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
- 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 Banks 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 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