Position Overview
Responsibilities
- Dual role functions as maker and checker.
- Ensure proper and timely checks on compliance with HO and MAS regulations and guidelines on credit applications received.
- Monitor progress on approval of credit applications.
- Check contents of loan/security agreements for adherence to approved credit terms and conditions.
- Control collection of credit documentation (facility and security documents and CP/CS documents).
- Instruct registration of facility limits/collaterals in systems when documentation is complete/CPs complied.
- Monitor collateral condition (expiry dates and adequacy of insurance policies, collateral valuation, etc.).
- Monitor and manage irregular/exceptional handling transactions until satisfactory closure.
- Monitor/check Master Covenant Control and loan covenant compliance.
- Provide information on collaterals and MT12 Credit Supplementary to FCG for MAS610...