Location: Tanjong Pagar, Financial Institution
Responsibilities:
Reporting To: Loan Administration Head
Responsible for the preparation of Letter of Offer/Supplemental Letter of Offer/Letter of Variation for mortgage loan, monitoring and preparing interest rate change letters to the existing Borrowers. Responsible for the monitoring and safekeeping of the security documents for mortgage loan and ensure that all process/procedures are adhered. Liaise with relevant parties to ensure follow-up matters are completed.
Mortgage (Property / Debenture)
- Prepare Letter of Offer/Supplemental Letter of Offer/Letter of Variation as per Credit Proposal and Lending Guidelines.
- Prepare Letter of Appointment to lawyer upon acceptance of Letter of Offer & update tracking spreadsheet.
- Create credit file for new customer & file according to the given filing format.
- Create FM144 client records & CL21 loan records in Symbol. Update changes of client/loan records in Symbol.
- Process disbursement of loan i.e perform loan drawdown in Symbol & prepare disbursement letter, Tax Invoice etc.
- Prepare Cashier Order application/MEPs payment to bank for disbursement. Liaising with law firm for sending & receiving documents.
- Scan all security documents into e-filing and file into credit file according to the given filing format. Record & lodge the original security documents for offsite safekeeping.
- Prepare & go through the progressive release supporting docs prior to disbursement. Update progressive release drawdown sheet. Conduct 1st arrear checks before disbursement date
- Arrange for legal and valuation subsidy once the documents are in order.
- Perform LSA A/C closure in Symbol for loan conversion.
- Perform monthly CPF payment into Symbol and RPA according to extracted loan account numbers.
- Perform Giro indicator update & reversal function in Symbol.
- Prepare listing of Power of Attorney/company seal register on monthly basis and send to stakeholder on quarterly basis.
- Other duties assigned by HOD from time to time.
Requirements:
- Diploma / Degree holder with at least 2-5 years relevant experience in Loan Administration ( Mortgage )
- Proficient in administrative tasks, strong in PC usage and Excel are essential
We regret that only shortlisted candidates will be notified.
GMP Technologies (S) Pte Ltd | EA Licence: 11C3793 | Charnele Tan| Registration No: R1105360
