Senior Analyst/Assistant Vice President, Credit Middle Support

SUMITOMO MITSUI BANKING CORPORATION Singapore Branch; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A leading international bank in Singapore is seeking an experienced professional to oversee credit applications and ensure compliance with regulations. The ideal candidate possesses a degree in Banking and Finance and has extensive experience in corporate banking. Strong attention to detail, organizational skills, and the ability to work in a team are crucial for success in this role.

Qualifications

• Minimum 7-10 years of relevant experience in corporate banking.
• Open mindset with willingness to learn and adapt.
• Detail-oriented and organized in checking compliance.

Responsibilities

• Dual role functions as maker and checker.
• Ensure compliance with HO and MAS regulations.
• Monitor progress on credit applications and approvals.

Skills

Knowledge of corporate banking products

Strong interpersonal communication skills

Diligent and organized

Ability to monitor and manage transactions

Education

Degree in Banking and Finance or equivalent

Job description

Responsibilities

• Dual role functions as maker and checker.
• Ensure proper and timely checks on compliance with HO and MAS regulations and guidelines on credit applications received.
• Monitor progress on approval of credit applications.
• Check contents of loan/security agreements for adherence to approved credit terms and conditions.
• Control collection of credit documentation (facility and security documents and CP/CS documents).
• Instruct registration of facility limits/collaterals in systems when documentation is complete/CPs complied.
• Monitor collateral condition (expiry dates and adequacy of insurance policies, collateral valuation, etc.).
• Monitor and manage irregular/exceptional handling transactions until satisfactory closure.
• Monitor/check Master Covenant Control and loan covenant compliance.
• Provide information on collaterals and MT12 Credit Supplementary to FCG for MAS610 reporting.
• Support for various business units and back-office staff members by providing necessary information on credit control matters.
• Preparation of Management/MAS/internal reports.
• Participate in initiatives and projects as assigned.
• Any other matters that may be assigned from time to time.

Requirements

• Degree in Banking and Finance or equivalent with at least 7-10 years of relevant experience.
• Candidates with lesser experience will be considered at Senior Analyst level.
• Knowledge of corporate banking products - working capital loans, real estate loans, foreign exchange, etc.
• Diligent, organized, and meticulous with keen eye for details.
• Open mindset with willingness to learn and is receptive to transformational changes.
• Both a team player and active independent contributor.
• Possess strong interpersonal communication skills.