Loan Administrator

3 weeks ago


North York, Canada KEB Hana Bank Canada Full time

**Job Title**:Loan Administrator
- **Dept./Br.**:Credit Department—Credit Administration & Recoveries
- **Reports to**:Vice President, Credit Department—Credit Administration & Recoveries

**Job Summary**

Primarily responsible for managing of pre-funding execution and preparing action to protect and improve the Bank’s position on distressed loans

**Responsibilities And Duties**

**Execution of Pre-funding**
- Review and Assess pre-funding conditions
- Report overall pre-funding condition status of the bank to manager
- Prepare Loan Instruction to the solicitor and review draft of Loan Agreement (note: Loan
- Agreement is prepared by the branch, reviewed by an Underwriter (Credit Department—
- Underwriting & Adjudication) and released to Credit Department—Credit Administration & Recoveries
- Conduct review a key data input from the Branches to improve data integrity once the loan(s) are disbursed.
- Prepare MAC reports (portfolio level post-loan condition management). Note: Credit Department—Underwriting & Adjudication manages transaction-level post loan conditions

**Management of problem loans**
- Prepare action plans to recover impaired loans transferred to Head Office
- Initiate legal actions against the property; contact with bank’s solicitor and monitor the progress
- Prepare overdue reports and post management reports
- Prepare written-off claims

**Preparation of specific allowance**

**Reporting**
- Prepare reports for parent bank and board of directors on a weekly/monthly/quarterly basis
- Monthly Impaired/Overdue Loan Report
- Various reports to Parent Bank

**Accounting & Reporting for general affairs**

**Skills**

**Computer Skills**
- Advanced knowledge of Microsoft Word and Excel

**Communication Skills**
- Proficient in both English and Korean

**Job Types**: Full-time, Permanent

**Benefits**:

- Company pension
- Dental care
- Extended health care
- Life insurance
- Vision care

Schedule:

- Monday to Friday

Ability to commute/relocate:

- NORTH YORK, ON: reliably commute or plan to relocate before starting work (required)

**Language**:

- Korean (required)

Work Location: One location



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