Loan Operations AVP

ROBERT WALTERS (SINGAPORE) PTE LTD; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading player in the financial industry is seeking a Loan Operations AVP to support daily operations, process various transactions, and collaborate with diverse stakeholders. The ideal candidate will have 3 to 5 years of relevant experience and an understanding of financial markets. This role promises a supportive work environment focused on employee growth and innovation.

Qualifications

• 3 to 5 years experience in Operations and Settlements from a bank or finance company.
• Strong understanding of financial markets and trade lifecycle.
• Experience with treasury products, loans, and derivatives.
• Exceptional attention to detail and interpersonal skills.
• Ability to work independently and manage multiple tasks.

Responsibilities

• Support Group Operations in daily operational and administrative matters.
• Process loan disbursements and treasury trades.
• Monitor payments and follow up on discrepancies.
• Collaborate with various stakeholders to resolve trade settlements.
• Fine-tune procedures to enhance productivity.

Skills

Operations and Settlements experience

Attention to detail

Interpersonal skills

Communication skills

Ability to multitask

Tools

SWIFT

Microsoft Office (PowerPoint, Excel, Word)

trade settlement platforms (ClearPar, DTCC, Euroclear/Clearstream)

Job description

What you'll do:

As a Loan Operations AVP, your role will be pivotal in supporting the Group Operations in their daily operational, settlement and administrative matters. You will be responsible for processing various transactions including loan disbursements, treasury trades, sales and purchases. Your excellent problem-solving skills will be utilised as you collaborate with various stakeholders to address and resolve trade settlements issues. Your keen eye for detail will be essential as you monitor payments, follow up on non-receipts until closure and support system testing among other responsibilities. Your ability to fine-tune procedures and work processes will contribute significantly towards enhancing productivity within the team.

• Processing and settlements for loan disbursement, treasury trades, sales and purchase transactions.
• Setting up accounts in payment systems.
• Monitoring and tracking on-time payments, following up on non-receipts till closure.
• Trade capture of loan profile, schedules and cashflows.
• Liaising with Transaction Administrator to reconcile cashflow schedules and monitor settlement activities.
• Collaborating with counterparties, custodians, clearing houses, banks and internal teams to address and resolve trade settlements, payment discrepancies, exceptions and escalations.
• Supporting system testing and other ad-hoc tasks.
• Fine-tuning, developing procedures and work processes.
• Participating in projects, system enhancements and other ad-hoc tasks.

What you bring:

The ideal candidate for the Loan Operations AVP position brings a wealth of Operations and Settlements experience from a banking or finance background. You have a strong understanding of financial markets, trade lifecycle and settlement frameworks. Your familiarity with SWIFT, trade settlement platforms such as ClearPar, DTCC, Euroclear/Clearstream and custody accounts will be crucial in this role. Your exceptional attention to detail, strong interpersonal and communication skills will enable you to effectively collaborate with diverse stakeholders. Your ability to prioritise tasks, multi-task and work independently will be key to your success in this role.

• At least 3 to 5 years Operations and Settlements experience in a bank or finance company.
• Exposure to Syndicated, Bilateral Loans, Bonds, Deposit, Remittance, Derivatives and Treasury products.
• Strong understanding of financial markets, trade lifecycle and settlement frameworks.
• Familiarity with SWIFT, trade settlement platforms (ClearPar. DTCC, Euroclear/Clearstream) and custody accounts.
• Exceptional attention to detail.
• Strong interpersonal and communication skills (both written and verbal).
• Ability to prioritise, multi-task and work with minimal supervision.
• Proficiency in Microsoft Office (PowerPoint, Excel, Words).

What sets this company apart:

Our client is a leading player in the financial industry, known for their commitment to excellence and dedication to their employees' growth and development. They offer a supportive and inclusive work environment where every team member's contribution is valued. Their focus on innovation and continuous improvement ensures that they stay at the forefront of the industry, providing their employees with exciting opportunities for learning and career advancement.

Do note that we will only be in touch if your application is shortlisted.
Robert Walters (Singapore) Pte Ltd
ROC No.: 199706961E | EA Licence No.: 03C5451
EA Registration No.: R1435983 Glen Chua