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Loan Limit Setup Associate

The incumbent will supports limit set-up processes for new, amended, and modified credit lines for all types of Bank’s financing products. S/he will follow up and ensure the completeness of all required pre-closing documents, review legal terms to ensure the consistency with the internal credit approvals, and deal information provided by front line business units. The incumbent will also ensure the processes performed align with Bank’s policy and procedure, standards, and regulatory compliance requirements.

Job Responsibilities
Include but are not limited to:
 
Loan Limit Setup
  • Ensure all pre-closing documents are collected from Front Business Line Account Officer(s) including Credit Recommendation Report, CAC approval, KYC approval and legal documentations
  • Review legal terms and ensure the limit be within the credit approval prior to setup
  • Review and reconcile new, amended, modified information on the credit management system to the new and existing credit lines on the core banking system
  • Process internal/external risk rating changes based on approved instructions
  • Process contractual pricing changes on the limit level based on approved and existing legal and internal documentation
  • Review limit set up instructions to ensure all required fields have been correctly filled in
  • Participate in limit discussions and provide feedback, escalate any issues during limit set-up, and ensure data integrity on all systems
  • Reconcile end of day credit limit related process

Risk Management/Compliance/Internal Audit
  • Understand and comply with Bank’s policies and procedures, standards, and regulatory requirements
  • Escalate suspicious transactions to Supervisor and Management
  • Prepare monthly, quarterly, and semi-annual risk assessment reports to risk management departments
  • Assist to update procedure to reflect current workflow
  • Timely respond to Internal/External auditors’ request
  • Assist with audit issues remediation

Job Requirements:
  • Bachelor’s degree in Accounting or Finance is required
  • Work experience in Banking or Financial Services industry is preferred
  • Knowledge of Finance, Accounting or other business related field is required
  • Bilingual abilities in Mandarin is required