International Bank is seeking an Operations Associate/Sr. Associate who can support Corporate Finance and Structured Finance lending business
- Daily monitoring of Credit line system and prepare corresponding tickets for “New/modified/terminate” credit line registration.
- Validate agents’ and corporate customers’ borrowing request against credit line availability and corresponding approved terms and conditions
- Create loan request and rate reset records in internal system in accordance with approved terms and conditions.
- Submitted funding request to Treasury Group in timely manner
- Perform verification customer documents. Such as signature check and perform call back on remittance request in accordance with the policies and procedures.
- Prepare funds transfer ticket in internal system and prepare payment message in SWIFT. Ensure customer has sufficient funding in account before processing of remittance request
- Deliver loan confirmation, rate reset notice and monthly statement to customers in timely basis
- Follow up with agent for overdue fee/pending fee.
- Confirm cash settlement status of loan repayment and interest from customers and loan disbursement to customers
- Advise front office of daily settlement status at required cut off time.
- Report in writing of any failed/incomplete items and follow up proactively until case is resolved.
- Prepare adhoc, daily and monthly reports as required. Maintain and organize record keeping of transaction related document such as signature card, UCC4A etc.
- Process and prepare response for audit requests received from customers/agents in timely manner
- Report irregularities to team leader in timely manner and conduct investigation immediately under direction of team leader
- Conduct system testing as required for internal and external systems.
- Other duties may be assigned from the supervisor
Qualifications
- 2-5yrs of experience in back office operations supporting corporate lending and/or structured finance
- Experience to prepare wire transfer via SWIFT
- Proficient in Excel and Word
- Strong communications skills both in written and verbal
- A team player