United Overseas Bank Ltd (UOB)

Processor, Commercial Vehicles Processing Team

United Overseas Bank Ltd (UOB) | Date Posted: 9-Jul-2018
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'N' Levels / 'O' Levels, ITE/ NITEC/ Higher NITEC, 'A' Levels, Diploma, Bachelor's / Honours, Masters / PhD

Job Description

Functional area: Business Banking
Employment type: Full-time
Job Type: Permanent

The CV processor’s role is to support the business unit: Prepare vehicle / equipment loan applications, perform due diligence and compliance related checks before proceeding to obtain the necessary credit approvals within a given turn-around time.

The processor role involves interaction mainly with Business Units, Business Analysts, Credit approvers, Disbursement teams and external finance dealers.

Mission objective
Process Loan applications, translating them into successful loan disbursements which in turn business units achieve their sales targets

Job Description:
  • To process applications based on the Vehicle & equipment product guidelines.
  • To perform Account conduct checks, compliance & KYC/CSF on customer and corporate individuals
  • To input above checks and data into credit processing programs and obtain approval.
  • To issue approval advice to external finance dealers
  • To process amendments to approvals for and inform CAC to issue release letter
  • Assist in in ad-hoc projects / administrative matters.
Job Requirements:
  • At least a Diploma in Business / Accounting related disciplines.
  • Ability to perform basic financial analysis using Annual Financial Statements is a MUST
  • Prior knowledge/ experience in vehicle industry is preferred.
  • Fresh poly grads are welcome.
Company Overview
United Overseas Bank Ltd (UOB)
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Today, UOB is rated among the world’s top banks: ‘Aa1’ by Moody’s and ‘AA-’ by Standard & Poor’s and Fitch Ratings. Generations of UOB employees for the past 80 years have carried through the entrepreneurial spirit, focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues. At UOB, we believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and grow their businesses,