Deal Execution Officer
at ING
Singapore, Southeast, Singapore -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 18 Oct, 2024 | Not Specified | 19 Jul, 2024 | 2 year(s) or above | Risk Monitoring,Front Office,Reporting,Regulatory Reporting,Participation,Cooperation,Financial Markets,Finance,External Clients,Liaison,Suspense,Payments | No | No |
Required Visa Status:
Citizen | GC |
US Citizen | Student Visa |
H1B | CPT |
OPT | H4 Spouse of H1B |
GC Green Card |
Employment Type:
Full Time | Part Time |
Permanent | Independent - 1099 |
Contract – W2 | C2H Independent |
C2H W2 | Contract – Corp 2 Corp |
Contract to Hire – Corp 2 Corp |
Description:
ING BANK
ING Bank covers Wholesale and Retail Banking in Asia Pacific. Our Wholesale Banking business is present and active in 11 major economies in the Asia Pacific, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, Philippines, Singapore, South Korea, Taiwan and Vietnam.
Responsibilities:
ROLE SUMMARY
Responsible to define, organise, execute manage and continuously improve operational processes, allowing the optimal realisation of services(s). Reducing operational risks and increasing operating efficiencies and cost savings. They often operate in a complex and integrated environment and interact on a regular basis with internal and external clients; business partners and the solutions delivery centres ensuring an effective workflow. Tasks performed could be execution requiring specialised knowledge, exception handling, process improvement, reporting and controlling.
JOB RESPONSIBILITIES:
Provide detailed and comprehensive Lending support/expertise to a specific area of the business by taking on responsibility for tasks of an organisational, process or operational nature.
- Responsible for all mid-office lending activities in (complex/non-standard) domestic & international bilateral and syndicated credit facilities.
- Determination, registration and monitoring of transactions , including in agent role, in applicable risk monitoring and reporting systems .
- Perform check on drawdown & payment requests, monitoring of credit limits, outstanding and availability under the credit agreements.
- Determines and instructs applicable funding needs for involved transaction.
- Communicates in all aspects to internal and external clients and stakeholders.
- Liaison with front office and risk management to advise and structure tailor made transactions.
- Understands all relevant operations aspects of these transactions related to the Risk, Finance, Payments and Financial markets function.
- Responsible for developing and implementing the most efficient operational processes for tailor made deals, in cooperation with the Front Office and Risk Management.
- Participates in interdepartmental projects and executes tasks like drawing up test plans and participation in development and test path of the applicable Lending system.
- Monthly reporting of suspense and Reverse GST Reconciliation and any other control reporting.
- Regulatory reporting of TBGS and MAS610 H Form
REQUIREMENT SUMMARY
Min:2.0Max:7.0 year(s)
Financial Services
Accounts / Finance / Tax / CS / Audit
Finance
Diploma
The banking industry
Proficient
1
Singapore, Singapore