United Overseas Bank Ltd (UOB)

Assistant VP/Manager, Credit Control Syndication - Credit Admin Control (Insurance Section)

United Overseas Bank Ltd (UOB)| Date Posted: 8-Apr-2019
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Job Description

Responsibilities:

  • Manage and maintaining cordial relationship between Business units and Internal Departments as well as handling enquiries/requests
  • Track, monitor and review aging reports to ensure insurance policies are received in time, updated accurately and also the sum insured is adequate.  
  • Ensure the Bank’s interests are protected by checking through specific clauses within the insurance policy
  • Ensure the monitoring of renewals of the insurance policies are properly managed and complied
  • Processing day to day transaction includes new policies, renewal of policies as well as checking for adequacy of the sum insured.
  • Coordinate with the various Business units and Internal Departments to ensure that the relevant insurance policies are received within the stipulated timeframe
  • Co-ordinate / Participate in projects in the department as and when applicable
  • Provide guidance, training and knowledge sharing as and when applicable
Requirements:
  • Bachelor degree in related discipline 
  • At least 5 years’ experience credit lending and operations, especially in the area of insurance coverage for collateralized assets.
  • Possess good functional and technical expertise required to perform core aspects of the job, including sound knowledge of insurance coverage for collateralized assets and operational risk, regulations and legal guidelines
  • Proven track record in residual credit & operational risk management and knowledge of relevant application systems.
  • Well-developed leadership, communication, interpersonal and organization skills
  • Strong quantitative, analytical, and problem solving skills
  • Ability to manage multiple initiatives and to work under challenging and demanding circumstances to meet deadlines.
Company Overview
United Overseas Bank Ltd (UOB)