Analyst/Associate, Transaction & Regulatory Expert at ING BANK NV
Singapore, Southeast, Singapore -
Full Time


Start Date

Immediate

Expiry Date

24 Jun, 25

Salary

0.0

Posted On

24 Mar, 25

Experience

1 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Banking/Mortgage

Description

ING Wholesale Banking in Singapore
We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial experts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client’s perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.
Job Profile Summary
CF&A is one of the Wholesale Banking sectors and services a range of international commodity, food and agricultural clients. The portfolio is diverse, ranging from food companies to players in the mining and battery metals segment. The sector composes of three subsectors being Trade and Commodity Finance (TCF), Food Beverage and Agri (FB&A) and Metals Mining and Fertilizers (MMF), serving clients across the supply chains .
We are a business that is both responsible for origination, and coverage as well as execution of the majority of transactions in our sector. The key focus of the team is to use its sector knowledge to select and develop a client base where we can deploy the bank’s capital effectively with a view to originate high value mandates across the Bank’s product offering (including debt arranging, project finance/advisory, debt capital markets, and financial markets).
We are looking for someone to join our Transaction and Regulatory (T&R) function. As a T&R expert, you will be working closely with the front office teams to provide strong support to the business unit across its business operations, workflow migration, management reporting, data quality and various regulatory requirement.

Responsibilities

Supporting the front office staff in execution of all lending and other commercial activities as well as portfolio management.
Monitor and maintain portfolio hygiene across workflows in Risk and Compliance.
Ensure timely implementation of changing internal policies and regulations as well as following up on the corresponding remediation plans.
Drive reporting on a recurring basis and ad hoc reporting request.
Liaise with other departments (Risk, Compliance, Audit, Finance, etc.) with respect to regulatory projects, internal policies and compliance on an ongoing basis.
Maintain data quality, check and analyze the accuracy and timeliness of data, identify critical data gaps, work with system owners to extract the required data and to automate the process.
Ensure appropriate communication with the stakeholders on the task progress.
Identify additional requirements, recommend improvements / process changes.
Monitor and liaise with credit insurance brokers and underwriters to manage overall credit exposures; execute legal documentation; and assist in generating credit packs, credit ratings and financials.

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