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
Factoring Surveyor's key responsibility is to assess the factorability and the quality of the underlying receivables being considered for factoring by conducting pre-activation and periodic surveys. The objective is to ensure that the quality of the receivables do not deteriorate over time and there is consistent compliance with our standard factoring terms and conditions . An in-depth survey analysis will help to alert business on potential issues or concerns so that appropriate action can be undertaken by business to better manage the account risk.
The Job Entails The Following
- maintain an update schedule of surveys for factoring accounts and ensure that the surveys when required are duly conducted
- Prior to the survey site visit, advise client on the documents required
- During the survey to review the client's billing procedure (including available documents to evidence completion of the sales transactions), credit controls on management of overdues and collection process. Analyse past due and payment trends, dilution, credit notes, disputes etc to determine the quality of receivables.
- Conduct verification of documents for underlying trades
- Review payment records and ensure there are no indirect payments
- Complete a survey report by providing a summary of key findings and highlight critical issues that may impact on the continuation of the factoring facility.
- Perform reconciliation of statement of accounts
Other Responsibilities
- Ensure the survey report template is constantly reviewed and updated to stay relevant to the factoring business
- Preparation of monthly report/dashboard using both excel and powerpoint
- Any other ad hoc assignments.
Requirements
Tertiary education.
Skillset : MS word, MS excel, powerpoint
Experience : surveyor scope in receivables management, risk management
We welcome applications from fresh graduates, who may be considered for a role at a suitable entry‑level grade.
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
