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Check Letter of Offer to ensure compliance against lending guideline.
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Vet legal documents and ensure that all mortgage, land/construction loan documents are complete, accurate and in order prior to disbursement.
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Liaises with solicitors on legal documentation, title deeds, caveat expiry, etc.
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Check system loan disbursement entries & ensure insurance coverage is taken up on disbursement day.
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Check progressive drawdown for ‘building under construction’ cases and land & construction loans.
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Check renewal of Easy Loans & Issuance of Letter of Guarantee.
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Ensure the outstanding security documents from solicitor are followed-up, received and safekeep in a timely manner.
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Check daily & monthly exception reports to ensure system data accuracy.
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Check vessel loan redemption statements & discharge documents.
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Reviewing of interest rates in system for all mortgage loans :
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Monitoring and updating of Project Accounts balances.
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Checking of restructuring / conversion of loans (changes in loan products from interest servicing to instalment payment, reduction of interest rates).
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Support the Head, Loans Administration in the day-to-day operational requirements and to assist in her absence
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Other duties assign by HOD from time to time.