Report to: Head, Loans Administration (HOD)

Candidate is responsible for smooth operations of Mortgage, Block Discounting and Hire Purchase Section which includes checking/reviewing/approving loan documents/entries prepared by the staff.. Ensures that all documentation, accuracy & timeliness of system data input and processes/procedures are adhered to. Liaises with all relevant parties to ensure matters are follow-through till completion. Assist Head, Loans Administration in carrying out day-to-day operational processes and covering duties during his/her absence.

Responsibilities:

• Check Letter of Offer to ensure compliance against lending guideline.
• Vet legal documents and ensure that all mortgage, land/construction loan documents are complete, accurate and in order prior to disbursement.
• Ensure all loans are disbursed on time.
• Liaises with solicitors on legal documentation, title deeds, caveat expiry, etc.
• Check system loan disbursement entries & ensure insurance coverage is taken up on disbursement day.
• Check progressive drawdown for ‘building under construction’ cases and land & construction loans.
• Check renewal of Easy Loans & Issuance of Letter of Guarantee.
• Ensure the outstanding security documents from solicitor are followed-up, received and safekeep in a timely manner.
• Check & maintain loan system customer/loan info.
• Check daily & monthly exception reports to ensure system data accuracy.
• Check vessel loan redemption statements & discharge documents.
• Reviewing of interest rates in system for all mortgage loans.
• To check the update in system mid and on the last day of every month for latest CPF payment amount for monthly instalment (co-ordinate with Credit Control & Account)
• Monitoring and updating of Project Accounts balances.
• Checking of restructuring / conversion of loans (changes in loan products from interest servicing to instalment payment, reduction of interest rates)
• For Capital Repayment, verification of signature of Borrowers and checking of letter to Borrowers informing the expiry date of the notice and the revision of instalment.
• Handle process improvement assignment & perform system enhancement by Head, Loans Administration / Management.
• Perform supervisory function and to cover duties of section lead and juniors in his/her absence.
• Support the Head, Loans Administration in the day-to-day operational requirements and to assist in her absence.
• Other duties are assigned by HOD from time to time.

Requirements:

•   Degree in any discipline.
• Min 4-5 years' experience in Mortgage, Hire Purchase, Equipment, Car Loan.

We regret to inform that only shortlisted candidates will be notified.

To apply, please visit www.gmprecruit.com and search for Job Reference: 21951

To learn more about this opportunity, please contact Jackie at  jackie.ng@gmprecruit.com 

GMP Recruitment Services (S) Pte Ltd   |   EA Licence: 09C3051   |   EA Personnel: Jackie Ng   |   Registration No: R22109024