Sydney
Ancillary Areas
Permanent
Our client is a leading global institutional bank looking for an experienced credit professional to join their team as a Credit Controller.
Responsibilities:
* Ensure timely and accurate update of risk data after credit decisions.
* Documentation control to ensure that terms & conditions of Facility Documents conform to credit decision and legal requirement.
* Validate fulfillment of conditions precedent, control limit availability in systems in conformity to credit decisions and documentations, follow up on condition subsequent, documents/temporary waiver.
* Validate the framework of required covenants in the ‘Covenant Manager’ tool, against executed credit agreements.
* To certify/validate the risk data integrity in risk systems, and provision in conformity with credit decision and of risk data related to Guarantors and guarantee records.
* Monitoring of genuine excess or exceptions for both financing products and for capital market products for corporate clients.
* To regularly report and monitor any anomalies in legal documentation, collateral shortfall, late annual review overdue or breached covenants, underwriting, put option expiry, watch list and doubtful assets.
* Contribute to the reporting of all incidents.
A successful candidate:
The ideal candidate will have a minimum of 3+ years of related experience
* Experience in the banking/finance sector necessary
* Good understanding of financial products
* Good understanding of risk concepts and methodologies
* Knowledge of credit processes
* Good understanding of transaction workflows booking concept and booking system
* Familiar with local regulations