Admin Executive (Automotive Loans)

About Us

Ricardo is a 50-year-established automotive and financing group, whose diverse portfolio spans vehicle hire purchase financing, financing consultancy, property-backed financing solutions for SMEs in Singapore, comprehensive insurance services, and full-service workshop operations - delivered through Ricardo Cars, Ricardo Advisory, Ricardo Financial Services, Ricardo Insurance Agency, and Ricardo Auto Centre.

About the Role

We are looking for a detail-oriented Admin Executive to support the processing and administration of automotive hire purchase (HP) loan applications. In this role, you will manage loan documentation, coordinate with banks and financial institutions, and ensure smooth administrative workflows from application through to loan disbursement.

Loan Processing & Administration

• Process hire purchase (HP) loan applications and assess basic eligibility requirements

• Conduct credit searches and collect necessary documentation from customers

• Compile and submit loan applications to banks and financial institutions for approval

• Manage loan documentation and ensure completeness throughout the application process

Coordination & Stakeholder Management

• Liaise with internal teams, banks, and financial institutions to facilitate loan approvals

• Follow up on loan applications and respond to loan-related enquiries in a timely manner

• Coordinate documentation verification, facility drawdowns, and redemption requests

Loan & Facility Documentation

• Handle loan documentation for block discounting and other financing facilities

• Maintain accurate loan and financing facility records

• Monitor loan progress through to disbursement

Reporting & Administrative Support

• Assist with preparation of loan and financing facility reports

• Ensure proper documentation and record-keeping for compliance and audit purposes

• Provide administrative support to ensure loan processes run efficiently

About You

• At least an NITEC or equivalent certification

• Prior experience in handling Hire-Purchase loandocumentation

• Able to read and understand English documents

• Basic bookkeeping knowledge would be an advantage

• Proficient in Microsoft Office, especially Excel, with the ability to handle financial data accurately

• Strong attention to detail

• Good communication skills with the ability to coordinate with multiple stakeholders

• Proactive, reliable, and able to manage multiple tasks in a fast-paced environment

What We Offer

• Positive work environment, with opportunities for career development and advancement

• 13-month Annual Wage Supplement

• Performance bonus

• 5-day work week (Monday - Friday, 9:00 AM - 6:00 PM)

• 14 days annual leave, with incremental increase up to 18 days

• Birthday leave

• Medical and dental claims