Overview
Corporate Credit Admin
Description
Job Description
Responsible for managing a portfolio of complex documentation deals, and handling middle office operations (implementation, drawdowns, credit reviews) and Risk and Control functions in a dynamic, cross-functional team in Corporate Credit Administration – Business Banking Credit Administration (CCA-BBCA) supporting Group Wholesale Banking, Global Markets, and Risk Management.
Responsibilities
Ensure timely, accurate and effective credit administrative support to Group Wholesale Banking (GWB) in granting credit facilities (bilateral / syndicated loans) which includes the following areas:
o Implementation / restructuring of credit facilities
o Disbursement of loans
o Redemption of loans
o 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
- Undertake coordinator role for the Department’s business continuity plan and other risk related functions
- Perform periodic risk controls self-assessments
- Conduct regular review on operation process/workflows, update the control procedures manual and assist in ad-hoc projects, if necessary
- Contribute to process improvements and quality projects to enhance productivity and improve service
- Assist in collating MIS data
- Assist in reporting to Regulatory bodies
Qualifications
Qualifications
Bachelor’s degree from a reputable university (Singapore or overseas) - Minimum 10 years extensive experience in Credit Administration and Legal Documentation review for large corporate banking and medium-sized business banking lending business
- Experience in preparing in-house (Letter of Offer) and external legal counsel documentations (Facility Agreement)
- Functional knowledge includes:
o Shipping / Aircraft financing
o Property financing
o Project financing
o Conglomerate financing
o Commodities financing
o Sustainable financing
o Acquisition financing
Familiar with regulatory requirements including MAS637, MAS757, S35, and S29 - Extensive product domain including:
o Loan
o OD
o Trade Finance
o Supplied Chain Products
o 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
Competencies
Action Oriented: take on new opportunities and tough challenges with a sense of urgency, energy, and enthusiasm - Collaborates: build partnerships and working collectively with others to meet shared objectives
- Courage: step up to address difficult issues and say what needs to be said (speak-up)
- Relationship Focus: build strong business and customer relationships and deliver customer-centric solutions
- Instills Trust: gain confidence and trust of others through honesty, integrity, and authenticity
- Nimble Learning: active learning through experimentation when tackling new problems, using both successes and failures as learnings
- Decision Quality: make sound and timely decisions to keep the organization moving forward
- Drives Vision & Purpose: paint a compelling picture of the vision and strategy that motivates others to action
- Gives Clarity & Guidance: provide direction, delegation, and removing barriers
- Transformation Mindset: embrace and manage change management projects to improve operations excellence, service quality, and client experience
- Risk Management: protect the organization from financial, operational, regulatory, and reputational risk
Who you work with
Group Operations and Technology (GO&T) co-creates products and solutions. We build the underlying technology applications and services. And manage the Group’s IT operations & cyber defence. 24×7 and 365-days. End-to-end transaction fulfilment services. For the whole Group. With singular focus. Delivering exceptional customer experience. At the forefront of our digital transformation journey. Relentless innovation. Pushing boundaries. All fuelled by serious investment in your development.
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.
