United Overseas Bank
6 days ago
Loan Manager - United Overseas Bank
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Company information
- Company
- United Overseas Bank
- Location
- Singapore Singapore
- Posted
- 6 days ago
Job description
Company: 1011 United Overseas Bank Ltd
About UOB
United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values - Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.
Job Description
KEY RESPONSIBILITIES / ACCOUNTABILITIES
Loans Operations
- Process or approve loan account setup for new borrowing customers in the Multi-Currency Loans System (MCL) based on approved credit documentation and facility agreements.
- Process or approve loan disbursements, remittances, repayments, redemptions, rollovers, restructuring transactions and other loan instructions within prescribed turnaround times.
- Perform and approve maintenance activities for loan accounts, facilities and customer information.
- Prepare or process or approve payment instructions, including SWIFT messages and remittances through relevant banking systems.
- Process or approve accounting and financial entries relating to loans, payments, deposits, fees, interest and general ledger transactions.
- Perform limit implementation and maintenance in the Loans & Limit Exposure System (LES) and related systems.
- Conduct daily reconciliations and investigate outstanding items and discrepancies.
- Ensure all transactions are processed in accordance with approved procedures, regulatory requirements and bank policies.
- Escalate exceptions, operational issues and discrepancies to Team Leaders or approvers promptly.
- Maintain high standards of accuracy, productivity and service quality.
- Support the preparation of regular and ad-hoc operational reports and management information.
- Maintain proper records, filing and archival of loan documents and operational records.
- Support system testing, user acceptance testing and implementation activities when required. Assist in the updating of operational procedures, workflow documents and process manuals.
- Participate in process improvement and automation initiatives to enhance operational efficiency and controls. Collaborate with internal stakeholders to resolve operational issues and support business requirements.
- Adhere to MAS regulations, internal policies, standard operating procedures and control requirements.
- Ensure compliance with maker-checker controls and operational risk management standards.
- Identify and escalate potential control issues, operational risk events and processing errors.
- Support audit, compliance and regulatory reviews by providing required information and documentation.
- Degree Holder with 5 years of corporate loans operations experience.
- Proficient in Microsoft Office suite of applications especially Excel and Word.
- Comfortable in data handling and analysis with Excel
- Strong attention to detail and a high level of accuracy.
- Ability to multi-task and work under pressure to meet strict payment related cutoff times.
- Strong oral and written communication & interpersonal skills with the ability to work independently with key stakeholders to resolve issues.
University-Bachelor - Accountancy & Business
Be a Part of the UOB Family
UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.
Apply now and make a Difference
Required skills
- interpersonal skills
- reconciliations
- attention to detail
- accuracy
- microsoft office suite
- audit
- compliance
- operational efficiency
- word
- excel
- data analysis
- process improvement
- payments
- standard operating procedures
- records
- written communication
- regulatory requirements
- controls
- user acceptance testing
- productivity
- service quality
- operational support
- facilities
- system testing
- oral communication
- discrepancies
- operational procedures
- filing
- regulatory reviews
- data handling
- work under pressure
- interest
- business requirements
- equal opportunity employer
- facility agreements
- asean
- multi-task
- deposits
- automation initiatives
- internal policies
- operational risk management
- maintenance activities
- mas regulations
- bank policies
- fees
- customer information
- loan accounts
- internal stakeholders
- management information
- accounting entries
- operational issues
- operational reports
- loan documents
- team leaders
- payment instructions
- archival
- work independently
- implementation activities
- remittances
- turnaround times
- banking systems
- loan disbursements
- credit documentation
- operational records
- exceptions
- repayments
- les
- united overseas bank
- uob
- redemptions
- process manuals
- general ledger transactions
- risk and control
- control requirements
- financial entries
- rollovers
- degree holder
- maker-checker controls
- control issues
- loans operations
- loan manager
- multi-currency loans system
- mcl
- restructuring transactions
- loan instructions
- swift messages
- limit implementation
- loans & limit exposure system
- outstanding items
- approved procedures
- workflow documents
- operational risk events
- processing errors
- corporate loans operations experience
- payment cutoff times
- accountancy & business
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