Agency Desk Lead SG

CIMB; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A leading financial institution in Singapore is seeking an experienced professional to support loan processing and regulatory compliance. This role involves ensuring effective transactions, delivering timely reporting, and improving operational efficiency within the team. Candidates should hold a diploma/degree and possess good knowledge of loans, strong communication skills, and meticulous attention to detail. A collaborative spirit is essential in this dynamic environment.

Qualifications

• Minimally, a Diploma/Degree holder.
• Good knowledge on Loans (Bilateral & Syndication).
• Knowledge in the functionalities of SIBS.

Responsibilities

• Ensure effective processing of transactions to meet requirements.
• Provide loan/credit processing support to borrowers and lenders.
• Track and monitor timely submission of covenants and conditions.
• Deliver timely regulatory reporting.
• Implement a training framework for team development.

Skills

Good communication skills

Meticulous & with an eye for detail

Good knowledge on Loans (Bilateral & Syndication)

Team player

Education

Diploma/Degree holder

Tools

SIBS functionalities

Job description

Responsibilities

Strategy and Planning

• Ensure effective processing of transactions to meet borrower and lenders’ requirements within compromising controls
• Initiate continuous improvements across all the key functions within the Unit in terms of processes, people & systems

Business Performance and Management

• Providing loan/credit processing support to borrowers and lenders
• Work closely with borrower and lenders to ensure timely compliance of credit facilities in accordance to the Facility Agreement including supervision of revaluation of collaterals, shares & deposits and covenant compliance
• Ensure proper release of collaterals/discharge of security in the event of redemption
• To ensure the process in place for tracking and monitoring loan rollover, repayment, fee income & perform loan & fee collection as scheduled
• To track and monitor timely submission of covenant and conditions subsequent, where applicable
• Ensure loan processing is executed in compliance with local regulatory requirement and internal policies
• Ensure day-to-day processing is achieved within Service Level Agreement and KPIs
• Safekeeping of facility and security agreements / documents for the loan syndication
• Clear AML-Norkom hits for incoming SWIFT messages pertaining to transactions involving the bank as Facility or Security Agent
• Attend to request from borrowers’ auditors for audit confirmation
• To assist the Head of Credit Admin Dept. in the followings:

1. Initiate continuous improvements across all key areas of operations management, people, processes and systems, controls etc.
2. Review of the team’s processes so as to ensure that the process steps are stream-lined & controls are in place to mitigate the risk areas
3. Build, maintain and enhance the service oriented culture and excellence of the department; and
4. Oversight of the risk and credit administration – ensure regulations, policies and procedures are adhered to

• Any other ad-hoc tasks and when assigned

Reporting & Management Information Analytics

• To deliver timely and accurate regulatory reporting or contribution to regulatory reporting

System Enhancements

• Identify system enhancement and work process improvement

People Management

• To ensure that the Agency team operate with the rest of the CAD teams in a cohesive and integrated manner
• To implement a training framework to upskill the teams to handle business requirements and new developments

Regulatory Compliance

• To ensure the following:

1. No breach in Banking Secrecy, PDPA, FATCA etc.
2. Timely and accurate reporting to regulators

Requirements

• Minimally, a Diploma/Degree holder
• Good knowledge on Loans (Bilateral & Syndication)
• Knowledge in the functionalities of SIBS
• Good communication skills
• Meticulous & with an eye for detail
• A good team player