Senior Analyst/Assistant Vice President, Credit Middle Support - Credit...

Sumitomo Mitsui Banking Corporation; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A financial institution in Singapore is seeking an experienced professional for a banking role with a focus on compliance and credit applications. Applicants should have a degree in Banking and Finance or equivalent, with at least 10 years of relevant experience. The ideal candidate is diligent, organized, and has strong interpersonal skills. This position involves monitoring compliance, supporting various business units, and preparing reports. A collaborative mindset is essential, as well as the ability to adapt to transformative changes.

Qualifications

• At least 10 years of relevant experience in banking.
• Candidates with lesser experience will be considered at Senior Analyst level.
• Open mindset with willingness to learn and is receptive to transformational changes.

Responsibilities

• Ensure proper and timely checks on compliance with regulations.
• Monitor progress on approval of credit applications.
• Provide information on collaterals for reporting.

Skills

Knowledge of corporate banking products

Strong interpersonal communication skills

Diligent, organized, meticulous

Education

Degree in Banking and Finance or equivalent

Job description

SMBC first opened its doors for business in Singapore in 1963. The Singapore branch was established as our hub in Asia Pacific outside of Japan in 2008 to support the growth and expansion of our customers in and across the region.

SMBC Singapore provides a comprehensive range of wholesale banking solutions as a full commercial bank in Singapore.

In 2023, we are honored to celebrate 60 years of business excellence in Singapore, the heart of our business in Asia Pacific. We continue to embark on our journey with our stakeholders towards a sustainable future.

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 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.