IB Operations, Professional/Associate - Traditional Credit Products (TCP) Middle Office

J.P. Morgan Singaporenot disclosedPermanentFull time13-Dec-2010708961An exciting opportunity exists to join the new and growing Traditional Credit Products team working within the Investment Banking Operations department in Singapore. You will have the opportunity to influence the direction of the team and operating model and play an integral role in setting up this new function. Your ability to influence change, build strong relationships with a variety of different businesses, and ultimate delivery focus, will hold you in good stead in this fast paced and dynamic opportunity.

About the department:
Traditional Credit Products Middle Office supports the end to end processing of loans transaction. It has launched a new operating model and is implementing a strategic transaction processing platform, spanning significant multi-year projects for Asia. The growth driver for this team stems from the setup of a new Line of Business (Global Corporate Banking) which will result in expansion across markets in Asia.
Key Responsibilities
Work in partnership with Credit, Investment Bank and Treasury Services colleagues and play a key role in defining the target operating model to support the new platform and businesses
Help establish quality measures and standards that ensure client service standards are met
To take day-to-day support responsibility of new and existing credit facilities for loans transaction
The role will require the establishment of effective partnerships with teams in several areas of the bank in different capacities
To take responsibility for maintaining the highest quality data, as well as understanding and adhering to credit policy developments and escalating appropriate queries
To follow best practice and procedure to ensure no control breaches
Review of facilities in limit excesses on daily basis and ensure that approval(s) is/are obtained to cover the position
Review facility documentation to ensure credit terms comply with credit approvals and term sheets
Draft, prepare, vet and safe-keep facility documentation, agreement and security documents
Ensure that any amendment/waiver of the standard clauses is supported by appropriate approving authority(ies) such as Credit, Legal, Business, Compliance etc
Ensure all conditions precedent are met before implementation of the facility line
Tracking outstanding documents and follow up with Credit &/or Bankers

Skills

The ideal candidate will possess the following qualities:
Bachelors degree, plus min 2 years of relevant work experience
Strong decision making capabilities and the ability to identify problems and propose solutions. Exhibits initiative to raise issues to appropriate/relevant parties when needed
Proactive/self-starter with the ability to deliver value-added support to business partners in a dependable, timely and accurate manner
Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment
Good communication and relationship/partnership-building skills both with team members as well as other business partners. Ability to interact confidently with all levels of stakeholders
Strong attention to detail with a control and cost discipline mindset, takes ownership and is accountable for area of responsibility
Good level awareness of Corporate Banking and its products. A sound knowledge of credit policies and credit systems would be a distinct added advantage
Strong PC skills in Microsoft Suite (e.g. Word, Excel, PowerPoint, Visio). Ability to use web-based technology effectively
Knowledge in ACBS or Loan IQ for loan bookings
Facility documentation knowledge an advantage

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