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Role Context
We are seeking a detail-oriented and organized individual to join our Credit Documentation and Life Cycle Management Team. This role will involve managing the documentation process for credit facilities from inception to maturity and ongoing facility servicing. The ideal candidate will have a strong understanding of credit products, excellent communication skills, and the ability to collaborate effectively with internal and external stakeholders.The Credit Documentation & Life Cycle Management team (CDLM) will have a range of responsibilities overseeing the provision of post credit approval activities and supporting the credit life cycle management for CMB customers.Job Introduction
CDLM team would work closely with Relationship Managers of CMB to fulfil all post approval credit requirements for CMB borrowing customers. Credit Life Cycle Analyst would be responsible to engage with the clients, check condition precedent, negotiate the documentation, complete documentation execution, arrange for documentation endorsements and ensure that credit limits are made available to clients.As an Analyst, you would be responsible for credit administration, collateral monitoring, and credit condition monitoring for clients.Principal Responsibilities
Documentation Management
·Review, negotiate and coordinate the execution of credit documentation, including loan agreements, security documents, and other legal contracts related to credit facilities extended to our clients.
·Ensure that all documentation complies with regulatory requirements and internal policies.
·Ensure that up-to-date records of all documentation are maintained within Operations.
Credit life cycle management
·Monitor the ongoing compliance of credit facilities with established terms and conditions.·Coordinate amendments, extensions, and other modifications to credit documentation as necessary.·Track key milestones and dates related to credit facilities, such as approval conditions and covenant compliance.·Responsibility of RMT management (tool to manage security documentation and approval conditions) and covenant compliance.·Follow up for all post sanction documentation such a stock statement, UFCE, Insurance policies, end use certificates, PCB certificates, valuations etc.·Respond to any audit related, credit or customer queries pertaining to documentation, security, RMT management etc.·Responsible for timely completion of security perfectionRelationship Management
·Serve as a primary point of contact for internal stakeholders, including relationship managers, credit analysts, and legal counsel.·Liaise with external parties, such as borrowers, valuers, auditors, and regulatory agencies, to facilitate the documentation process and resolve any issues.Risk Management·Identify potential risks and deficiencies in credit documentation, escalate issues as appropriate and track it for resolution.·Assist in conducting due diligence reviews and risk assessments as required from time to timeProcess Improvement·Continuously evaluate and improve documentation processes to enhance efficiency and accuracy.·Implement best practices and technology solutions to streamline workflows and reduce manual effort.Customers / Stakeholders:
·Customers
·Valuers/ Stock auditors/ Legal Auditors
·CMB (RMs, Business Heads, etc.)
·WMR
·Credit Services
·Credit Analysts
·WB COO
Operational Effectiveness & Control
·Ensure all KPI related to credit administration, covenants and conditions of approval are met
·Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which you are involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group
Compliance policy.
·Maintain HSBC Internal Control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.
·Be aware of the Operational Risk scenario Analystd with the role and act in a manner that takes account of operational risk considerations.
Maintain oversight of post approval credit process by collaborating effectively with teams involved in documentation, limit maintenance or system update
