Wholesale Loan Operations Specialist (Multi-Currency)

United Overseas Bank; Singapore; On-site; SGD 39,000 - 61,000; Full time

Job summary

United Overseas Bank in Singapore is seeking an organised professional to join our corporate loans operations team. The role covers end-to-end loan processing, maintenance, and reconciliations across multiple systems, aligning with regulatory requirements.

The candidate will handle daily processing, reporting, and process improvements while working in rotating shifts. A degree and 1-3 years of relevant experience are expected, with strong Excel skills and attention to detail.

Qualifications

• Degree holder with 1-3 years of corporate loans operations experience.
• Proficient in Microsoft Office, especially Excel and Word.
• Comfortable in data handling and analysis with Excel.
• Strong attention to detail and high accuracy.
• Ability to multi-task and meet payment cutoff times.
• Good communication and interpersonal skills; ability to work with stakeholders.
• Self-motivated with initiative and drive for quality work.
• Good team player.
• Willing to rotate shifts including Singapore Public Holidays.

Responsibilities

• Process a full spectrum of wholesale banking loan transactions including disbursements, repayments, redemptions, rollovers, restructuring, and account maintenance for overseas branches and booking locations.
• Process loan account setup and maintenance in MCL and related systems based on approved credit documentation and facility agreements.
• Prepare and process payment instructions, remittances, and SWIFT messages through relevant banking systems.
• Process accounting and financial entries relating to loans, payments, fees, interest, deposits, and general ledger transactions.
• Perform limit implementation and maintenance in LES and related systems.
• Conduct daily reconciliations and investigate outstanding items, breaks, and discrepancies promptly.
• Ensure transactions are processed accurately within turnaround times and SLAs.
• Adhere to MAS regulations, local regulatory requirements, bank policies, and procedures.
• Escalate operational exceptions, discrepancies, and control concerns to Team Leaders or approvers.
• Maintain high standards of productivity, accuracy, customer service, and operational quality.
• Support the preparation of regular and ad-hoc operational reports and MIS.
• Maintain proper records, filing and archival of loan documents and operational records.
• Support system testing, UAT, and implementation activities when required.
• Assist in updating operational procedures and process manuals.
• Participate in process improvement and automation initiatives to enhance efficiency and controls.
• Collaborate with internal stakeholders to resolve operational issues and support business requirements.

Skills

Microsoft Excel

Data analysis with Excel

Attention to detail

Multi-tasking

Communication skills

Independent working

Team player

Shift flexibility

Education

Bachelor's degree

Job description

United Overseas Bank in Singapore is seeking an organised professional to join our corporate loans operations team. The role covers end-to-end loan processing, maintenance, and reconciliations across multiple systems, aligning with regulatory requirements.

The candidate will handle daily processing, reporting, and process improvements while working in rotating shifts. A degree and 1-3 years of relevant experience are expected, with strong Excel skills and attention to detail.