Credit Middle Support - Credit Middle and Loan Group, Senior Analyst/AVP

HR-Pro Recruitment Services Pte Ltd; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading recruitment firm in Singapore is seeking an experienced credit middle office specialist to ensure compliance with credit applications and monitor collateral conditions. The ideal candidate will have a degree in Banking and Finance with over 10 years of relevant experience. This role requires a diligent and meticulous individual with strong interpersonal skills. Join us to contribute to the dynamic banking sector.

Qualifications

• At least 10 years of relevant experience in banking.
• Candidates with lesser experience will be considered for Senior Analyst level.
• Organized, diligent, and meticulous.

Responsibilities

• Check compliance with HO and MAS regulations on credit applications.
• Monitor collateral conditions and insurance policy adequacy.
• Prepare Management/MAS/internal reports.

Skills

Corporate banking product knowledge

Interpersonal communication skills

Organizational skills

Attention to detail

Ability to work in a team

Education

Degree in Banking and Finance or equivalent

Job description

The main scope of this credit middle office role is checking of credit applications in compliance with MAS/Head Office/internal rules and regulations. The candidate must be able to review terms and conditions in facility letters and loan/security agreements to ensure compliance with approved credit applications and conditions imposed by Credit Department/Head Office.

Responsibilities

• Dual role functions as maker and checker.
• Ensure proper and timely checks on compliance with HO and MAS regulations and guidelines on credit applications received.
• Monitor progress on approval of credit applications.
• Check contents of loan/security agreements for adherence to approved credit terms and conditions.
• Control collection of credit documentation (facility and security documents and CP/CS documents).
• Instruct registration of facility limits/collaterals in systems when documentation is complete/CPs complied.
• Monitor collateral condition (expiry dates and adequacy of insurance policies, collateral valuation, etc.).
• Monitor and manage irregular/exceptional handling transactions until satisfactory closure.
• Monitor/check Master Covenant Control and loan covenant compliance.
• Provide information on collaterals and MT12 Credit Supplementary to FCG for MAS610 reporting.
• Support for various business units and back-office staff members by providing necessary information on credit control matters.
• Preparation of Management/MAS/internal reports.
• Participate in initiatives and projects as assigned.
• Any other matters that may be assigned from time to time.

Requirements

• Degree in Banking and Finance or equivalent with at least 10 years of relevant experience.
• Candidates with lesser experience will be considered at Senior Analyst level.
• Knowledge of corporate banking products - working capital loans, real estate loans, foreign exchange. etc.
• Diligent, organized, and meticulous with keen eye for details.
• Open mindset with willingness to learn and is receptive to transformational changes.
• Both a team player and active independent contributor.
• Possess strong interpersonal communication skills.