12 months contract, Agency Operation

SMBC Group; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

SMBC Singapore is seeking a diligent Loan Operations professional to handle the administration and operation of syndicated loans as agent and maker/checker. You will coordinate with borrowers, participants, and internal stakeholders, ensuring accurate drawdowns, payments, and record maintenance while monitoring covenants and information disclosures.

The role requires a solid understanding of the loan cycle, proficiency with SWIFT messages and Debt Domain, and strong analytical and communication

Qualifications

• Diploma or Degree in Business Administration, Banking & Finance, or 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

Responsibilities

• 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.
• 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.

Skills

Loan operations

Analytical thinking

Communication skills

MS Office

Detail oriented

Multitasking

Problem solving

Education

Diploma or Degree in Business Administration, Banking & Finance

Tools

Debt Domain

SWIFT messages

Job description

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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.
• 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