Associate, Syndicated Loan Agency, Institutional Banking Group Operations (IBGO), Group COO (WD88853)

Business Function Group Operations enables and empowers the bank with anefficient, nimble, and resilient infrastructure through a strategic focus onproductivity, quality & control, technology, people capability andinnovation. In Group Operations, we manage the majority of the Bank'soperational processes and inspire to delight our business partners through ourmultiple banking delivery channels. Responsibilities Loan Agency: • Support syndication loan agency, security agency services to all segments that the Bank is appointed as Facility Agent, Security Agent &/or Account Bank. • Review & provide comments on draft finance documents. • Processing day to day syndication loan administration, drawdown, rollover, rate fixing, billing, prepayment, fee calculation, payment and document safe-keeping arrangement. • Liaise with Legal Counsels, Finance Parties and Borrower for deal closing and conditions precedent and subsequent. • Ensure all terms and conditions precedent of facility agreement are met before execution of any requests from borrower. • Ensure all required covenant are provided such as insurance are in place throughout the life of the syndicated loan. • Manage any amendment or waivers request by Borrower from time to time as needed. • Ensure filing of relevant MAS returns within the specific time frame. • Support team lead to deliver KPIs as set by senior management • Co-ordinate / Participate in various enhancement projects in the department, such as system enhancement or ad-hoc projects. • Support and lead any projects as required • Ensure workflow process as per SOP Digitalization and Projects: • Partner with Change The Bank and Technology teams to deliver projects in the Bank’s digitalization journey. • Manage system problems and rectify impacted accounts. • Support system enhancement and submit user requirements for improvements. Requirements • Min 3 years of Syndicated Loan Agency Administration or corporate loan administration experience. Project Financing knowledge will be an advantage • Good understanding of market practice in Syndication Loan Administration and Operations, especially with Syndication Agency roles • In-depth knowledge in finance documents, and good ability to interpret legal documents • Good communication skills with ability to communicate with internal and external parties • Familiar with credit evaluation process, loan accounting and policy • Default loan management skill and knowledge Apply Now We offer a competitive salary and benefits package and theprofessional advantages of a dynamic environment that supports your developmentand recognizes your achievements.