Senior Officer, Wholesale Loan Operations Center

Company: 1011 United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.

Job Description

KEY RESPONSIBILITIES / ACCOUNTABILITIES

Loans Operations

• Process a full spectrum of wholesale banking loan transactions including loan disbursements, repayments, redemptions, rollovers, restructuring transactions, and account maintenance activities for overseas branches and booking locations.
• Process loan account setup and maintenance in the Multi-Currency Loans System (MCL) and other related systems based on approved credit documentation and facility agreements.
• Prepare and process payment instructions, remittances, and SWIFT messages through relevant banking systems.
• Process accounting and financial entries relating to loans, payments, fees, interest, deposits, and general ledger transactions.
• Perform limit implementation and maintenance in the Loans & Limit Exposure System (LES) and related systems.
• Conduct daily reconciliations and investigate outstanding items, breaks, and discrepancies on a timely basis.
• Ensure all transactions are processed accurately and within prescribed turnaround times and service level agreements.
• Ensure compliance with MAS regulations, local regulatory requirements, bank policies, and operational procedures.
• Escalate operational exceptions, transaction issues, discrepancies, and potential control concerns promptly to Team Leaders or approvers.
• Maintain high standards of productivity, accuracy, customer service, and operational quality.

Operational Support

• Support the preparation of regular and ad-hoc operational reports and management information.
• Maintain proper records, filing and archival of loan documents and operational records.
• Support system testing, user acceptance testing and implementation activities when required.
• Assist in the updating of operational procedures, workflow documents and process manuals.
• Participate in process improvement and automation initiatives to enhance operational efficiency and controls.
• Collaborate with internal stakeholders to resolve operational issues and support business requirements.

Risk and Control

• Adhere to MAS regulations, internal policies, standard operating procedures and control requirements.
• Ensure compliance with maker-checker controls and operational risk management standards.
• Identify and escalate potential control issues, operational risk events and processing errors.
• Support audit, compliance and regulatory reviews by providing required information and documentation.

KEY REQUIREMENTS

• Degree Holder with 1- 3 years of corporate loans operations experience
• Proficient in Microsoft Office suite of applications especially Excel and Word
• Comfortable in data handling and analysis with Excel  
• Strong attention to detail and a high level of accuracy
• Ability to multi-task and work under pressure to meet strict payment related cutoff times
• Strong oral and written communication & interpersonal skills with the ability to work independently with key stakeholders to resolve issues
• Self-motivated with initiative and a strong drive to achieve quality work
• Good team player
• Able to work rotating shifts, including Singapore Public Holidays.
  • Day Shift: 9:00am to 6:30pm
  • Afternoon Shift: 3:00pm to 12:30am
  • Night Shift: 12:00am to 9:30am

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.

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