Manager, Credit Services - Singapore - HSBC

HSBC

Verified Company

Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Some careers have more impact than others.

If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be.

Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Private Bank seeks to be the leading international private bank for business owners and their families.

It provides clients with wealth, business and family succession solutions in the largest and fastest growing markets around the world.

At HSBC Private Bank, we put our clients at the centre of everything we do.

We are currently seeking a high calibre professional to join our team as a
Manager, Credit Services - HSBC Operations, Services and Technology.

Principal Responsibilities

Primary Role of Credit Admin (Client Services):

Preparation of credit documents to support business on a timely and accurate manner, within SLA to support business & growth
Ensure credit approval conditions/condition precedents are met before issuance of facility letter/credit lines are availed
Maintenance of credit limits/static data in systems
Timely follow up on outstanding documents and safekeeping of documents
Ensure that quarterly cash surrender values in relation to insurance policies assigned to the Bank are requested, received and updated in system in a timely manner
Ensure that Fire Insurance policies for properties pledged to the Bank are duly renewed and updated in the system
Conduct and review company searches
Prepare periodic management and regulatory reports
Liaise with internal legal department on nonstandard documentation
Liaise with external legal counsel on legal opinion, conveyancing matters, registration and etc.
Process Demand Guarantee issuance, amendment and claims
Participate in User Acceptance Testing (UAT) and provide feedback for new enhancements/projects
Others continual review of work processes to enhance/streamline so as to comply with group/regulatory/compliance requirements related to Credit documentation

Secondary Role:

As part of educating the marketing on the process, to provide guidance/advice in matters relating to documentation
To assist in audit matters, if required
Participate in any adhoc projects

Requirements

Requirements:

3 to 4 years working experience preferably in credit documentation
Knowledge of Private Banking business, as well as credit products, in particular property loans and insurance loans
Knowledge of security and lending principles
Familiar with Demand Guarantee/SBLC process
Attention to details and willingness to learn
Independent worker
Ability to prioritize workload to adhere to tight deadline
Team player ability to work well within the team and work collaboratively across the wider business and functions
Possess good written, interpersonal, communication and organization skills

To be considered for this role, the relevant rights to work in Singapore is required.

You'll achieve more when you join HSBC.
Issued by The Hongkong and Shanghai Banking Corporation Limited.