AVP, Equipment Financing Support Unit, SG COO, Institutional Banking Group
DBS Bank Limited
Application
Details
Posted: 14-Aug-24
Location: Singapore, Singapore
Type: Full-time
Salary: Open
Internal Number: 20922940
Business Function
Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.
Responsibilities
We are looking for a self-starter with strong documentation skills, independent and able to rise to challenges and meet deadlines effectively. The candidate is to:
Perform technical and compliance checks of Floor Stock, Block Discounting, Hire Purchase drawdown requests, invoices and supporting documents received and ensure that they are in order
Conduct online vehicle valuation for vehicle cases
Conduct encumbrance searches on the vehicles and equipment & enhanced searches (bankruptcy etc) on Borrower/Guarantor Perform post-acceptance technical verification of accepted Letters of Offer/Letters of Variation and all in-house security documents received for all banking facilities to ensure complete documentation prior to activation
Prepare letters of appointment of Lawyers where required
Liaise and follow-up with Relationship Managers, Customers/Car Dealers and Suppliers for submission of drawdown requests, invoices and other supporting documents
Liaise with internal departments for Floor Stock / Block Discounting / HP activation / disbursement / extension of Floor Stock
Ensure smooth processing of day-to-day transactions within stipulated Service Level Agreement
Collaborate well with team members and colleagues across business/support units
Participate in team/department projects and initiatives which include drafting user requirements, test cases and executing UAT.
Initiating and driving process improvement within the team to achieve productivity gains
Requirements
Degree with at least 8 years relevant working experience
Strong in data extraction and analytical skill
Self-motivated, strong attention to details skills, good organizational skills, able to multi-task and work under tight timeline
Market and business knowledge in equipment and vehicle Hire Purchase financing, including Block Discounting and Floor Stock is preferred
Apply now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
