CMB Wing Lung Bank Limited is a Licensed Bank registered in Hong Kong, which is formerly known as Wing Lung Bank. Founded on 25th February 1933, CMB Wing Lung Bank is among the oldest local Chinese banks in Hong Kong. In 2008, CMB Wing Lung Bank was acquired by China Merchants Bank (CMB). In 2009, the Bank has become a wholly-owned subsidiary of CMB. In 2018, the Bank has renamed as CMB Wing Lung Bank.
CMB Wing Lung Bank and its subsidiaries hold multi licenses in banking, insurance, securities, trust and asset management sectors. Serving customers with whole-hearted, the Bank provides comprehensive banking products and services including retail banking, corporate banking and financial markets, etc. Among them, private banking, syndicated loans, bond issuance, financial markets, asset custody and asset management are influential and competitive in the market. At present, the Bank has over 30 branches and business outlets located in mainland China, Hong Kong, Macau and overseas, etc regions. The Bank has nearly 2,000 employees.
Following the motto of “Progress with prudence, service with sincerity”, the Bank embraces “Serving with Heart, Quest for efficiency, Caring for sincerity” service value into the daily operation. The Bank strives to build a first-class, innovative and cutting-edge commercial bank in Hong Kong and provides an integrated local and cross-border financial and banking services for customers.
Responsibilities:
- Review loan and security agreements to ensure compliance of approved terms and conditions and the bank’s internal policy
- Ensure all loan and security agreements are received in proper order and satisfactory manner
- Liaise with legal counsels, borrowers, agents and internal clients to confirm all condition precedents are fulfilled
- Ensure conditions for drawdown are fulfilled with proper and satisfactory supporting documents
- Mange the agency functions where the bank acts as facility agent and security agent including CP confirmation, drawdown, rollover, repayment, undertaking, waiver, amendment, loan transfer and accession
- Manage daily operation work of syndicated loan facilities, including drawdown, rollover, repayment and fee payments
- Monitor the timely completion of condition subsequence, post drawdown conditions and undertaking including submission of financial statements, insurance policies, property valuation reports, progress reports, compliance certificates etc. as stipulated in the loan and security agreements
- Ensure AML/KYC requirements set out in the procedure manuals are adequately performed and complied with
- Supervise and coach colleagues to properly perform their duties and to solve problems cases
Requirements:
- Bachelor’s Degree or above
- Proven knowledge and experience in syndicated loan administration and agency work
- Minimum 8 years of experience in (Syndicated) loan agency/ loan documentation/ loan administration/ credit documentation/ credit administration is preferred
- Proficient in MS Office applications and Chinese Word Processing
- Proficient in both spoken and written English, Cantonese and Putonghua
- Good communication and interpersonal skills
- Excellent internal and external stakeholder management
- Able to work independently and under pressure
- Candidate with less experience will be considered as junior position