Purpose
The role is responsible for handling of Private Banking Loan documentation with a secondary role in processing Corporate and Private Banking loans.
Responsibilities
Preparation and checking of Private Banking loan documentation (eg. Facility Letters and security documents) as the primary role, with secondary role of handling and checking Corporate Banking Loans.
Experience in PB documentation is essential (ie. Lombard, Insurance and Mortgage).
Follow-up with relationship managers / in-house and exterior legal counsel on outstanding documentation and ensure all condition precedents are met before proceeding to setup of limit.
Liaising with solicitors, property valuers, insurers and brokers, to ensure that required due diligence and documents are duly executed and performed.
Preparation of Notification letter and termination letter.
Perform UAT testing when tasked
Perform day-to-day processing of new loan drawdowns and rollover of loans in Avaloq.
Daily MER Report Monitoring and escalate to relevant Department should there be any breach.
Limit Control i.e. maintaining checks and implementation of limits in Avaloq.
Carry out other duties as and when assigned
Education
Minimum a bachelors degree in Business Administration or a relevant discipline
Work experience
Minimum 5 years related working experience within the Banking industry, particularly in PB loans documentation.
Language skill
Proficient in spoken and written English/Chinese to liaise with Chinese speaking headquarter counterparties.
eFCSoSe
