Company Overview
Ricardo is an established name with over 50 years experience in the Singapore automotive industry, with businesses spanning automotive services, financing, insurance and SME financing solutions.
Job Summary
As an Admin Executive (Automotive Loans), you will manage the end-to-end processing of hire purchase loan applications, ensuring timely and accurate documentation and communication with internal and external stakeholders to support efficient loan disbursement and facility management.
Responsibilities
- Process hire purchase loan applications by assessing customer eligibility and verifying required documentation to facilitate loan approval
- Conduct credit searches on customers to gather necessary financial information for loan assessment
- Submit complete and accurate loan application documents to banks and financial institutions to secure loan approvals
- Coordinate with internal teams and external parties to ensure smooth processing and verification of hire purchase loans and related finance facilities
- Plan and execute administrative and documentation procedures throughout the loan lifecycle until disbursement
- Manage loan documentation for block discounting and other finance facilities, ensuring compliance and accuracy
- Create, monitor, and maintain detailed loan and facility records to support reporting and audit requirements
- Assist in preparing facility reports by compiling and verifying loan data for management review
- Support other administrative functions to optimize loan processing efficiency and maintain operational workflow
Preferred competencies and qualifications
- Diploma in Business, Banking & Finance, or related discipline with at least 1 year of relevant experience in automotive loans documentation
- Proficiency in Microsoft Office applications, with strong Excel skills to manage numerical data and reporting
- Demonstrated initiative and strong administrative skills to manage multiple tasks effectively
- Effective interpersonal and communication skills with fluency in English to liaise with diverse stakeholders
Other Information
- Monthly basic salary: from $2,500, commensurate with experience
- Annual wage supplement (AWS) and variable bonus
- 5-day work week (Mon-Fri: 9am - 6pm)
- 14 days annual leave, increasing by one day after 2 full years of service, capped at 18 days
- Birthday leave
- Medical and dental claims
- Steady expansion leading to unique opportunities for growth
- Supportive company culture and good working environment