Perform independent transactional risk analysis (such as performance risk, collateral evaluation, review of contracts, etc.) with reference to the approved credit facilities.
Client contact and liaison with Operations to ensure smooth execution of the transactions.
Manage the supporting collaterals for Structured Inventory Financing under CMA and follow up with payment instruments. Follow up with monitoring requirements to ensure successful end-to-end transaction completion.
Liaise with internal department, customers for cash collateral movement/top up, monitor transaction flow including update of spreadsheet used to monitor client's collateral, follow up of master LC, export proceeds, tracking goods movement, collateral value to ensure smooth turnaround of transaction.
Monitor Loan-to-Value (LTV) ratio to ensure that it is not breached and conduct margin call whenever necessary.
Perform Mark to Market (MTM) valuation and monitor cash collateral requirements.
Perform onsite visits to storage tanks/warehouses locally or overseas when necessary.
Keep abreast of market price movement and highlight any adverse market news to stakeholders.
Assist with the trade finance operations work as and when necessary.
Perform any tasks / duties as assigned by supervisor from time to time.
Perform AML name screening on documents received and vessel movement checking
Manage the daily routine operations in an efficient manner, while delivering good quality services to internal and external customers (including but not limited to account opening process, new account set-up, deals executions, complete client's banking instructions, account maintenance, day-end order reconciliation.
Ensure that operational processes while collaborating with front office,and other business units are in full compliance with the Bank's policy andregulatory requirements.
Check and perform authorization (maker/checker) relating to fixed deposits, account operation-related transactions, investment products and other PB products in accordance to internal procedures and external regulatory guidelines.
Work closely with counterparts to ensure daily transaction are being processed, settled and to resolve any issues when arise.
Lead &/or participate in User Acceptance Testing (UATs) and system testing.
Familiar with the end-to-end flow of wealth management product life cycle.
Ensure facility and security documents are duly executed and in order for implementation
Perform redemption of facilities for Private Banking facilities (includingbut not limited to Premium Financing, Lombard Loan)
Perform loan transaction processing for PB facilities.
Verify and update account maintenance functions like place/remove hold/no-debit on accounts, update address, audit confirmation, etc.
