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
- 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.
- Oversee the corporate banking loan operation function to ensure a smooth delivery of services to internal stakeholders
- Ability to review loan documents thoroughly and identify any errors, inconsistencies, or missing information;
- To work closely with other departments for loan draw down and other operation activities;
- Liaise with legal counsels and marketing units to ensure proper and efficient operations of credit administration work;
- Monitor & follow up documentation deficiency and outstanding loan documents;
- Maintain the documentation tracking and filing system;
- Ensure the collateral, securities documents, conditions precedent, financial covenants and insurance documents are complied with loan agreements & statutory requirement
- Covenant monitoring on relevant facilities
- Provide review reports to relevant parties & head office
- Collaborate with other teams on risk control through proper credit checking procedure
- Coordinate with internal stakeholders for data matching, TU/CCRA checking to ensure a high standard of risk control
- Coordinate the team to submit relevant credit data & report with CCRA & TU
- Correspondence to branch and HQ enquiries, requirements and ad hoc events from loans related parties;
Requirements:
- Degree or above
- 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
- Prior credit administration experience on syndicated loan/ bilateral loan would be highly preferable
- Knowledge of loan documentation, procedures and relevant requirement
- Good command of written and spoken English.
- 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