Analyst, Lending Services
Ville : Singapore, 01, SG, 048583
Catégorie : Operations Specialties Managers
Industrie : Financial Services/Banking
Employeur : Scotiabank
Requisition ID: 202961
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Purpose
Contributes to the overall success of the Loan Servicing in Asia Pacific (APAC) ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures
Accountabilities
• Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Mentor and coach new/ existing staff within GWO on the systems and nest market practices pertaining to lending servicing
• Investigation of the Nostro account breaks and ensure the break is resolved in timely manner
• Coordinate team activities and coach on technical aspects of work to meet daily schedules
• Understand interdependencies across related teams and leverages that understanding to ensure targeted results
• Supervise ongoing work and get actively involved, as required, to meet schedules, resolve issues and ensures service level agreements and quality standards are met
• Champion a high performance environment and contribute to an inclusive work environment
• Singapore (APAC Loan hub country) – Supervise and Perform loan accounting/processing duties, covering 3 entities (Singapore, Hong Kong and Australia Branch)
• Receive instructions from Borrowers/Agent banks/Credit Administration/Credit Execution/RM department to prepare for upcoming transactions.
• Set up new loan facilities and maintain existing facilities in LoanIQ as per the authorization from front office.
• Check terms and conditions for drawdown as per the Limit Input Form & ensure proper disbursement instructions are received and set up in LoanIQ before a transaction is executed
• Prepare/ releases transactions in LoanIQ for all loan transactions including drawdown, rollover, repayment, fee payment, prepayment and etc.
• Prepare/ release notices in LoanIQ to borrowers and follow up with Agent banks for the collection of interests, fees, repayments and etc
• Ensure all outbound payments are completed before agreed timeline between the bank and borrower/ agent bank
• Ensure all scheduled transactions are prepared and released in timely manner
• Follow up all non-receipt items and escalate to Management for advice/action.
• Support stats/ report preparation for internal/ regulatory requirement
• Performing all other duties as assigned
Primary Manager: Assistant Manager, GWO Lending Services-Singapore
Education / Experience / Other Information
The incumbent is required to possess a sound knowledge of the loan processing functions and is able to differentiate the various types of loans based on the Loan Agreement in order that a high standard of loan service is maintain at all times. Familiarize with the nuances / knowledge in order to process loans from the respective APAC countries.
He/she requires a thorough knowledge of the Bank's accounting policy pertaining to loan servicing and good knowledge on payments.
Knowledge/ experience in LoanIQ is preferred.
Location(s): Singapore : Singapore : Singapore
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.