SVP Head of Credit Administration and Reporting, GWBGMTO

1011 United Overseas Bank Ltd; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

1011 United Overseas Bank Ltd in Singapore is seeking a Head of Credit Administration and Reporting to oversee the department, ensure compliance with policies, and drive improvements in credit facilities risk and reporting.

You will lead a team, manage regulatory reporting, and collaborate with stakeholders to deliver timely results, while developing talent and delivering projects within budget.

Qualifications

• Bachelor degree in related discipline.
• 12-15 years’ experience in wholesale and retail lending, credit, treasury and trade operational processes.
• Sound knowledge of lending, credit, treasury and trade financing regulations (MAS notices).
• Proven track record in managing a sizeable operation team with strong leadership.

Responsibilities

• Lead and manage the processing team including credit administration and regulatory-management reporting, operations and projects delivery.
• Oversee day-to-day operations and projects of wholesale and retail credit administration and operations as well as processing of group regulatory reporting cum management reporting.
• Demonstrate functional and technical expertise to perform core job aspects.
• Formulate system and work processes and drive improvements for operational and project requirements.
• Coordinate with stakeholders to ensure successful delivery of systems, processes, and projects initiatives.
• Manage projects undertaken by the department with agreed terms, within time and budget.
• Perform group regulatory reporting (MAS notices 757, 637, 643/643A, 656, etc.).
• Perform group-management reporting.
• Ensure monitoring of Treasury and Credit Facilities exposure within approved Limits.
• Verify approval on excesses including MTM excesses.
• Ensure security covenants are provided (insurances, valuation reports) throughout deal lifecycle.
• Monitor and comply with financial covenants and project covenants.

Skills

Leadership

Communication

Analytical thinking

Regulatory knowledge

Oracle

Education

Bachelor's degree in related discipline

Tools

Oracle

Job description

Company: 1011 United Overseas Bank Ltd About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description Group T&O – Credit Administration and Control Credit Administration and Control provides back office credit processing and credit administration support to credit / business units of the Bank.

Head of Credit Administration and Reporting Credit Administration and Reporting is a Department reporting to Division Head of Credit Administration and Control. As Head of Credit Administration and Reporting, you will be responsible for the smooth operation of the Department effecting credit compliance, overdue credit verification review, credit facilities excess verification review, covenants compliance review, credit administration as well as group regulatory reporting cum management reporting and smooth delivery of projects affecting the department. Apart from monitoring risk controls and ensuring compliance with the Bank's credit policies and statutory-regulatory provisions, you will be expected to lead and be involved in talent development of the team. You will also champion the operation service model and projects initiatives to constantly seek out improvements for existing and future services and processes to achieve operational excellence.

Responsibilities

• Lead and manage the processing team which includes credit administration and regulatory-management reporting, operations and projects delivery.
• Responsible for the day-to-day operations and projects of wholesale & retail credit administration and operations as well as processing of group regulatory reporting cum management reporting.
• Demonstrates functional and technical expertise required to perform core aspects of the job.
• Able to formulate system and work processes and process improvements for a holistic approach to operational and projects’ requirements.
• Coordinate with stakeholders to ensure successful delivery of systems, work processes, process improvements and projects’ initiatives.
• Manage projects undertaken by Department in accordance with agreed project terms and ensure successfully implementation within agreed time frame and budget.
• Perform group regulatory reporting (including MAS Notice 757, MAS Notice 637, MAS Notice 643/643A, MAS Notice 656, MAS Top Borrower Group Survey, etc.).
• Perform group-management reporting.
• Effect independent review and escalation of overdue credit review.
• Ensure the monitoring of Treasury and Credit Facilities exposure are operating within approved Limits.
• Effect independent verification of approval on excesses including MTM excesses.
• Ensure the required security covenants are provided such as insurances, valuation reports are in place throughout the deal lifecycle. Ensure the monitoring of Financial Covenants and Project covenants are properly managed and complied.
• Effect independent verification of compliance of post disbursement covenants-credit conditions and escalation of non-compliance-breaches of covenants-credit conditions.

Qualifications

• Bachelor degree in related discipline.
• At least 12-15 years’ experience in wholesale and retail lending, credit, treasury and trade operational processes and possesses areas of expertise in credit administration, credit operations, regulatory, legal compliance, group regulatory – management reporting and data management.
• Equip with functional and technical expertise required to perform core aspects of the job, including sound knowledge of lending, credit, treasury and trade financing, regulations (including MAS Notice 757, MAS Notice 637, MAS Notice 643/643A, MAS Notice 656, MAS Top Borrower Group Survey, etc.) and legal guidelines.
• Proven track record in managing a sizeable operation team with strong exposure to both retail and wholesale credit lending, and knowledge of relevant application systems.
• Well-developed leadership, communication, interpersonal and organization skills.
• Strong quantitative, analytical, and problem solving skills.
• Sound regulatory knowledge with database management skills including Oracle skills is an advantage.
• Ability to manage multiple initiatives and to work under challenging and demanding circumstances to meet deadlines.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices throughout the region.

Career Site: UOB Career site