Reporting to the Head of Credit Administration, you will be part of a 5-member team to provide credit and loan administration support to the business.
Your responsibilities include:
Liaise with business/legal in review of loan/collateral documentation, agency agreements, sale & purchase agreements and loan transfer documentation (e.g. assignment agreements, participation agreements and trade confirmations) for setting up of facilities, payment mechanism and monitoring requirements, registration of documents in the systems
Review of the completeness and acceptability of the legal documents and ensuring that follow up actions are taken by the business.
Ensure loan related payments, e.g. retentions, are done in time.
Monitor facilities’ covenants.
Maintain and monitor collateral register including insurances and ensure adequate collateral coverage.
Register security records in the bank’s system
Safekeep original security documents
Prepare monthly reports (for eg: relating to monitoring of covenants monitoring of incomplete/missing/expiring legal agreements)
Complete sell-downs, including confirmation, settlement, payment and accounting entries.Liaise with business, loan agents, participants, counterparties regarding deal completion, loan
positions, cash distributions and fee settlement.
Ensure conditions precedents are fulfilled prior to facility booking and drawdown respectively.
Carry out loan administration activities such as rate fixing, setting up of facilities, loandrawdown, roll-overs, repayments, prepayments and deposits.
Handle customers’ account opening processes.
Requirements
At least 8 years of experience in loan & credit administration, particularly in loan booking, reviewing loan documentation for administration matters, account opening and credit monitoring.
Experience in handling shipping, transportation, infrastructure or real estate loans is preferred.
Able to work late when required
We would appreciate it if you could forward to us your CV in MS WORD FORMAT, quoting PSD Job Reference Number JCX1047742 to finance.sg@asia.psdgroup.com
We regret that only shortlisted candidates will be notified.
