Associate, Credit Administration (Wealth Management)
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FULL_TIME
Salary Negotiable
Location Hong Kong
FULL_TIMEConsultant June Kwong
JobRef 1284100/001
Date posted 07 September 2023
hong-kong banking-financial-services/operations 2023-09-07 2023-11-06 banking Hong Kong HK Robert Walters https://www.robertwalters.com.hk https://www.robertwalters.com.hk/content/dam/robert-walters/global/images/logos/web-logos/square-logo.png true
An French multinational universal bank is hiring for an Associate, Credit Administration for their Wealth Management team! We are keen to speak to candidates with minimum of 4 years of work experiences in credit administration within Wealth Management. Experiences in MCRA reporting will be a bonus.
Key Responsibilities:
- Prepare all legal documents in connection with credit extension to clients of HK booked, including complicated cases.
- Issue banker’s guarantee and standby letter of credit
- Prepare credit authorisation ticket
- Liaise with Legal Department and external lawyer (if necessary) for all non-standard legal document
- Contribute to the reporting of all incidents according to the Incident Management System
- Comply with regulatory requirements (e.g. MCRA reporting) and internal guideline
- Prepare instruction to external lawyer for creation or release of mortgage deed
Requirements:
- Minimum of 4 years of relevant experience with a multinational bank.
- Good knowledge of Credit Administration and its activities and all aspects of risk elements involved.
- Familiar with Credit Risk, Legal and Regulatory aspects of the banking business.
- University graduate in Finance/ Business Administration, or relevant discipline.
- Good communication in English and Cantonese
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