Manager - Credit & Syndications

STATE BANK OF INDIA; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

State Bank of India in Singapore is seeking a skilled Credit Analyst to generate business leads, attend road shows, and prepare appraisal memoranda. You will scrutinize P&L and balance sheets, assess risk, and compile CMA to support lending decisions.

The role requires strong analytical abilities, proficiency in credit policy, and excellent communication with colleagues and senior management. You will coordinate with treasury, risk, and credit admin teams, and ensure timely reviews and

Qualifications

• Degree or equivalent; preference for CA/FCA/MBA or MSc Finance.
• Minimum banking experience of 3 years in Credit.
• Strong understanding of financial compliance.
• Good knowledge of banking systems and procedures.
• Knowledge of commercial credit products.
• Strong analytical mindset and interpersonal skills.
• Ability to guide team and communicate with top management.

Responsibilities

• Generation and sourcing of business leads for the branch and to achieve the budgeted growth in advance and income level set in Halogen by active marketing.
• Attend road shows arranged for various companies (both India Based and Local entities), subsequent follow up with other MLABs and participants related to syndicated loans
• Preliminary scrutiny of credit proposal based on deal details.
• Responsible for preparation of appraisal memorandum of a borrower entity.
• Classification of various items of P&L, balance sheet of the borrowing entities as per Bank's instructions and the applicable accounting standards and preparation of CMA
• Analyze financial statements and credit profile including industry and management parameters to determine the degree of risk involved in extending credit or lending money.
• Preparation of credit applications and annual credit reviews involving in-depth analysis of customer's financial standing, industry review, business outlook, risks and opportunities.
• Collation of data on the company and its rating and opinion reports.
• Compare liquidity, profitability, and credit histories of establishments in the same industries and geographic locations.
• Analyze and provide input on loan policy issues and credit structures, ensuring that the final credit proposal to be presented is mutually acceptable.
• Appraise, process loan deals emanating through origination, participation, and sub participation, secondary market deals - for sanction by respective authority.
• Credit Risk Assessment borrower wise/guarantor-wise and facility wise to ensure correct classification of financial data.
• Carry out timely Annual Review/Renewal of all loans.
• Recommend for amendments in the Facility terms as sought by the borrower(s) and /or other banks in accordance with laid down norms.
• Carry out the KYC due diligence on the borrower, directors, other officials as required by the KYC policy of SBISingapore.
• Prepare and submit control report and Action Taken Report on the observations/ conditions, stipulated by the sanctioning/ reviewing authority
• Monitoring the collection, distribution and sharing of fee amongst various stakeholders.
• Attending to Internal and External Audits including our Inspection & Audit Department (IAD) and ensuring their timely remarks/compliances.
• Liaise with Treasury / Accounts /Finance / Credit admin / Risk Management team to get regular updates on reference rates, cost of funds, yields, exposure levels, sectoral outlook.
• Preparation of Monthly Reports/ Slides for monthly / quarterly branch / IBG review meetings.

Skills

Financial analysis

Credit assessment

KYC compliance

Communication skills

Team leadership

Attention to detail

Education

Bachelor's degree

Tools

Banking systems

Job description

Responsibilities:

• Generation and sourcing of business leads for the branch and to achieve the budgeted growth in advance and income level set in Halogen by active marketing.
• Attend road shows arranged for various companies (both India Based and Local entities), subsequent follow up with other MLABs and participants related to syndicated loans
• Preliminary scrutiny of credit proposal based on deal details.
• Responsible for preparation of appraisal memorandum of a borrower entity.
• Classification of various items of P&L, balance sheet of the borrowing entities as per Bank's instructions and the applicable accounting standards and preparation of CMA
• Analyze financial statements and credit profile including industry and management parameters to determine the degree of risk involved in extending credit or lending money.
• Preparation of credit applications and annual credit reviews involving in-depth analysis of customer's financial standing, industry review, business outlook, risks and opportunities.
• Collation of data on the company and its rating and opinion reports.
• Compare liquidity, profitability, and credit histories of establishments in the same industries and geographic locations.
• Analyze and provide input on loan policy issues and credit structures, ensuring that the final credit proposal to be presented is mutually acceptable.
• Appraise, process loan deals emanating through origination, participation, and sub participation, secondary market deals - for sanction by respective authority.
• Credit Risk Assessment borrower wise/guarantor-wise and facility wise to ensure correct classification of financial data.
• Carry out timely Annual Review/Renewal of all loans.
• Recommend for amendments in the Facility terms as sought by the borrower(s) and /or other banks in accordance with laid down norms.
• Carry out the KYC due diligence on the borrower, directors, other officials as required by the KYC policy of SBISingapore.
• Prepare and submit control report and Action Taken Report on the observations/ conditions, stipulated by the sanctioning/ reviewing authority
• Monitoring the collection, distribution and sharing of fee amongst various stakeholders.
• Attending to Internal and External Audits including our Inspection & Audit Department (IAD) and ensuring their timely remarks/compliances.
• Liaise with Treasury / Accounts /Finance / Credit admin / Risk Management team to get regular updates on reference rates, cost of funds, yields, exposure levels, sectoral outlook.
• Preparation of Monthly Reports/ Slides for monthly / quarterly branch / IBG review meetings.

Requirements:

• Qualification Degree or equivalent, preference will be given to those who have done courses related to Banking preference will be given for applicants with professional qualifications viz., CA, FCA, MBA /MSc (Finance) and/or relevant Financial certifications
• Minimum Banking experience of 3 years ideally in the fields of Credit
• Strong understanding of financial compliance
• Sound knowledge of banking systems/ processes/ procedures
• Sound Knowledge of commercial credit products
• Good managerial skills and analytical mind-set
• Dynamic personality to work with the team and provide guidance to others.
• Good management skills and analytical mindset one who can effectively analyse a situation and make decisions to address issues/problem.
• Excellent communication and interpersonal skills with the ability to interact with all levels of staff and top management