12 months contract, Agency Operation

Sumitomo Mitsui Banking Corporation; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

SMBC Group Singapore is seeking a skilled loan operations professional to manage administration of syndicated loans, performing as agent and maker/checker with diligence.

Responsibilities include handling drawdowns, rollovers, payments, and records; liaising with borrowers and lenders; monitoring covenants; and guiding junior staff while upholding service quality.

You'll support corporate clients, address inquiries, and perform audit-confirmation tasks to ensure seamless day-to-day operations.

Qualifications

• Diploma or Degree in Business Administration, Banking & Finance or related discipline.
• 3+ years of banking experience preferred.
• Strong understanding of loan cycle and facility agent role.
• Good knowledge of Swift messages construction and Debt Domain advantageous.
• Meticulous, analytical, and able to multitask with strong communication skills.
• Proficient in Microsoft Office applications.

Responsibilities

• Handle loan administration & operation functions of syndicated loans as agent/maker & checker.
• Process day-to-day tasks: drawdowns, rollovers, payments, records maintenance.
• Liaise with borrowers, participants, agents & internal stakeholders on loan matters.
• Monitor information undertakings and covenants; disseminate as needed.
• Address queries on loan operations from borrowers & lenders.
• Manage audit confirmation queries and ensure timely responses.
• Ensure execution aligns with legal documents and bank policy.
• Oversee service levels and maintain quality standards.
• Provide SME guidance on projects and coach junior staff.
• Assist corporate clients, addressing inquiries & ensuring positive experiences.
• Perform other duties as assigned.

Skills

Loan operations

Syndicated loans

Communication skills

Attention to detail

Analytical skills

MS Office

Education

Business Administration / Banking & Finance degree

Tools

MS Office (Word, Excel, PowerPoint)

Job description

SMBC first opened its doors for business in Singapore in 1963. The Singapore branch was established as our hub in Asia Pacific outside of Japan in 2008 to support the growth and expansion of our customers in and across the region.

SMBC Singapore provides a comprehensive range of wholesale banking solutions as a full commercial bank in Singapore.

In 2023, we are honored to celebrate 60 years of business excellence in Singapore, the heart of our business in Asia Pacific. We continue to embark on our journey with our stakeholders towards a sustainable future.

Job Description

• Handle loan administration & operation functions of syndicated loans that the bank is mandated as agents with dual role functions as maker and checker.
• The day-to-day functions include but not limited to drawdowns, rollovers, payments, maintenance of records etc.
• Liaise with borrowers, participants, agents, and internal stakeholders on loan administration & operation matters.
• Monitor & Disseminate information undertakings and covenants.
• Address queries on loan operation matters from borrower and Lenders.
• Manage & prepare audit confirmation queries.
• Ensuring efficient execution of day-to-day functions in accordance with the legal documents and bank’s policy.
• Oversees & ensure service level and quality standards are maintained.
• Provide subject matter expertise towards projects initiatives and guide the junior members.
• Assist and support corporate clients, addressing inquiries, and ensuring a positive customer experience.
• Perform any other duties assigned from time to time.

Requirements:

• Diploma or Degree in Business Administration, Banking & Finance, or a related discipline, preferably with at least 3 years of banking experience.
• Candidates without banking experience may be considered based on overall suitability.
• Strong and thorough understanding of loan cycle and the function as the facility agent would be preferred.
• Good knowledge on construction of Swift messages and use of Debt Domain will be an advantage.
• Meticulous, confident, ability to multiple tasks and resilience.
• Possess strong analytical and problem-solving skills, attention to detail. Ability to devise strategies, deliver value added support, identify problems & propose solutions.
• Strong communication and interpersonal skills, both written and verbal.
• Proficient in Microsoft Office Applications – Word, Excel, Power Point