Loan Operations Specialist
Job description
Our client, a leading bank with a strong reputation, is seeking to expand its private banking operations in Singapore. As a Loan Operations Specialist you will play a crucial role in this exciting expansion. Joining as one of the first team members, you will help establish key processes and policies, ensuring the smooth management of daily functions. This is a unique opportunity to be at the forefront in shaping the future of their private banking division.
Responsibilities
Primary responsibility for the preparation and verification of Private Banking loan documentation, including Facility Letters and security documents.
Work closely with relationship managers, in-house and external legal counsel to track and follow up on outstanding documentation. Ensure all conditions precedent are met before proceeding to limit setup.
Coordinate with solicitors, property valuers, insurers, and brokers to ensure all required due diligence and documentation are duly executed.
Draft and prepare Notification letters and Termination letters as needed.
Conduct UAT testing when assigned, to ensure systems and processes are functioning correctly.
Perform day-to-day processing of new loan drawdowns and loan rollovers in the Avaloq system.
Daily reporting whenever required.
Requirements
Diploma/Bachelor's Degree in Business Administration or other discipline.
Prefer 5 years of working experience within banking, particularly in PB loans documentation.
Proficient in speaking and reading English & Mandarin.
Evidence of good organisational and communication skills.
Ability to manage multiple tasks and deadlines effectively.
Benefits
Competitive salary and benefits.
Opportunities for professional development and for career possibilities
A collaborative and supportive work environment.
Variable Bonus.
Comprehensive insurance and welfare.
Parental support.
Around 20 days of AL + other types of leave.
Salary: Up to SGD$84K per year (negotiable)
If you are interested in this role or would like to have a discussion, please reach out to functions@tenten-partners.com.
Equal Opportunity Statement
TENTEN Partners is an equal opportunity firm and is committed to providing equal employment opportunities to all qualified individuals without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected characteristic as outlined by applicable.