[Graduate Hire] Associates, Credit Review

The Korea Development Bank, Singapore Branch; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A leading financial institution in Singapore is looking for recent graduates for the role of Associates in Credit Review. In this position, you will prepare and assess credit applications, ensure compliance with guidelines, and maintain records. Strong analytical skills and proficiency in English are required. Ideal candidates will have a bachelor's degree in a finance-related field and prior internship experience is a plus. Apply now for this exciting opportunity!

Qualifications

• Bachelor's degree required in a relevant field.
• Prior Corporate Banking internship is a plus.
• Strong analytical and communication skills are essential.

Responsibilities

• Prepare and review credit applications for borrowers.
• Conduct MAS Top Borrower Group Survey.
• Update and maintain the Credit Watchlist.
• Prepare and update the Credit Dashboard.
• Complete ad-hoc tasks as assigned.

Skills

Financial Statement Analysis

Business proficiency in written and oral English

Interpersonal skills

Communication skills

Team player

Self-driven

Education

Bachelor's degree in Finance, Business, Commerce, Accountancy or Law

Job description

[Graduate Hire] Associates, Credit Review

Due to our business expansion across the Asia Pacific region, we are seeking recent graduates for the role of Associates, Credit Review.

Job Responsibilities

1. Prepare Credit Application / Review for Existing Borrowers

• Write up Credit Application / Review for borrowers with credit facilities (loans, securities, guarantees, trade finance, etc.).
• Assess the credit facilities in accordance to branch and MAS guidelines. This includes Borrower’s / Issuer’s financial performance, country or industry analysis and any other information related to the Borrower / Issuer. Also includes review of compliance certificate and indication of any breaches in the review.
• Comment on and recommend changes to the MAS loan classification of the Borrower/Issuer if required.
• Obtain Credit Review Committee’s approval for the Credit Application / Review. File approved reviews in their respective Credit Review files.

2. Prepare MAS Top Borrower Group Survey

• Populate the MAS Survey with credit-related data and information of required borrowers / counterparties on a semi-annual basis.

3. Prepare Credit Watchlist

• Update the Watchlist on a monthly basis to monitor classified accounts. The Watchlist comprises information pertaining to borrower’s / issuer’s MAS Classification, outstanding, provision amount, latest development, etc.

4. Prepare Credit Dashboard

• Update the Dashboard on a monthly basis to ensure accuracy in risk control and monitoring of the bank’s portfolio. The Dashboard comprises information pertaining to loan covenants, financial covenants, financial statements, loan-to-value ratio and insurance coverage ratio, renewals and policies.
• Collect the Compliance Certificates, Valuation reports, Financial Statements and Insurance Documents from Operations Department, check for completeness, timeliness and accuracy, and ensure that there are no breaches.
• Inform all related departments of any breaches / non-compliance and the necessary follow-up actions to be taken.

5. Any Other Ad-hoc Work and Projects

• Complete any other ad-hoc work and projects as assigned by General Manager, Senior Deputy General Manager or Head of Credit from time to time.

Job Requirements

• Ideally, Bachelor's degree, majoring in Finance, Business, Commerce, Accountancy or Law
• Prior Corporate Banking internship will be a plus
• Financial Statement Analysis skills
• Business proficiency in written and oral English is required
• Good interpersonal and communication skills
• Good team player and self-driven

PDPA Act

By submitting your application for the above role, you are consenting the hiring team to:

• Collect and use your personal data, and to disclose such data to any third party with whom the bank has service arrangement in relation to your job application; and
• Retain your personal data for future job opportunity.

We thank you for your interest in the above role. Only shortlisted candidates will be notified.