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Processor, Commercial Vehicles Processing Team in Singapore at UOB Group

Date Posted: 8/9/2018

Job Snapshot

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.