Bank of Singapore opens doors to new opportunities.

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

• Perform input and/or authorisation of facility static information into various credit systems based on credit approvals
• Perform input and/or authorisation of non-marketable collateral static information into various credit systems based on credit approvals
• Maintain and manage list of non-cash collateral for timely follow ups of updated property valuations, insurance cash surrender values, fire insurance, etc.
• Liaise with external parties for credit related activities such as redemption of property, requesting for property valuation reports, insurance cash surrender values updates, etc.; any deviations to be escalated internally for resolution
• Serve as the last line of defense between approval and limit loading in ensuring that all relevant approvals, credit documentation are in place before availing limits
• Maintain credit files
• Daily monitoring of credit / regulatory violations (margin shortfalls, limit excesses, including violations without prior approval) for Singapore and Hong Kong booking centres; follow up with Front Office till resolution. Ensure that credit violations are escalated and reported in a timely manner to the relevant parties
• Maintain accurate records of margin exceptions approved and ensure timely follow up when due for renewals; provide timely submission of internal charges borne by Front Office
• Prepare and issue margin call, demand and/or ad-hoc credit letters
• Monitor and track post drawdown conditions, ensuring appropriate and timely escalations to the relevant parties
• Review and calculate portfolio transfer requests and redemption requests
• Prepare internal reports for internal and external stakeholders
• Assist with the review of and update of procedures and guides
• Provide effective support for queries from Front Office
• Contribute to the successful delivery and enhancements of systems and processes
• Contribute to additional assignments designated by Head of Post Approval

Requirements

• Preferably graduate degree in banking/finance but not absolutely necessary provided candidate has the relevant experience
• Candidate should have minimum 3 years of experience in credit administration
• Understand the credit end-to-end life cycle, and preferably with reasonable familiarity in the areas of mortgage restructuring and amortizing loan structures
• Demonstrate interest in the financial markets and good understanding of risk and control concepts
• Able to prioritise, organize and work independently
• Demonstrate flexibility and willingness to accept new assignment and challenges in a rapidly changing environment
• Sound knowledge of Microsoft applications is a pre-requisite