The Credit Administration is a key member of the lending value chain reporting to the Chief of Staff, Hong Kong, he/she is responsible for preparing, reviewing, legalizing complex/bespoke credit and security agreements for high-net-worth clients and maintaining relevant credit documentation.

Key Responsibilities:

• Document Preparation: Oversee and preparation of standard Lombard and bespoke credit facilities like life insurance financing, and single-stock / concentrated lending and other structured credit facilities. Templates to be agreed with internal Legal and other miscellaneous documentation tasks where required.

• Risk & Compliance: Ensure all relevant approval conditions and/or covenants are included in credit documentation.

• Negotiation: Independently liaise and follow up with internal and external stakeholders (eg. engage internal legal or external solicitors to ensure the perfection of documentation) to ensure timely completion of documentation.

• Administration/Monitoring/Reporting:
  • Manage status overview for issued documentation and track their return.
  • Ensure any document deficiencies are accurately tracked and escalated.
  • Manage lodgment of completed documentation for timely safekeeping, track for documentation perfection and maintain credit documentation files.
  • Periodic account monitoring, checking of credit limits, where relevant.
  • Perform documentation and other required checks for returned documentation to ensure completeness and accuracy, validate fulfillment of conditions precedent, perfection of collaterals and compliance with internal policies and procedures.
  • Review of legal opinions (where relevant, with internal Legal) to ensure compliance with applicable laws and regulations for documentation requirements.
  • Assist with the review of and update of documentation processes and procedures.
  • Conduct /oversee periodic checks on security documents based on required scope.
  • Provide effective support for credit documentation queries from Front Office.
  • Support the team in regulatory reporting, including Mortgage Data Sharing.
  • Assist with projects, UAT and contribute to the successful delivery and enhancements of systems and processes.

•  Legal and Regulatory: Comply with all applicable legal, regulatory and internal requirements linked to credit documentation. Responsible for credit documentation in Singapore and Hong Kong booking and servicing.

   

A bachelor’s degree in finance, business, economics, or any related discipline.

Minimum of 5 years in Private Banking credit risk, with deep specific knowledge of credit documentation (Lombard, Insurance, Mortgage and Structured lending).

• Good written, communication and interpersonal skills.
• Ability to prioritize, organize, and work independently.
• Self-motivated, proactive and able to multi-task and work under pressure.
• Demonstrate flexibility and willingness to accept new assignments and challenges in a rapidly changing environment.

• Good knowledge of regulatory framework in Hong Kong
• Strong legal interpretation abilities, meticulous attention to detail, and clear communication for dealing with stakeholders as well as team members.