Risk Specialist - Credit Documentation (Manager)

Bank of Singapore Limited; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

Bank of Singapore Limited is seeking a Credit Documentation professional in Singapore to prepare, review and track facility, security and collateral documents. You will ensure conditions precedents are met and liaise with legal and custodial stakeholders to safeguard perfection.

The role requires a minimum of 3 years in credit documentation, strong attention to detail and a proactive approach to risk management within a regional banking environment.

Qualifications

• Bachelor’s degree in Banking and Finance or related field.
• Minimum 3 years of credit documentation experience in a banking environment.
• Experience with real estate financing and collateral documentation is advantageous.
• Strong attention to detail and risk awareness.

Responsibilities

• Prepare standard and bespoke facility, security and ancillary documentation.
• Review documents for conditions precedents, covenants, and security provisions.
• Track document issuance, execution, return and outstanding items end-to-end.
• Liaise with legal counsels, valuers and custodians to facilitate execution.
• Support audit, controls and regulatory reviews and process improvements.

Skills

Credit documentation

Due diligence

Documentation tracking

Stakeholder coordination

Education

Bachelor’s degree in Banking and Finance

Job description

Bank of Singapore opens doors to new opportunities. At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

Credit Documentation Preparation

• Prepare standard and bespoke facility, security and ancillary documentation in accordance with approved credit terms and internal requirements.
• Ensure all relevant conditions precedent, covenants, security provisions and jurisdictional requirements are appropriately incorporated.
• Conduct necessary due diligence.
• Support the preparation and issuance of ad hoc documentation, amendments, waivers and other documentation as required.

Documentation Review and Compliance with internal due diligence

• Review executed documentation to ensure completeness, fulfilment of conditions precedents, collateral perfection and adherence to approved credit terms.
• Review legal opinions and documentation related advice, assess documentation implications and work with stakeholders to resolve issues and identify practical solutions.
• Verify compliance with credit approvals and internal requirements.

Documentation Tracking and Security Perfection

• Manage the end to end tracking of document issuance, execution, return and outstanding items, ensuring timely follow-up and completion.
• Track for document deficiencies, ensuring that security is perfected as required and escalates as per internal guidelines.

Stakeholders Coordination and Business Support

• Independently liaise with internal and external stakeholders including legal counsels, valuers, and custodians) to facilitate documentation execution and collateral perfection.
• Provide timely support and guidance to Front Office and internal stakeholders on documentation related matters and requirements.

Documentation Custody and Record Maintenance

• Ensure timely lodgment, safekeeping and maintenance of documentation and credit files.

Controls and Governance

• Perform periodic reviews and control checks on security documentation and collateral records.
• Support audit, compliance and/or regulatory review activities where required.

Projects and Continuous Improvement

• Participate in projects, system enhancements, UATs and process improvement initiatives.
• Assist in the review and enhancement of procedures, guidelines and documentation templates.

Requirements

• Bachelor’s degree in Banking and Finance, Business or a related discipline preferred
• Relevant professional experience may be considered
• Minimum 3 years of relevant experience in a credit documentation role in a similar environment
• Experience in private banking documentation is advantageous
• Experience with real estate financing, securities-backed lending, premium financing and related collateral documentation will be highly beneficial
• Strong knowledge of credit and security documentation within a banking environment
• Ability to independently manage documentation processes and resolve issues with minimal supervision
• Strong analytical skills with the ability to assess legal and documentation risks
• Meticulous attention to detail and strong control mindset

Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.