Assistant VP, Wholesale Loans Operations

Company: 1011 United Overseas Bank Ltd About UOB United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow. Job Description The incumbent is responsible for the day-to-day operational management, ensuring timely and accurate processing of loan transactions, loan servicing activities, reconciliations, and associated reporting functions. The incumbent acts as the deputy to the Team Leader and serves as the primary escalation point for operational matters, risk and control issues, client service matters and staff management in the Team Leader's abence. RESPONSIBILITIES i) Loans Operations

• Handle a full spectrum of Wholesale Banking loans processing operations in an approver and supervisory capacity, including loan disbursements, repayments, redemption, rollovers, restructuring and data maintenance of accounts
• Prepare and verify SWIFT messages related to loans and securities
• Ensure day to day transactions are promptly & accurately authorized and processed
• Reconciliations and investigations
• Daily operations in accordance to MAS regulations and Bank policies and procedures.
• Responsible for the quality control process and implements corrective action when needed.
• Close communication with Credit & Admin Control Team of Branches (loan documents) and other stakeholders
• Act on behalf of the Team Leader during periods of absence, including operational decision-making, escalation management and stakeholder engagement. ii) Management Support and Initiatives
• Compile and oversee regular and ad-hoc information for management reporting and monitoring of transactions processing and loan operations
• Develop and maintain procedures and manuals for Loan Operations.
• Proactive and seek opportunities to improve service processes, minimize operational risk and reduce costs
• Work in partnership with colleagues and stakeholders on operating procedures, projects, assignments and initiatives
• Liaison with auditors and furnish information and reports for audits REQUIREMENTS
• A Degree-holder
• 10
• 15 years’ experience in Banking with at least 5 years in corporate banking operations in a lead or supervisory position
• Good knowledge of banking practices, operations and procedures.
• A self-starter and problem solver with initiative and a strong drive to achieve quality work
• Strong team player and ability to foster teamwork
• Good oral and written communication skills
• Comfortable in data handling and analysis with Excel
• Proficient in MS Office suite of applications
• Able to work rotating shifts (Including Singapore Public Holidays):
• Day Shift: 9am to 6.30pm
• Afternoon Shift: 3pm to 12.30am
• Night Shift: 12am to 9.30am Additional Requirements Be a Part of the UOB Family UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application. Apply now and make a Difference