Loan Admin Manager
- All contractual duties and obligations of facility agent and/or escrow agent are performed effectively and efficiently as per agreement;
- Review agreements and other transactional documents;
- Translate agreements/documents into actionable;
- Conditions Precedent are met before drawdown; monitor and ensure Conditions Subsequent are satisfied by the stipulated deadlines;
- Utilisation request from company and arrange for drawdown of funds by participating bank timely;
- Interest and fee calculations, coordinate interest and fee payments as well as repayments by company;
- Payment of principal/interest/fees/penalties to participating bank timely;
- All expenses and fees due are billed accurately and promptly, monitor and ensure collection of outstanding payments;
- Execute waivers, amendments, requests etc efficiently between company/participating bank/legal counsel;
- Co-ordinate with company/participating bank/legal counsel on signing of document;
- Facilitate day-to-day ongoing communication between company/participating bank/legal counsel on all queries relating to agency matters, covenants and facility documents, giving advice/solutions;
- Proper records and safekeeping of facility/security documents both in hardcopies and electronically;
- Appointment of legal counsel and negotiation of legal fee;
- Organise, chair and take minute for company/participating bank/legal counsel meeting;
- Establish and open escrow account;
- Collection and distribution of periodic reporting of account activity to participating bank/company;
- Collection and distribution of information/covenant undertaking timely;
- Co-ordinate primary/secondary loan transfer
- Perform enforcement in an event of a default;
- Prepare and submission of reports to local regulator;
- Implement and/or enhance internal controls, procedures/process and complete internal documentation and checklists such as Business Continuity Plan, Manual and Service Level Agreement.
Requirements
- Degree holder minimum 8-12 years experience in a similar role with good experience in loans operations and/or documentation.
- Candidate must be meticulous and analytical with strong language skills and an aptitude for numbers, committed, responsible and reliable; motivated and a team-player, always ready and willing to help colleagues and share ideas, pro-active, enthusiastic, and keen to learn.
Must be a Singapore Citizen or Permanent Resident preferably with Mandarin fluency
If this is something you would be keen in and want to find out more, please send your resumes to aamir.kiyani@empiric.com
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