Loan Associate

SHINHAN BANK; Singapore; On-site; SGD 35,000 - 50,000; Full time

Job summary

A leading financial institution in Singapore is seeking a professional to manage corporate loan disbursement, compliance checks, and KYC documentation. The ideal candidate holds a diploma or degree in relevant fields and has at least 1 year of experience. Responsibilities include ensuring compliance with AML/CFT requirements and providing quality service to clients. This role requires self-motivation, attention to detail, and strong communication skills.

Qualifications

• At least 1 year experience in corporate loan disbursement and compliance.
• Attention to detail with multi-tasking capabilities.

Responsibilities

• Perform all aspects of loan disbursement and repayments for corporate clients.
• Ensure compliance with MAS AML/CFT requirements.
• Collect and verify client KYC documents.

Skills

Self-motivated

Good communication skills

Interpersonal skills

Education

Diploma or Degree in Banking, Finance, Business or related fields

Job description

[Roles and Responsibility]

• Perform all aspects of loan disbursement, repayments, rollover, and redemption for a corporate client
• Review and ensure all relevant conditions precedents are met before activation of credit facility
• PerformCDD/EDD checksin line with MAS AML/CFT requirements and internal compliance policies
• Collect, verify and update client KYC documents (NRIC/Passport, ACRA Bizfile, financials, ownership structure, proof of address).
• Supportperiodic KYC refresh, remediation activities and audit-related requirements.
• Monitor outstanding documentation and issues
• Achieve or exceed given specific performance standards in both turnaround time and accuracy
• Participate in all process improvement of system projects or enhancements
• Liaise with other departments on fund release, rate fixing, and sending/receipting of MT message,s etc
• Deliver quality services to business units by adopting a systematic and consistent approach in line with the Bank’s credit policies and accounting standards
• Ensure compliance in the safekeeping of all security and confidential documents are strictly adhered to
• Follow up closely on customer inquiries
• Prepare management reports
• Handling other duties as assigned by superior

[Requirements]

• Diploma or Degree inBanking, Finance, Businessor related fieldswith at least 1 year experiences in this area
• Self-motivated, meticulous, and able to multi-task
• Possess good communication and interpersonal skills