Loan Operations Specialist (Bank l 12 months contract)

MANPOWER STAFFING SERVICES (SINGAPORE) PTE LTD; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading staffing service in Singapore is seeking a loan operations specialist to handle various aspects of secured loans, including disbursement and compliance. The successful candidate will be adept at managing records, coordinating with multiple departments, and ensuring adherence to loan policies. Must possess a Bachelor’s degree and relevant experience in finance with strong analytical skills.

Qualifications

• Minimum 2 years of experience in loan operations.
• Familiar with secured and unsecured lending.
• Self-motivated with a good sense of ownership.

Responsibilities

• Participate in User Acceptance Testing (UAT) for loan systems.
• Handle disbursement, drawdown, and renewal of secured loans.
• Liaise with external parties regarding loan processing.

Skills

Analytical skills

Attention to detail

Team player

Education

Bachelor’s Degree in Business, Finance, or related discipline

Job description

Key Responsibilities

• Participate in User Acceptance Testing (UAT) for projects related to loan systems.
• Handle disbursement, drawdown, renewal, and redemption of secured loans.
• Coordinate with the Treasury Department for funding and manage disbursements via cashier’s order or intrabank transfer.
• Create and update records in the bank’s operating systems related to Secured Loans.
• Perform daily loan operations tasks, including timely review of legal and loan documentation for mortgage lending.
• Liaise with external parties such as solicitors, valuers, and insurers in relation to secured loan processing.
• Support the Bank’s redemption and time deposit product processes.
• Assist in account management tasks such as freezing of accounts, earmarking of funds, and preparing audit confirmations.
• Take on ad-hoc duties as assigned by management.

Job Requirements

• Bachelor’s Degree in Business, Finance, or any related discipline.
• Minimum of 2 years of experience in loan operations.
• Familiarity with secured and unsecured lending, as well as collateral management.
• Excellent analytical skills and attention to detail.
• Self-motivated team player with a good sense of ownership and accountability.

Interested Applicants, please email your resume to [e-mail] (R1441955), stating the position as the subject title in the email. All Applications will be handled with strict confidentiality.