Job Description

Overview

This position will provide assistance and support to the Vice President, Loan Administration and/or Associate, Loan Administration to monitor and maintain relevant credit information of each customer within the Loan IQ application and GBR system.

This position is also responsible for all input functions of the Loan IQ system and the incumbent will also act as \xe2\x80\x9cDeal Administrator\xe2\x80\x9d. The position also requires some understanding of the technical aspects of Loan IQ, as the incumbent will be involved in activities such as analysis and testing of the application.

Responsibilities

• Verifies that all customer loan applications and transactions comply with policy and procedure and predetermined credit lines with advance understanding of all aspects of loan or deal administration functions (including all aspect of funding).
• Reviews and verifies credit applications in GBR (in-house credit monitoring system) and conducts end-to-end workflow in order to book and fund the deal in loan system (Loan LQ).
• Understanding on all loan documentation and briefs, ensuring that the 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.
• Responsible to prepare Loan IQ input templates for new customers and/or deals and facilities and input set up to Loan IQ, as assigned; including both agency set up and participant bank set up as required.
• Responsible to monitor incoming notices from Agent Banks.
• Prepare tickets for daily loan transactions and input into Loan IQ system.
• Responsible to reconcile interest and/or fee notices for syndication facilities and settlement entries in Loan IQ system.
• Responsible for filing and other administrative duties, and data maintenance duties within the department as assigned.
• Ensures that the processes followed are in 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 SMBCCB\xe2\x80\x99s Compliance Department.

Qualifications

Knowledge & Experience:

• Undergraduate degree or higher. High school diploma if candidate possesses relevant experience.
• Ability to interpret credit agreements and related documentation.
• 3-5 years previous related corporate banking loan administration experience.

Skills:

• Good interpersonal (Team player), organizational and communication (verbal & written) skills.
• Good computer skills, especially in MS Excel and good keyboarding skills.
• Ability to set priorities and develop a work schedule to complete assigned tasks on timely basis.
• Business fluency in the English language.

Computer Applications:

• Loan IQ, in-house credit application system (GBR), document management system (FileNexus), Microsoft Office including Word and Excel.

Working Conditions:

Attention to details: Significant

Environment: Open office / Hybrid Work Model

SMBC\'s "5 Values" guide the overall culture of the work environment - Customer First; Proactive/Innovative; Speed; Quality; and Team SMFG. This job is performed in a secured bench seating office environment, using standard office equipment (i.e., desktops, phone, etc.) The role may regularly require long hours and occasional weekend work, as job duties and team priorities demand.

Sumitomo Mitsui Banking Corporation