About SEB
SEB is a leading northern European financial services group. At SEB, we have always believed that the future depends on turning great ideas into reality. Ever since we welcomed our first customer in 1856, we have been a catalyst for positive change by providing responsible advice and capital to people with ideas for the future. Grounded in our long history and strong heritage, we want to create long-term value for all our stakeholders by being curious about what the future holds.
We have a strong ambition to accelerate the pace towards a sustainable future for people, businesses, and society. Our skilled and dedicated employees stand by our customers in good times and bad and offer financial products and services that meet their ever-changing needs – both in our home markets in northern Europe and through our international network around the world.
Read more: https://sebgroup.com/
Account Manager, Corporate Banking
We are looking for an Account Manager, Corporate Banking. SEB has a rich history dating back to 1856 and has been in Singapore for more than 40 years. Corporate Banking is at the very core of the SEB Group, where client relationships usually date back extensively. As an Account Manager in Corporate Banking, you can join that journey and work with the largest multinational Northern European corporate clients.
Job Summary
As an Account Manager, you will work closely with the Client Executives and be responsible for timely and efficient processing of client requests while ensuring compliance with internal and external regulations.
The job is focused on credit and KYC & AML work and ensuring that client relationships are well documented.
The job covers both shipping and corporate clients, and experience with both would be an advantage but not a prerequisite. The Corporate Banking team consists of eight experienced colleagues and is part of the wider SEB branch of approximately 100 staff. This position reports to the Head of Corporate Banking in Singapore.
Job Responsibilities
Understanding the designated business and the financial risks of our client’s business is essential.
Credit and risk-oriented responsibilities
An integral part of the job is managing the clients’ credit limits, including credit applications, financial spreading, and the annual review processes, focusing on quality in all aspects. Furthermore, the job entails working around structures and analyzing transactions and counterparties.
It is a must to maintain credit files on an ongoing basis, comply with credit decisions, and monitor the client’s covenant compliance in accordance with the Bank’s credit policies and procedures.
KYC & AML-oriented responsibilities
As an account manager, you will also be responsible for the smooth handling of KYC and AML-related processes and associated tasks. This can include onboarding new clients and adding new products, as well as, importantly, the periodic KYC and AML work associated with existing clients.
KYC and AML-related tasks include ensuring that SEB always complies with regulations and internal policies and stretch from obtaining the relevant documents from the clients, preparing internal memos, participating in committees, etc.
Documentation oriented responsibilities
The role includes overall responsibility for documentation and “law and order,” which includes ensuring that all documentation (credit, KYC, AML, etc.) is always correct and in place.
Documentation-related tasks include liaising with legal (both internal and external) and relevant internal stakeholders in the preparation of agreements, amendments, and other legal documents. Help negotiate and finalize the terms and conditions in these documents to help ensure that they adhere to credit decisions and that the Bank is not in a less favorable position. Furthermore, a documentation checklist must be prepared, and all conditions precedents in the agreements must be met.
Job requirements:
Most importantly, you must be willing and able to deliver a high level of service externally and internally. We are looking for a candidate with:
- Good problem-solving and decision-making abilities to identify problems, gather relevant data and information, and evaluate the facts to reach a sound and balanced conclusion.
- Excellent written and verbal communication skills, including the ability to present problems, facts, ideas, analyses, and recommendations in a clear, concise, logical, and coherent manner in credit applications, etc.
- Good understanding of the implications of legal clauses in the credit agreements to assist in the negotiation of loan documents and to monitor the customers’ compliance with loan documents
- Sufficiently updated on economic developments and political situations to understand customers’ concerns and assist in the preparation of credit applications
- Ability to plan and organize work independently to meet various deadlines; therefore, it is essential to be well organized in the daily work and, at times, strictly prioritize between multiple tasks.
- At least 5 years experience in the banking industry, preferably in credit organization and relationship management. Product knowledge in Trade Finance, Loans, and FX will be an added advantage.
We select candidates continuously. Please send in your application to by 11 September 2024.
Only shortlist applicants will be notified.
