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VP Team Head - Loan Administration/ Agency

Job Title: VP Team Head - Loan Administration/ Agency
Contract Type: Permanent
Location: Hong Kong
Specialisation:
Reference: HK_BNK_000613[621]
Contact Details: Rika Shinohara
Contact Email: rika.shinohara@jac-recruitment.com
Published: 6 days ago

Overview

Our client, a prestigious international bank, is looking for a candidate for the VP position in their Credit Portfolio Management team (Loan Administration/ Agency function) as below.

 

Position’s Overview:

Reporting to the Joint General Manager, the incumbent is expected to lead a team and provide agent bank services for Asia-based customers of syndicated lending business including term loan, revolving credit, ship finance, REIT, etc. He/she will monitor documentation control and daily operation work of loan agency team; improve workflow, efficiency and effectiveness of the team and provide guidance to agency team members.


Responsibilities

Documentation Control

  • Review loan documents to ensure our bank will have sufficient protection when performing the loan agency role.
  • Check all loan and security documents to ensure that all documents are returned for our bank’s safe custody.

Confirm Condition Precedent and approve draw down

  • Liaise with legal counsels and borrowers to confirm all condition precedents are fulfilled before approving draw down.

Regular control

  • Liaise with legal counsels and borrowers to confirm all condition precedents are fulfilled before approving draw down.
  • Approve daily operation work of loan agency team, including draw down, rollover, repayment and fee payments.
  • Main controller on submission of financial statements, insurance policies, property valuation reports, progress reports, compliance certificates etc. as stipulated in the finance documents from the borrowers and security providers.

Waiver and requests from borrowers / security providers

  • Process all types of waiver and/or amendment requests on the loan / security documents.
  • Supervise colleagues to solve the problem case.

Reporting

  • For irregular transactions, react precisely at first instance, report to the Management immediately and to seek advice if necessary, before taking any action.

Requirements

  • Degree holder or above
  • At least around 8 years of experience in (Syndicated) loan agency/ loan documentation/ loan administration/ credit documentation/ credit administration
  • Managerial experience
  • Proficient in English, Mandarin and PC skills (Word, Excel, Power Point).
  • Good communication and interpersonal skills.
  • Excellent internal and external stakeholder management.

 

Personal data collected will be used for employment-related purposes only.
We regret to inform that only shortlisted candidates will be notified.