Assistant VP, Credit Administration & Reporting

UOB; Singapore; On-site; SGD 70,000 - 120,000; Full time

Job summary

United Overseas Bank Limited (UOB) in Singapore seeks a capable professional to support regulatory and management reporting, ensure covenant compliance, and verify financial documentation. The role involves MTM on collateral, reviewing credit conditions, and mentoring junior staff.

The candidate should hold a Banking & Finance degree or equivalent, possess strong analytical and communication skills, and be comfortable with complex financial data and MAS Notices.

Qualifications

• Degree in Banking & Finance or professional qualification.
• Ability to provide good operations and administration support.
• Strong integrity, responsible, reliable and conscientious.
• Able to guide junior staff effectively in daily operations.
• Strong interpersonal and communication skills, ability to work with stakeholders.
• Computer literacy and proficiency with financial software.

Responsibilities

• Perform group regulatory reporting (MAS Notices, etc.).
• Perform management reporting.
• Perform marked-to-market against financial collateral for limit adjustment.
• Review Letters of Offer/Facility Agreement for covenants and conditions.
• Independent verification of covenants/credit conditions for compliance.
• Validate supporting documents as evidence of verification (financial statements, certificates).
• Prepare management reports and participate in process reviews.
• Train and nurture junior staff.

Skills

Analytical thinking

Problem solving

Project management

Operational risk control

Financial statement analysis

MAS Notices knowledge

Oracle

Stakeholder communication

Multitasking

Attention to detail

Education

Degree in Banking & Finance

Tools

Microsoft Office

Oracle

Job description

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

Responsibilities:

• Perform group regulatory reporting (including MAS Notice 757, MAS Notice 637, MAS Notice 643/643A, MAS Notice 656, MAS Top Borrower Group Survey, etc.)


• Perform management reporting


• Perform marked-to-market against financial collateral for limit adjustment


• Review Letter of Offer / Facility Agreement to ensure that covenants / credit conditions / credit milestones (i.e. financial covenants, time-dependent covenants, security covenants and Environmental, Social and Governance conditions) are correctly input for verification


• Perform independent verification of covenants / credit conditions / credit milestones (i.e. financial covenants, time-dependent covenants, security covenants and Environmental, Social and Governance conditions) for compliance


• Validate the supporting documents as evidence of independent verification (such as financial statement, green certificate, sustainability compliance certificate etc)


• Prepare management report and participate in process review, projects etc


• Train and nurture junior staff

Requirements:

• Degree in Banking & Finance or professional qualification.


• Able to provide good operations and administration support


• Good integrity, responsible, reliable and conscientious


• Able to guide the junior staff effectively in daily operations


• Good interpersonal and communication skills, ability to work effectively with stakeholders


• Computer literacy


• Strong analytical, problem solving skill, project management skills and operational risks control skill


• Have a good understanding of financial statements / financial spreading and financial ratios


• Familiar with MAS Notices (credit related)


• Strong quantitative, analytical, and problem solving skills.


• Sound regulatory knowledge with database management skills including Oracle skills is an advantage.


• Ability to manage multiple initiatives and to work under challenging and demanding circumstances to meet deadlines.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate’s age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.