Loan Documentation Lead Sg - Singapore - CIMB Group

CIMB Group

Verified Company

Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

**Responsibilities: - Responsible for preparation of loan documents in compliance with credit approvals, ensure all relevant conditions and/or covenants jurisdictional specific clauses are included in drafted documentation

Perform documentation and other required checks for returned documentation to ensure completeness and accuracy, validate fulfilment of conditions precedent, perfection of collaterals and compliance with internal policies and procedures
Checking and tracking of collateral and loans documentation, covenant expiry and renewal
Maintain oversight of all document deficiencies and follow up with Front Office
Liaise and follow up with internal and external stakeholders (e.g. solicitors and valuers to facilitate completion of mortgage documentation; brokers to facilitate insurance documentation) to ensure timely completion of documents
Liaise with PB Credit Solutions on the documentation and execution of complex credit deals
Timely completion of legal/securities/loan documentation and liaise with law firm for charge registration
Lodgment of completed documentation and tracking of documentation perfection
Manage registration of loans documentation with respective countries' registrar or government agencies
Followup closely on all decisions taken by the credit approving authorities and monitor post lending terms and conditions
Processing and instructing loan administration on limit creation, disbursement, repayment, rollover, redemption, collaterals and annual review etc.
Liaise with other operation teams within the bank on limit setup and loan documentation
Handle local and overseas property mortgage and insurance assignment
Handle single premium insurance loans
Process payment of valuation/legal/stamping fees
Liaise with Malaysia, Indonesia & Thailand counterparties on cross border lending
Liaise with Project and IT team to ensure the BAU system issues are attended in time
Liaise with internal/external lawyers, insurers and property valuers
Manage PB projects and other project assignments
Handle internal and external audits
Continuous process improvement
Tracking and preparing SLA, Management reports
Ensure PB Ops KRI / Risk Control Self-Assessment checks are done periodically Perform UAT and BCP Testing

**Requirements:

Qualifications:

Minimally, a Diploma/Degree holder

Professional Qualification and/or Regulatory, Licensing Requirements

Knowledge of IT systems, such as Avaloq and Triple-A will be an advantage Knowledge and understanding of PB loan products, including documentation and processing

Relevant Work Experience

More than 5 years of related experience, with at least 3 years of PB-related experience

Competencies and Skills