Company: 1011 United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

Support the Team Leader in managing the Wholesale Loans Operations Centre and ensuring the smooth execution of wholesale banking loan operations across overseas branches and booking locations.

The Assistant Vice President is responsible for the day-to-day operational management, ensuring timely and accurate processing of loan transactions, loan servicing activities, reconciliations, and associated reporting functions.

The incumbent acts as the deputy to the Team Leader and serves as the primary escalation point for operational matters, risk and control issues, client service matters and staff management in the Team Leader's absence.

Key Responsibilities / Accountabilities

i) Loans Operations

Handle a full spectrum of Wholesale Banking loans processing operations in an approver and supervisory capacity, including loan disbursements, repayments, redemption, rollovers, restructuring and data maintenance of accounts
Prepare and verify SWIFT messages related to loans and securities
Ensure day to day transactions are promptly & accurately authorized and processed
Reconciliations and investigations
Daily operations in accordance to MAS regulations and Bank policies and procedures.
Responsible for the quality control process and implements corrective action when needed.
Close communication with Credit & Admin Control Team of Branches (loan documents) and other stakeholders
Act on behalf of the Team Leader during periods of absence, including operational decision-making, escalation management and stakeholder engagement.

ii) Management Support and Initiatives

Compile and oversee regular and ad-hoc information for management reporting and monitoring of transactions processing and loan operations
Develop and maintain procedures and manuals for Loan Operations.
Proactive and seek opportunities to improve service processes, minimize operational risk and reduce costs
Work in partnership with colleagues and stakeholders on operating procedures, projects, assignments and initiatives
Liaison with auditors and furnish information and reports for audits

Key Requirements

A degree holder
10 - 15 years experience in Banking with at least 5 years in corporate banking operations in a lead or supervisory position

Good knowledge of banking practices, operations and procedures.
A self-starter and problem solver with initiative and a strong drive to achieve quality work
Strong team player and ability to foster teamwork
Good oral and written communication skills
Comfortable in data handling and analysis with Excel

Proficient in MS Office suite of applications
Able to work rotating shifts (Including Singapore Public Holidays)

Day Shift: 9am to 6.30pm

Afternoon Shift: 3pm to 12.30am

Night Shift: 12am to 9.30am

Additional Requirements

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

AVP Wholesale Loans Operations Centre, T&O Wholesale