Acquisition financing
- Familiar with regulatory requirements including MAS637, MAS757, S35, and S29
- Extensive product domain including:
-
- Loan
- OD
- Trade Finance
- Supplied Chain Products
- Treasury
Who you work with
Group Operations and Technology (GO&T) co-creates products and solutions. We build the underlying technology applications and services. And manage the Group's IT operations & cyber defence. 24x7 and 365-days. End-to-end transaction fulfilment services. For the whole Group. With singular focus. Delivering exceptional customer experience. At the forefront of our digital transformation journey. Relentless innovation. Pushing boundaries. All fuelled by serious investment in your development.
Who we are
Singapore's longest established bank, we've been helping people and businesses get what they want from life since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we're on a journey of transformation. Embracing technology and creativity to become a future-ready learning organisation. But for all that change, the entire focus of our organisation remains to be Simply Spot On. In everything we do.
And so whether you want innovate needs-based financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.
What we offer
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
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