Job Description

Overview

The Analyst, Loan Specialist is responsible for providing financial services to bilateral clients by verifying loan applications, deposits, FX, Letter of credits and import bills to ensure they comply with set policies and procedures and predetermined credit lines. The position also provides administrative support to the department.

Responsibilities

• Verifies that all customer loan applications, deposits, FX and import bills comply with policy and procedure and predetermined credit lines.
• Contact clients to obtain loan rollover / repayment / drawdown requests and negotiate loan pricing and other terms within relevant approvals.
• Responds to customer inquiries and report complaints to supervisor/management/account officer
• Sends transaction confirmation/market information to customers.
• Prepares daily client loan balance reports from established records to update individual customer credit lines.
• Ensures that complete and current customer documentation is maintained on file, reporting any discrepancies to supervisor/account officer or Management.
• Provides other administrative assistance, e.g. drafts correspondence, reports customer complaints to Associate and VP. as may be assigned.
• Input daily loan deals into Loan IQ.
• Update and monitor customer\xe2\x80\x99s accounts for transactions requests and preparing, passing entries.
• Understand and verify all loan documentation and briefs, ensuring that terms and conditions contained in the documents comply with the approved credit facility prior to the disbursement of funds and during the life of the loan.
• Filing for Japanese clients and Non-Japanese clients and Compliance documents
• KYC/Compliance check for Japanese and Non-Japanese new clients and updating KYC/Compliance for existing customers and new facilities
• Filing and maintenance of Security Documents in the vault
• Prepare and issue Standby Letters of Credit and invoices for Bilateral Credit Facilities
• Participate loan system testing when necessary
• Prepare and update desktop and procedures manuals.
• Ensures full compliance with all of the Bank\xe2\x80\x99s policies and procedures, including Anti-Money Laundering policies, and the requirements of the relevant regulatory bodies as communicated by SMBCC\xe2\x80\x99s Compliance Department.

Qualifications

Knowledge: Undergrad degree (preferably in mathematics or statistics).

Experience: Minimum 3-5 years previous related corporate banking and trade finance experience preferably interfacing with Corporate clients (deal with loan, FX and deposit and L/C products) and working in a high pressure, deadline driven work environment

Skills: Good interpersonal, strong organizational and communication skills. Good telephone manner. Ability to multi-task & work in a fast- paced environment.

Computer Applications: Loan IQ, FOX, OBS, Profile, Microsoft Office including Word and Excel

Sumitomo Mitsui Banking Corporation