Credit Operations Associate - Singapore - NOVEL SUNKRIS BUSINESS SOLUTIONS PTE. LTD.

Description

The Credit Operations Associate will entail the job of providing MNC bank with the support to the day-to-day credit facility operations.

Responsibilities:

• Review incoming credit requests for completeness and accuracy, ensuring conversion to concise and accurately recorded credit facilities.
• Prepare Credit Approvals (CAs), conduct pre-screening of Mortgage applications, track CA progress during the approval process, and ensure approvals are obtained in compliance with policy and accurately recorded in the database.
• Maintain accurate insurance records and controls to ensure timely follow-up and renewals of required insurance for equipment and equipment liability.
• Perform data entry for Mortgage facility/GML facilities where applicable.
• Review and prepare redemption quotations for Mortgage where applicable.
• Retrieve portfolio and related credit information for internal and external auditors and contribute to achieving acceptable audit ratings.

Requirements:

• Banking Experience: Minimum of 2 years of experience in a banking or financial services role is required.
• Credit Processing: Ability to review incoming credit requests, prepare credit approvals, and track approval progress accurately.
• Attention to Detail: Must possess a keen eye for detail to ensure completeness and accuracy of credit requests and documentation.
• Data Entry: Proficiency in data entry for recording credit facilities and mortgage applications accurately.
• Compliance Knowledge: Understanding of banking policies and procedures to ensure credit approvals are obtained in compliance with policy.
• Insurance Management: Ability to maintain accurate insurance records and ensure timely renewals for required insurance.
• Audit Support: Capability to retrieve portfolio and credit information for internal and external auditors to contribute to achieving acceptable audit ratings.

Desirable Skills:

• Mortgage Processing: Experience or familiarity with pre-screening mortgage applications and preparing redemption quotations for mortgages.
• Credit Analysis: Knowledge or experience in analyzing credit risk factors and determining creditworthiness of applicants.
• Communication Skills: Strong written and verbal communication skills to interact effectively with clients and internal stakeholders.
• Organizational Skills: Ability to prioritize tasks, manage workload efficiently, and meet deadlines in a fast-paced environment.
• Teamwork: Capability to collaborate effectively with team members and other departments to achieve common goals.
• Adaptability: Flexibility to adapt to changing requirements and procedures in the banking industry.

The work location will be in the Changi Business Park.