Review clauses relevant to facility agent and security agent roles for both new and existing transactions and to ensure compliance with internal guidelines
Set up new loans
Check and reconcile conditions precedent documents prior to drawdown
Monitor the necessary procedures for drawdown
Obtain documents necessary for the new loans
Set up various control sheets and internal records for ongoing monitoring
Manage loan administration function
Manage loan drawdown and prepayment with support of Agency Ops team
Provide advice to Agency Ops team on Ops matter : drawdown rollover, repayment or prepayment
Monitor and follow up covenant and collateral monitoring periodically
Manage the securities assigned to the loan agent
Handle waiver and various requests from Borrowers
Process waiver / amendment requests relating to the finance documents
Follow up with Lenders for their responses to the waiver / amendment requests
Arrange and attend lenders meeting, if necessary
Collect and distribute various documents / information required under finance documents
Follow up with borrowers for the submission of various documents as required under the finance documents or required by the lenders
Dispatch relevant documents to lenders within a reasonable time frame
Handle loan transfer, respond to general inquiry from borrowers and lenders and other relevant duties required of a loan agent
Administrative and other duties
Manage the documents to be sent or retrieve from vault for the whole team,
Maintenance of current accounts of the customers
Internal reporting and BCP procedure manual and processes
Ad-hoc projects and duties as assigned from time to time
Job Requirements:
Degree in Business Administration
Minimum 3-5 years experience in agency and /or credit administration in banks with ability to read loan agreements
Proficient in Microsoft Office Applications - Word, Excel, Power Point
Good communication and interpersonal skills
Ability to work under pressure to meet tight deadlines
