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Manager, iCIMB - SG Ops (Credit Admin SG) MY

  • Full Time, onsite
  • CIMB Bank Berhad
  • Kuala Lumpur Credit (Banking & Financial Services) Full time Add expected salary to your profile for insights, Malaysia
Salary undisclosed

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Job Purpose *

  • Manage the credit operation process in supporting CIMB SG business. The portfolio covers various post credit approval activities for all business segments, ie Corporate Banking, Commercial Banking, Private Banking and Retail Banking based on the Service Level Agreement established with the business partners.
  • Monitor and manage the stakeholders’ expectation via delivery of services within the agreed turnaround time with sound quality of production and compliance of Bank internal policy, guidelines, procedures and SOP.
  • Security documentation for Commercial & Retail segments covers
    • Pre-disbursement (on boarding) activities: Letter of Offer generation, vetting & checking of various security documents, ensure compliance of conditions precedent in accordance to Credit approved terms and internal guideline, disbursement of facility.
    • Post disbursement activities include covenant monitoring, insurance and misc monitoring pursuant to Credit Review.
    • Off boarding activities: settlement of account with discharge/ release of the relevant collateral.
  • Various systems (core or others) data update, data entry, financial posting, daily accounting balancing & reconciliation for all business segments covers:-
    • Loan account opening, repricing & misc loan system maintenance.
    • Activation of limit & disbursement/ drawdown of credit facility.
    • Repayment of credit facility.
    • Revolving credit facility transactions & monitoring.
    • Monitor (follow up) and perform the relevant payments in relation to fees.
    • Other supporting system, ie ICRES, collateral related etc.
  • Well verse on security documentation & Banking host system with the knowledge on those law/ regulatory requirement thereon, industry practice and ability to extend professional feedback/ comment upon request.
  • Leads & manage the Credit Admin Department.
  • Key Responsibilities *

    Strategy and Planning

    • Plan and manage CAD team to ensure accurate and prompt daily processing in accordance with all relevant MAS and Group policies and guidelines.
    • Recommend changes to improve operational efficiency, control and security.
    • Identifies key objectives, financial and other performance measures for the department.
    • Identifies, allocates and organises resource requirements, including people development requirements.

    Business Performance and Management

    • Role model and drive acitivities to encourage and build desired organisational culture, values and reputation in the Group markets and with all staff, customers and regulatory/official bodies.
    • Ensure procedures are available, up to date, understood and applied by team members.
    • Continuous review of processes to ensure delivery of high-quality services to customers and meeting the KPIs set while maintaining operational risk to an acceptable level.
    • Optimise use of resources to achieve high productivity and optimal performance level.
    • Any other responsibilities / task as assigned by management from time to time.

    People Management

    • Develops teams of CAD specialists to identify potential candidates.
    • Ensure ongoing training and development of staff on operating procedure.
    • Display exemplary conduct and live by the Group’s values.
    • Take personal responsibility for embedding the highest standard of ethics, including regulatory and business conduct across Group.
    • Supervise, guide, appraise, counsel and motivate staff to seek performance improvement.
    • Create a harmoniuos work environement.
    • Enhance discipline of staff.
    • Demonstrate strong teamwork with internal and external team member.
    • Plan and manage the use of resources during resources crisis due to MC and EL.
    • Motivate, coach and develop staff in order to maximize operational efficiency.

    Regulatory Compliance

    • Ensures compliance with regulatory requirements, Group policies & procedures, client mandates, guidelines market conventions, and the Department’s policies and procedures globally.
    • Manage and mitigate financial/reputational risk by ensuring appropriate controls are developed and maintained in compliance with regulatory requirements or company policies.
    • Manage and mitigate financial/reputational risk by escalating potential issue immediately.
    • Responsible to escalate any Money Laundering and Suspicious Transactions.

    Risk Management

    • Proactively monitors and manage operational within the Business Units, system/channel risk (with operational control) of the products and actively highlight any potential and actual breakdown of controls.
    • Responsible for the identification, escalation, management and mitigations of all aspects of risk in accordance with all relevant product.
    • Establishe Business Key Risk Indicators to proactively identificial thematic and emerging risk.
    • Actively managing and monitoring performance against defined Key Risk and Performance indicators.
    • Ensure controls are efficiently and effectively exercised in order to prevent frauds and losses.

    Sustainability Development

    • Optimises business operations and resources, creating efficient processes, reduce costs and strengthens Group brand.

    Relevant Work Experience

    • 10 years of experience of relevant banking background in established bank / financial institutions.
    • 5 years of prior leadership position in a banking role in established financial institutions.