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Manager, Corporate Credit Administration (Wholesales Banking)

icon building Company : Ocbc Bank
icon briefcase Job Type : Full Time

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Job Description - Manager, Corporate Credit Administration (Wholesales Banking)

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

 Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

 We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

Job Summary

  • Prepare and/or review loan documents (including but not limited to facility letters, facility agreements, security documents and instruction letters) for customers of WBG segments of the Bank.
  • Conduct pre-drawdown checking, verify obligors’ execution authority and ensure credit approvals authorities.
  • Handle the ad-hoc tasks and the administration work of LON-CCA.

Responsibility

- Handling in full spectrum of loan documentation functions with focus on:

  • prepare loan documents in the Bank’s standard template forms;
  • work with BU and legal counsel to review the non-standard loan documents;
  • attend to facility and/or security registration requirements for the purpose of ensuring enforceability of loan documents and perfection of collateral;
  • lodge the original loan documents under safe custody by the Bank;
  • ensure the loan documents to fully reflect the approved T&C as well as to comply with the external and internal guidelines / policies / regulatory requirements.

- Handling the pre-closing documentation work:

  • obtain approval from BU and/or Credit Risk Unit in case of deviations between the finalized loan documents and the initial credit approval;
  • cooperate with BU and legal counsel towards CP satisfaction.

- Handling the pre-drawdown documentation work:

  • review the constitutional documents of the obligors and the corporate authorization documents of the obligors to ensure due execution of loan documents by the obligors;
  • ensure all the CP items contemplated by the Facility Letter or the Facility Agreement to be in order;
  • proceed facility limit activation by completing the case relay report for the downstream parties to further process.

- Bachelor degree or above

What we offer:


Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

Original job Manager, Corporate Credit Administration (Wholesales Banking) posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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