• Competitive
  • Singapore
  • Permanent, Full time
  • OCBC Bank
  • 2018-12-11

Credit Services Officer

Credit Services Officer

  • Ensure timely, accurate and effective credit administration support to Global Corporate Banking & Special Assets Management in the management of Non-Performing loans (NPLs) in the following areas:
    - Process debt restructuring plan per duly approved credit memo.
    - Verify approvals are in accordance to policies and authority matrix
    - Monitor and calculate NPLs exposure and Specific Provision.
    - Process loan write-offs, recoveries and expenses.
    - Liaise with law firm for issuance of statutory of demand and filing of the proof of debt.
    - Maintenance of limits, collaterals valuations and insurance.
    - Disbursement, repayments & redemption of loans in accordance to approved terms and conditions
    - Preparation of audit confirmation and statements for customers
    - Handling of Insolvency and Public Trustee's Office (IPTO) enquires.
  • Adhere to documented procedures, control guidelines and compliance framework
  • Ensure covenants, exceptions are logged, updated & monitored timely
  • Exercise judgement in handling exceptional cases.
  • Collaborate closely with Relationship Managers and Group Finance for the timely preparation and submission of regulatory/management reports for all NPLs.
  • Perform Risk Control Self-Assessment (RCSA), Data Quality (DQ) Assessment
  • Assist in internal and external audit.
  • Attend to business partners' queries & requests timely
  • Contribute to process improvements and quality projects to enhance productivity and improve service


Qualifications
  • University degree or Diploma holder
  • Minimum 4 years relevant experience in similar roles
  • Meticulous, self-driven with strong follow-up skills
  • Good inter-personal and communication skills
  • Able to work under stress and adaptable to changes
  • Good team player, proactive
  • Proficient in the use of various Microsoft Office applications
*LI-MLIU