Vice President, Loan Operations (1-year contract)

CLIFFORD CAPITAL MANAGEMENT SERVICES PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading company in financial services is seeking an experienced professional to oversee loan operations and settlements. The role involves managing loan portfolios, ensuring compliance with policies, and collaborating with various stakeholders to deliver quality services. Ideal candidates will have a strong background in debt financing products and considerable operational experience.

Qualifications

• Minimum 5 years experience in Loan Operations and Settlements.
• Strong knowledge of debt financing products and trade workflows.

Responsibilities

• Support team in managing and overseeing the loan portfolio.
• Interpret and extract key terms from loan agreements.
• Execute drawdowns, rollovers, and trade settlements.

Skills

Loan Operations

Settlement Processes

Financial Analysis

Debt Financing Products

Trade Lifecycle Events

Education

Bachelor’s degree

Job description

Reporting to the Team Lead, the incumbent, among other responsibilities, will support the team in managing and overseeing the loan portfolio, ensuring accurate loan account maintenance, processing payments, handling inquiries and ensuring compliance with lending policies and regulations. This role involves working closely with borrowers, facility agents, banks and other stakeholders in delivering quality support and services including:

1. Interpret and extract key operational and financial terms from credit/loan agreements and transfer documents.
2. Translate loan documentation into operational setup, including rate terms, amortization schedules, fees and payment instructions.
3. Trade capture of loan profile, schedules and cashflows in system.
4. Execution of drawdowns, rollovers and trade settlements with Borrowers, Facility Agents, Custodians
5. Liaison with Transaction Administrator to reconcile cashflow schedules and monitor settlement activities
6. Preparation of payment notices, monitoring of repayments of the loans and bond investments
7. Address and resolve trade related discrepancies, exceptions and escalations
8. Collaborate with internal stakeholders such as front office, finance, treasury, collateral management, risk, technology teams to optimize loan operations and ensure accurate representation in systems
9. Collaborate with counterparties, custodians, clearing houses, banks and internal teams to respond, address and resolve trade settlements, payment discrepancies and escalations.
10. Support system testing and new product set up
11. Fine-tuning, developing procedures and work processes
12. Participate in projects, system enhancements and other ad-hoc tasks

Requirements:

• Bachelor’s degree with at least 5 years Loan Operations and Settlements experience in a bank or finance company, preferably with exposure to Syndicated, Bilateral Loans, SPVs, Bonds, Repos, Fixed Deposit, Remittance, Derivatives and Treasury products.
• Ability to interpret and extract key operational and financial terms from credit/loan agreements and transfer documents and translate loan documentation into operational setup, including rate terms, amortization schedules, fees and payment instructions is a must.
• Strong knowledge and understanding of debt financing products, credit agreements and trade lifecycle events.
• Familiarity with front-to-back trade workflows, loan market conventions and settlement cycles.