Vice President, Credit Administration & Loan Operation - Foreign Corporate & Private Bank

IGNITE RECRUITMENT HONG KONG LIMITED Hong Kong
Full time Permanent Hybrid HK$60k - HK$85k

About the job

Our client is a stable and well-established foreign corporate & private bank in Hong Kong. They are currently looking for a VP, Credit Administration & Loan Operation (Corporate & Commercial Banking) to expand their capacity in Hong Kong.

Reporting directly to the Head of Operation, you will be managing a team of specialist to oversee the bank’s Credit Administration & Loan Operation function for the Corporate Banking business.

Responsibilities

  1. Manage a team of credit administration specialist to review the documentations (loan/ guarantee/ security/ derivatives, etc), and to ensure all terms and conditions as well as security arrangements are properly structured according to the bank’s policy.
  2. Oversee the corporate banking loan operation function to ensure a smooth delivery of services to internal stakeholders
  3. Ability to review loan documents thoroughly and identify any errors, inconsistencies, or missing information;
  4. To work closely with other departments for loan draw down and other operation activities;
  5. Liaise with legal counsels and marketing units to ensure proper and efficient operations of credit administration work;
  6. Monitor & follow up documentation deficiency and outstanding loan documents;
  7. Maintain the documentation tracking and filing system;
  8. Ensure the collateral, securities documents, conditions precedent, financial covenants and insurance documents are complied with loan agreements & statutory requirement
  9. Covenant monitoring on relevant facilities
  10. Provide review reports to relevant parties & head office
  11. Collaborate with other teams on risk control through proper credit checking procedure
  12. Coordinate with internal stakeholders for data matching, TU/CCRA checking to ensure a high standard of risk control
  13. Coordinate the team to submit relevant credit data & report with CCRA & TU
  14. Correspondence to branch and HQ enquiries, requirements and ad hoc events from loans related parties;

Requirements:

  1. Degree or above
  2. 10 years + experience in Credit Administration and Loan Operation in Corporate/ Commercial Banking Industry with solid experience on reviewing loan documentations with at least 5 years of managerial experience
  3. Prior credit administration experience on syndicated loan/ bilateral loan would be highly preferable
  4. Knowledge of loan documentation, procedures and relevant requirement
  5. Good command of written and spoken English.
  6. Good knowledge of MS Office

To apply online please click the 'Apply' button or send your profile to [email protected] . For a confidential discussion about this role & other banking openings please contact Alex CHEUNG at +852 2121 1418