Senior Associate - Credit Operations

• The Loan Service team sits with the Credit Operations department within CIB IT and Operations in the bank.
• The Loan service team manages the events within the life cycle of a loan once a credit facility has been granted to a client (primarily corporate clients) and is split into 2 functions: the middle office function and the back office function. The responsibilities highlighted hereunder is part of the middle office function.

Responsibilities

Management of the life cycle of a corporate loan in the Loan Service Middle Office team:

- Consisting of vanilla loans, syndicated loans and bilateral structured loans.

- Ensures all processes and controls related to pre-booking (limit check, callback, etc) are performed in accordance with the teams established operational procedure and within the internal control framework of the bank.

- Communicates clients request to Treasury team to ensure the clients request is properly funded before actual drawdown.

- Management of the loan lifecycle in the banks internal system in accordance with the clients instruction.

- Manages the post-booking loan events such as fee management, invoicing, chasing.

- Liaises with relevant stakeholders of the bank in case of abnormal events.

- Applies exceptional procedures as designed by the team where needed.

- Reporting and management of loan provisioning process in close co-ordination with Finance and dedicated front office desks for handling such types of loans.

Ensures operational excellence.

- Ensures timeline escalation and reporting of anoamlies/incidents.

- Continuously ensures the operating procedures are reviewed and updated.

- Support and/or contribute to change initiatives (regulatory, internal, etc), as requested by the regional/global Credit Ops office.

- Contribute to all internal and external audit missions.

Good knowledge of the loan products and business lines.

Some accounting knowledge

Excellent command of MS Office (Excel + Word).

Planning & Organization skills (setup and follow schedules).

Oral and written communication skills (internal and external, from Business lines to Back Office).

The candidate shall be resourceful, willing to take responsibilities and accountabilities and work with all levels of the organization in order to fulfill expected duties. Accuracy and commitment to the job are key requirements of the job.

• Minimum 3-5 years of relevant working experience
• Diploma holder
• Meticulous and attentive to details
• Open to teamwork / team spirit
• Common sense / Ability to learn from experience.