Assistant General Manager, Account and Loan Operations Head

China CITIC Bank International Limited Singapore Branch; Singapore; On-site; SGD 120,000 - 160,000; Full time

Job summary

China CITIC Bank International Limited Singapore Branch is seeking a senior professional to lead a team handling credit documentation, loan administration, account operations and private banking (PB) operations. You will supervise the end-to-end processes, ensure regulatory compliance and coordinate with HK/HO for legal documentation and product implementations.

The role requires at least 10 years in banking credit documentation and administration, with 5 years in a supervisory capacity.

Qualifications

• University graduate in Banking, Business Administration, Finance, Accounting or related disciplines is preferred.
• Minimum 10 years of banking experience in credit documentation and administration, with at least 5 years in supervisory roles.
• Experience in corporate credit and security documentation, banking operations and lending products.
• Familiar with collateral registration & lodgement procedures.
• Experience in loan administration functions and AML/CFT understanding.
• Proficient in MS Office and relevant systems (Core Banking, IMEX, MUREX, ALS).
• Project management skills and strong leadership.

Responsibilities

• Lead and manage a team for credit documentation, administration, line implementation, and PB operations.
• Oversee loan agency, loan administration, account operations and PB products such as premium financing and Lombard loan.
• Coordinate project management for credit, loan, account and PB operations.
• Supervise and manage PB Operations to ensure accuracy and efficiency.
• Ensure compliance with Singapore and Hong Kong regulatory requirements.
• Review terms and documents, monitor covenants and financial statements.

Skills

Project management

Leadership

Regulatory compliance

Education

Bachelor's degree in Banking/Business/Finance/Accounting

Tools

Core Banking System

IMEX

MUREX

ALS

Job description

Job Summary:

To lead and manage a team to perform: -

• Credit documentation / administration, and line implementation functions;
• Loan agency, loan operations / administration, account opening / maintenance, account servicing functions and PB products such as premium financing and Lombard loan.
• Project management for credit, loan, account and PB operations
• Supervise and manage PB Operations.

Job Description:

Credit Documentation
1. Supervise and monitor credit documentation and administration activities covering facility letter preparation and credit and security documentation.
2. Verify and authorize facility limit implementation and maintenance.
3. Oversee to ensure:
(a) effective control of all areas and monitor the accuracy and efficiency of daily operations.
(b) credit, security and collateral documents are properly and promptly safe-kept and lodged.
(c) all processes comply with Singapore and Hong Kong regulatory requirements.
4. Determine, report operational irregularities and formulate corrective actions, if any.
5. Establish:
(a) appropriate procedures for credit documentation and administration and update where appropriate.
(b) working partnership with colleagues in Operations HK on operations, product implementation and/or Head Office’s internal and external counsel on legal and documentation issues.
6. Review those covenants, terms & conditions and financial statements are tracked and monitored.
7. Improve processes and procedures so as to provide quality services to clients / front office and coordinate with other departments for the Bank/Branch’s achievement of targets/objectives.
8. Check and review the terms and conditions of credit approval and incorporate in credit documentation.
9. Prepare &/or check periodic reports to MAS, HKMA, HO and CNCB where applicable
10. Participate in projects including system implementations/enhancement, procedure review & streamlining, UAT and other ad-hoc tasks.

Loan Agency/Loan Administration/Account Operations/PB Operations
1. Ensure:
(a) all procedures established are strictly followed and to adopt changes whenever necessary with timely update of operational procedural manuals.
(b) team resources are monitored and fully utilized so as to maximize team productivity.
2. Monitor and maintain effective control of all areas and ensure accuracy and efficiency of daily operations.
3. Review and approve account opening/documentation, account data maintenance and any other account related transactions.
4. Verify and approve loan agency related transactions, loan draw down, rollover, repayment, fee amortization, loan transactions and PB transactions.

AML/CTF Responsibilities

• Implement and comply with anti-money laundering policies and relevant procedures.
• Provide management oversight and develop / maintain a strong compliance culture regarding regulatory and compliance matters as well as anti-money laundering / counter terrorist financing control activities.

Job Requirement:

• University graduate in Banking, Business Administration, Finance, Accounting or related disciplines is preferred.
• Minimum 10 years of banking experience in credit documentation and administration, of which at least 5 years at supervisory level.
• Experience in corporate credit and security documentation, banking operations and lending products as well as deposit account servicing activities
• Familiar with collateral registration & lodgement procedures and requirements
• Experience in loan administration functions
• Understanding of all operational control standards and regulatory requirements particularly on AML/CFT
• Proficient in MS Office Suite (MS Word, Excel) programs, relevant system applications such as Core Banking System, IMEX, MUREX, ALS
• Project Management skills