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DOCUMENTATION AND DISBURSEMENT MANAGER

Job Title: DOCUMENTATION AND DISBURSEMENT MANAGER
Contract Type: Permanent
Location: Federal Territories - Kuala Lumpur
Specialisation:
Industry: Banking & Financial Services
Job Reference: 42112
Contact Details: Saw Seow Peng
Contact Email: seowpeng.saw@jac-recruitment.com
Published: about 1 month ago

JOB RESPONSIBILITIES

  • Responsible for loan documentation & disbursement of the center to ensure deliverables are achieved within the service standard.
  • Responsible to ensure customer's request is attended and resolved timely & effectively.
  • Prepare and sign letter of offer (LO) upon approval of Credit Application
  • Monitor security documentation process to ensure completion and loan disbursement within the targeted timeline.
  • Monitor pre-disbursement conditions to ensure compliance of approval terms.
  • Monitor and manage post disbursement conditions to ensure loans are in compliance with the approval terms and/or Credit Policy.
  • Maintain documentation report registering the dates of LO issuance/acceptance, follow up with legal and external solicitor, where applicable, up to loan disbursement to allow tracking of loan disbursement turn-around time to meet the target set.
  • Provide information related to credit as and when required by Bank Negara to fulfil the Bank's reporting responsibility to the regulatory authority.
  • Monitor progressive disbursement to ensure the loan is fully disbursed prior to the expiry date of the drawdown availability period.

JOB REQUIREMENTS

  • Bachelor's Degree in Business Administration or any equivalent.
  • Minimum 8-10 years of working experience in hire purchase documentation for leasing industry.
  • Strong knowledge and understanding of contract law, Hire Purchase Act and Companies Act.