Bank of Singapore opens doors to new opportunities.
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!
Credit Documentation Preparation
- Prepare standard and bespoke facility, security and ancillary documentation in accordance with approved credit terms and internal requirements.
- Ensure all relevant conditions precedent, covenants, security provisions and jurisdictional requirements are appropriately incorporated.
- Conduct necessary due diligence.
- Support the preparation and issuance of ad hoc documentation, amendments, waivers and other documentation as required.
Documentation Review and Compliance with internal due diligence
- Review executed documentation to ensure completeness, fulfilment of conditions precedents, collateral perfection and adherence to approved credit terms.
- Review legal opinions and documentation related advice, assess documentation implications and work with stakeholders to resolve issues and identify practical solutions.
- Verify compliance with credit approvals and internal requirements.
Documentation Tracking and Security Perfection
- Manage the end to end tracking of document issuance, execution, return and outstanding items, ensuring timely follow-up and completion.
- Track for document deficiencies, ensuring that security is perfected as required and escalate as per internal guidelines.
Stakeholders Coordination and Business Support
- Independently liaise with internal and external stakeholders including legal counsels, valuers, and custodians) to facilitate documentation execution and collateral perfection.
- Provide timely support and guidance to Front Office and internal stakeholders on documentation related matters and requirements.
Documentation Custody and Record Maintenance
- Ensure timely lodgment, safekeeping and maintenance of documentation and credit files.
Controls and Governance
- Perform periodic reviews and control checks on security documentation and collateral records.
- Support audit, compliance and/or regulatory review activities where required.
Projects and Continuous Improvement
- Participate in projects, system enhancements, UATs and process improvement initiatives.
- Assist in the review and enhancement of procedures, guidelines and documentation templates.
Requirements
- Bachelor’s degree in Banking and Finance, Business or a related discipline preferred
- Relevant professional experience may be considered
- Minimum 3 years of relevant experience in a credit documentation role in a similar environment
- Experience in private banking documentation is advantageous
- Experience with real estate financing, securities-backed lending, premium financing and related collateral documentation will be highly beneficial
- Strong knowledge of credit and security documentation within a banking environment
- Ability to independently manage documentation processes and resolve issues with minimal supervision
- Strong analytical skills with the ability to assess legal and documentation risks
- Meticulous attention to detail and strong control mindset
Skills Required
- Bachelor's degree in Banking and Finance, Business, or a related discipline
- Relevant professional experience may be considered
- Minimum 3 years of relevant experience in a credit documentation role in a similar environment
- Experience in private banking documentation
- Experience with real estate financing, securities-backed lending, premium financing, and related collateral documentation
- Strong knowledge of credit and security documentation within a banking environment
- Ability to independently manage documentation processes and resolve issues with minimal supervision
- Strong analytical skills with the ability to assess legal and documentation risks
- Meticulous attention to detail and strong control mindset
What We Do
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
