Credit Admin/Agency, AVP

RESPONSIBILITIES:

Credit Administration & Middle Office functions:

• Documentation checking & safekeeping
• Update of Signatories, signature verification & safekeeping
• Limits implementation, revision and cancellation
• Test key authentification
• Management and Regulatory Reporting
• Tracking & updating of outstanding documents & expired collaterals
• Covenants monitoring & updating
• Updating Safram
• Adhoc projects assigned

Agency Functions:

• Render assistance and support to Head of Deal Closing Portfolio Monitoring in the day-to-day control and monitoring for the Loan Agency function.
• Render support to Front-Office business lines in the pitching of Agency mandates.
• Oversee Agency administration for syndicated facilities where the bank assumes agency roles such as Facility / Security Agent / Account Bank role(s).
• Liaise with Front Office officer and legal counsel (external or internal) on documentation matters.
• Coordinate and facilitate the operational matters that may include utilization requests, rate-fixing, rollovers between the borrower and the lenders.
• Monitor loan movements, ensure principal repayment and loan interest are received on due dates for distribution to lending syndicate.
• Coordinate the receipt / distribution of Arrangement Fees, Upfront Fees, Commitment Fees etc between Borrower and Lenders if required.
• Coordinate and remind the Borrower so as to assist them in their timely submissions of the information (financials, compliance, etc) as required under the agreement.
• Handle and liaise with the Borrower and Lenders on waiver / consent / amendment requests.
• Handle administrative tasks including preparation of reports and agency support.

REQUIREMENTS:

• Possesses relevant experience in credit admin or agency function in a bank.
• Knowledge in LoanIQ would be an added advantage.
• For VP level, candidates must possess minimum of 10 years of relevant experience in Loan financing activities, with proven leadership capabilities.

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