We are in need of an energetic Loan Admin Officer to join our dynamic team at Morgan McKinley in Singapore River, Central Region.
Growing your career as a Contract/Temp Loan Admin Officer is an awesome opportunity to develop useful skills.
If you are strong in strategic planning, time management and have the right attitude for the job, then apply for the position of Loan Admin Officer at Morgan McKinley today!
Loan Admin Officer
Contract: 12 months – highly renewable
Job Description:
- Support the creation of legal paperwork for credit services, like drafting facility letters and security documents, examining operational aspects, confirming authorized signatures, and pre-checking conditions with collaboration from Business representatives, Legal Department, and Financial Documentation Markets and International Branches.
- Track and manage pending legal agreements, register and implement credit limits in the bank's systems, handle loan operations tasks such as disbursing new loans, managing funding requirements, and arranging rate fixing, as well as processing SWIFT Payments, booking loans, handling rollovers, repayments, and collecting principal repayments, interest, and fees.
- Report overdue payments or irregularities, maintain a diary of covenant deadlines, request necessary documents from customers or Facility Agent for covenant compliance checks, report long outstanding documents and overdue covenants, and prepare reports assigned by the Team Lead.
- Monitor annual credit review dates, ensure accuracy in maintaining collateral information in local and Head Office systems, assess collateral adequacy, manage data, and communicate information for both local and Head Office regulatory reporting.
- Actively participate in system user acceptance testing, assist in updating Work Instructions and Procedures Manual, contribute to process improvement, best practices, efficiency projects, and cost-saving initiatives, and undertake adhoc duties and projects as assigned by the Team Lead.
Requirements:
- Bachelor’s Degree in Banking, Finance, Law or Equivalent
- At least 2-4 years of relevant experience in loan processing, loan closing and/or portfolio management
- Strong organizational skills with strict attention to detail.
- Ability to work independently and collaboratively.
Interested candidates may apply through the application system or send it to [email protected]. Shortlisted candidates will be notified.
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Morgan McKinley Pte Ltd
Koh Boon Sien
EA Licence No: 11C5502
EA Registration No. R1110345
Benefits of working as a Loan Admin Officer in Singapore River, Central Region:
● Excellent Benefits Package
● Room for Advancement
● Competitive salary