CIMB

Agency Desk Lead SG

CIMB
BusinessSingaporeFull-time4 months ago

About the role

AI summarised

Lead the Agency Desk team in a bank, overseeing loan processing, compliance, and team management. Responsible for ensuring timely transaction processing, covenant tracking, and regulatory reporting while driving process improvements.

BusinessFull-timeGeneral

Key Responsibilities

  • Ensure effective processing of transactions to meet borrower and lenders' requirements within compromising controls
  • Initiate continuous improvements across all the key functions within the Unit in terms of processes, people & systems
  • Providing loan/credit processing support to borrowers and lenders
  • Work closely with borrower and lenders to ensure timely compliance of credit facilities in accordance to the Facility Agreement including supervision of revaluation of collaterals, shares & deposits and covenant compliance
  • Ensure proper release of collaterals/discharge of security in the event of redemption
  • To ensure the process in place for tracking and monitoring loan rollover, repayment, fee income & perform loan & fee collection as scheduled
  • To track and monitor timely submission of covenant and conditions subsequent, where applicable
  • Ensure loan processing is executed in compliance with local regulatory requirement and internal policies
  • Ensure day-to-day processing is achieved within Service Level Agreement and KPIs
  • Safekeeping of facility and security agreements / documents for the loan syndication
  • Clear AML-Norkom hits for incoming SWIFT messages pertaining to transactions involving the bank as Facility or Security Agent
  • Attend to request from borrowers' auditors for audit confirmation

Requirements

  • Minimally, a Diploma/Degree holder
  • Good knowledge on Loans (Bilateral & Syndication)
  • Knowledge in the functionalities of SIBS
  • Good communication skills
  • Meticulous & with an eye for detail
  • A good team player