Team Lead (Operations) - Private Bank

BEARING SEARCH PTE. LTD.; Singapore; On-site; SGD 150,000 - 210,000; Full time

Job summary

BEARING SEARCH PTE. LTD. in Singapore seeks a seasoned Banking Operations Leader to oversee credit documentation, loan administration and PB operations, ensuring accuracy and regulatory compliance.

You will manage a team across credit, accounts, and product implementations, drive process improvements, and coordinate with HK/Head Office for policy adherence.

Qualifications

• University degree in Banking, Business Administration, Finance, Accounting or related disciplines.
• Minimum 10 years banking experience in credit documentation and admin; 5 years supervisory.
• Experience in corporate credit and security documentation, lending products and deposits.
• Familiar with collateral registration and lodgement procedures.
• Understanding AML/CFT regulatory requirements and operational controls.
• Proficient in MS Word/Excel; experience with Core Banking, IMEX, MUREX, ALS.
• Strong project management skills and proven leadership capability.

Responsibilities

• Lead and manage a team across credit documentation, loan administration and PB operations.
• supervise credit documentation activities, facility letters and security docs.
• Monitor daily operations for accuracy, efficiency and regulatory compliance.
• Review and approve account openings, loan agency transactions and PB activities.
• Drive process improvements and coordinate cross-border with HK and Head Office.

Skills

Team leadership

Credit documentation

Project management

Banking operations

AML/CFT

MS Office

Education

Bachelor's degree in Banking/Finance

Tools

Core Banking System

IMEX

MUREX

ALS

Job description

Job Summary:

To lead and manage a team to perform: - Credit documentation / administration, and line implementation functions;Loan agency, loan operations / administration, account opening / maintenance, account servicing functions and PB products such as premium financing and Lombard loan.Project management for credit, loan, account and PB operationsSupervise and manage PB Operations.

Job Description:

Credit Documentation

• 1. Supervise and monitor credit documentation and administration activities covering facility letter preparation and credit and security documentation.
• 2. Verify and authorize facility limit implementation and maintenance.
• 3. Oversee to ensure:
  • (a) effective control of all areas and monitor the accuracy and efficiency of daily operations.
  • (b) credit, security and collateral documents are properly and promptly safe-kept and lodged.
  • (c) all processes comply with Singapore and Hong Kong regulatory requirements.
• 4. Determine, report operational irregularities and formulate corrective actions, if any.
• 5. Establish:
  • (a) appropriate procedures for credit documentation and administration and update where appropriate.
  • (b) working partnership with colleagues in Operations HK on operations, product implementation and/or Head Office's internal and external counsel on legal and documentation issues.
• 6. Review those covenants, terms & conditions and financial statements are tracked and monitored.
• 7. Improve processes and procedures so as to provide quality services to clients / front office and coordinate with other departments for the Bank/Branch's achievement of targets/objectives.
• 8. Check and review the terms and conditions of credit approval and incorporate in credit documentation.
• 9. Prepare &/or check periodic reports to MAS, HKMA, HO and local franchise where applicable.
• 10. Participate in projects including system implementations/enhancement, procedure review & streamlining, UAT and other ad-hoc tasks.

Loan Agency/Loan Administration/Account Operations/PB Operations

• 1. Ensure:
  • (a) all procedures established are strictly followed and to adopt changes whenever necessary with timely update of operational procedural manuals.
  • (b) team resources are monitored and fully utilized so as to maximize team productivity.
• 2. Monitor and maintain effective control of all areas and ensure accuracy and efficiency of daily operations.
• 3. Review and approve account opening/documentation, account data maintenance and any other account related transactions.
• 4. Verify and approve loan agency related transactions, loan draw down, rollover, repayment, fee amortization, loan transactions and PB transactions.

Job Requirement:

• University graduate in Banking, Business Administration, Finance, Accounting or related disciplines is preferred.
• Minimum 10 years of banking experience in credit documentation and administration, of which at least 5 years at supervisory level.
• Experience in corporate credit and security documentation, banking operations and lending products as well as deposit account servicing activities.
• Familiar with collateral registration & lodgment procedures and requirements.
• Experience in loan administration functions.
• Understanding of all operational control standards and regulatory requirements particularly on AML/CFT.
• Proficient in MS Office Suite (MS Word, Excel) programs, relevant system applications such as Core Banking System, IMEX, MUREX, ALS.
• Project Management skills.