Assistant VP, Credit Administration & Reporting

UOB; Singapore; On-site; SGD 100,000 - 180,000; Full time

Job summary

United Overseas Bank Limited (UOB) in Singapore is seeking a regulatory reporting specialist to perform group regulatory reporting, management reporting, and covenant verification. You will ensure input accuracy for covenants and inputting conditions, strengthening compliance and governance.

The role requires strong analytical and project management skills, ability to guide junior staff, and experience with MAS notices and financial statement analysis.

Qualifications

• 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.

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

Skills

Analytical skills

Problem solving

Project management

Operational risk control

Education

Banking & Finance degree

Tools

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.

Company: 1011 United Overseas Bank Ltd

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. 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.