Risk Specialist - Credit Documentation (Manager)

OCBC; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

Bank of Singapore in Singapore is seeking aCredit Documentation professional to prepare standard and bespoke facility and security documents in line with approved terms. You will review conditions precedent and collateral, conduct due diligence and coordinate with legal counsels and custodians to ensure timely execution.

The role requires a Bachelor’s degree in Banking and Finance or related discipline, with at least 3 years of relevant experience in credit documentation, including real estate

Qualifications

• Bachelor’s degree in Banking and Finance, Business or related discipline preferred
• Minimum 3 years of relevant credit documentation experience
• Experience with real estate financing, securities-backed lending and collateral documentation
• Strong knowledge of credit and security documentation within banking
• Ability to manage documentation processes with minimal supervision
• Strong analytical skills and risk assessment abilities
• Meticulous attention to detail and strong control mindset

Responsibilities

• Prepare standard and bespoke facility, security and ancillary documentation per approved credit terms
• Ensure conditions precedent, covenants, security provisions and jurisdictional requirements are incorporated
• Conduct necessary due diligence and support ad hoc amendments or waivers
• Review documentation for completeness and compliance with internal requirements
• Coordinate with legal counsels, valuers and custodians to facilitate execution
• Track end-to-end documentation issuance, execution and custodial records
• Support audit, compliance and regulatory review activities

Skills

Analytical skills

Attention to detail

Independent worker

Education

Bachelor’s degree in Banking & Finance or related

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 escape 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