For Recruiters

Credit Admin (Corporate Banking)

Search Ally Pte Ltd
Singapore
Posted 2 days ago Contract $6K- $6.5K per month
L
Posted by
Lily Yang
Recruiter

Salary: $6K - $6.5K
Industry: Banking
Location: Central

Responsibilities:

  • Documentation checking & safekeeping
  • Management and Regulatory Reporting
  • Tracking & updating of outstanding documents & expired collaterals
  • Covenants monitoring & updating
  • Provide approvals for loan drawdowns, rollovers and withdrawal from pledged accounts
  • Render assistance and support in the day-to-day control and monitoring for the Loan Agency function
  • Oversee Agency administration for syndicated facilities where the bank assumes agency roles such as Facility / Security Agent / Account Bank role(s)
  • Liaise with Front Office officer and legal counsel (external or internal) on documentation matters
  • Coordinate and facilitate the operational matters that may include utilization requests, rate-fixing, rollovers between the borrower and the lenders
  • Monitor loan movements, ensure principal repayment and loan interest are received on due dates for distribution to lending syndicate. Coordinate the receipt / distribution of Arrangement Fees, Upfront Fees, Commitment Fees etc between Borrower and Lenders if required
  • Coordinate and remind the Borrower so as to assist them in their timely submissions of the information (financials, compliance, etc) as required under the agreement
  • Repayments in accordance with the relevant provision of the agreement
  • Liaise with professionals as appointed by the lenders per the agreement (such as project consultants and Independent Engineers, Shipyard) to receive the required reports per the agreement and assist monitor to milestones (if relevant)
  • Handle administrative tasks including preparation of reports and agency support
  • Any ad-hoc duties/projects as delegated

Requirements:

  • 2 years of relevant experience in bank.

SEARCH ALLY PTE LTD | [EA License Number] 18C9289 | [Registration Number] R1551292

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