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Corporate Trainee - Loan Admin

Corporate Trainee - Loan Admin

Commerz Global Service SolutionsKuala Lumpur, Kuala Lumpur, Malaysia
23 hours ago
Job description

Responsibilities

  • Handles loan administration tasks for Commerzbank Singapore, Tokyo, China and Frankfurt : control and operational aspects of approved credit transactions.
  • Checks completeness of facility documentation in consultation with Relationship Managers and Credit Officers.
  • Ensures accurate input and maintenance of credit limits, collateral data and loan transactions in the relevant Bank systems.
  • Maintains coordination with other departments, branches, and Head Office for regular and ad hoc reports for Credit, Branch Management, Head Office and MAS.
  • Ensures compliance with internal requirements / procedures / system controls and external requirements (Auditors / MAS).
  • Loan agency and administration scope : manages credit portfolios of Singapore, Tokyo, and Frankfurt Branch and supports other Asian branches as assigned by the Regional Head of GS-BM Operations Asia.
  • Provides relief coverage for fellow team members.
  • Works toward service quality and efficiency with firm controls over assigned tasks; deepens skills in business processing and technical understanding of business applications; responds to internal and external queries with minimal supervision; achieves SLA targets; handles complex cases with high competency in processing efficiency and accuracy; supports management initiatives; contributes ideas to improve operations; fosters teamwork; multi-tasks to support the team; based in Kuala Lumpur, Malaysia.

Key Activities

  • Understanding the technicalities of bilateral, syndicated and agency Loan Agreements according to prevailing market standards.
  • Maintains the setup of credit facility limits in relevant Bank systems (input / amendment / cancellation).
  • Ensures proper and complete credit facility / security documentation in accordance with relevant facility / security agreements.
  • Inputs, maintains, and authorizes collateral data, and monitors expiring collaterals and renewals.
  • Loan Agency / Administration & Operations : liaises with bilateral & syndicated loan customers, facility agent banks, lenders, borrowers and relevant departments for drawdowns, rollovers, prepayments and repayments.
  • Processing (input / authorizes) of loan transactions and fees settlements in the bank systems; maintains loan administration files.
  • Reporting : coordinates with other departments, branches, and Head Office on reporting requirements; prepares reports for Credit department, Branch Management, Head Office, and MAS.
  • Other Administrative Tasks : supports initiatives / ad hoc tasks; participates in continuous process improvements; provides holiday coverage for Commerzbank Singapore, Tokyo, China and Frankfurt activities during respective branches’ holidays; accepts additional tasks as assigned by Group Head per job rotation.
  • Formal Education

  • Candidate must possess at least Bachelor's Degree / Post Graduate Diploma / Professional Degree or Commercial School Graduate preferred.
  • Specialist Knowledge & Qualifications

  • Preferably entry level specialized in investment banking, commercial banking or broker; no work experience required; minimum CGPA 3.0; strong teamwork and interpersonal skills; fluent in English (written and spoken) with Mandarin proficiency as an advantage; MS Office and related tools.
  • Note : Successful candidates will be employed on a 12-month contract directly under Commerz Global Service Solutions Sdn Bhd; permanent employment may be offered after the program based on performance.
  • Characteristics

  • Meticulous, strong teamwork, analytical, able to work in deadline-driven environments, eager to develop new processes, fast learner, willing to learn on the job.
  • Note on Application Questions

    Additional job-related questions may include work eligibility, salary expectations, languages, notice period, and availability for public holidays.

    Company & How to Apply

    Commerz Global Service Solutions (CGSS), 100% subsidiary of Commerzbank AG, is a global service provider based in Kuala Lumpur and Penang, Malaysia. Visit the CGSS site for details :

    #J-18808-Ljbffr

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    Admin • Kuala Lumpur, Kuala Lumpur, Malaysia

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