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