Overview

Corporate Credit Admin

Credit Services Officer (1 year contract, Manager), Corporate Credit Admin – BBCA  – (250000LH)

Description

 

Responsibilities

  • Ensure timely, accurate and effective credit administrative support to Group Wholesales Banking in granting credit facilities (bilateral / syndicated loans) which includes the following areas:
    1. Implementation / restructuring of credit facilities
    2. Disbursement of loans
    3. Redemption of loans
    4. Annual review of the legal documentation for credit facilities
  • Verify approvals are in accordance with Credit Policy’s Lending Authority Limits
  • Ensure conditions of approvals, loan documentation comply with terms of approval prior to implementation/disbursement of facilities
  • Adhere to documented procedures, control guidelines, policy, and compliance framework
  • Ensure covenants, exceptions are logged, monitored & followed-up and through
  • Work with relationship managers, risk managers, policy and internal legal on loan documentation matters
  • Implement facility limits, maintain accurate credit documentation and transaction records
  • Provide instructions and liaise with downstream to setup loan account and tranche for disbursement
  • Attend to business partners’ queries & requests timely
  • Contribute to process improvements and quality projects to enhance productivity and improve service
  • Conduct regular review on operation process/workflows, update the control procedures manual and assist in ad-hoc projects, if necessary
  • Assist in collating MIS data
  • Assist in reporting to Regulatory bodies

 

Qualifications

 

Qualifications

  1. University degree or Poly Graduate or Diploma Holder
  2. Well verse in credit administration functions including:
  3. Minimum 5 years extensive experience in legal documentation review for large corporate banking lending business prepared by both in-house (Letter of Offer) and external legal counsels (Facility Agreement)
  4. Functional area:
    • Shipping / Aircraft financing
    • Property financing
    • Project financing
    • Conglomerate financing
    • Commodities financing
    • Sustainable financing
    • Acquisition financing
  • Familiar with regulatory requirements – e.g. MAS637, MAS757, S35, S29
  • Product domain
    • Loan
    • OD
    • Trade Finance
    • Supplied Chain Products
    • Treasury
  • Analytical with a keen eye for details, neat and meticulous
  • Pro-active, good interpersonal and communication skills
  • Able to work under stress and adaptability to changes
  • Good team player and able to motivate team members to meet/exceed expectations and manage team efficiency
  • Proficient in the use of various Microsoft Office applications
  • Able to initiate/manage process improvements to improve staff productivity or service satisfaction

 

Primary Location

: Singapore

Job

: Finance System & Process Change

Organization

: Corporate Credit Admin

Schedule

: Contractual

: Full-time

Job Posting

: 08-Apr-2025, 2:21:31 PM

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About OCBC Bank

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.