Position Purpose
Loan Service is an independent unit within Credit Operations at BNP Paribas, Tokyo Branch. The team manages the end-to-end lifecycle of the loan portfolio advanced by the Branch, ensuring operational excellence, regulatory compliance, and accurate financial reporting.
Responsibilities
1. Loan Lifecycle & Portfolio Management
• Disbursement & Booking: Execute and oversee the booking of new loan facilities, including principal disbursements, ensuring all terms (interest rates, repayment schedules, covenants) are accurately captured in the core banking systems.
• Lifecycle Events: Process all lifecycle events including principal repayments, interest accruals, fee bookings (commitment fees, agency fees, etc.), and maturity/rollover actions.
• Document Management: Review, archive, and maintain loan documentation (Facility Agreements, Security Documents, Promissory Notes) to ensure they are legally enforceable and complete.
• Client Servicing: Act as the primary operational point of contact for borrowers and agents, resolving inquiries regarding statements, interest calculations, and payment statuses.
2. Cash Management & Settlement
• Payment Processing: Prepare payment instructions for interest and principal settlements and submit them to payment operations team.
• Reconciliation: Perform daily/monthly reconciliation of loan-related Nostro accounts and suspense accounts, as well as inter-system reconciliation to ensure all cash movements are accounted for and deals are properly processed front to back. Discrepancies should be resolved promptly.
• Fee Collection: Monitor and manage the collection of various transaction fees, ensuring accurate invoicing and timely posting.
3. Control, Risk & Compliance
• Regulatory Reporting: Compile and submit accurate regulatory filings to local authorities (e.g., FSA, MOF, BOJ) and internal group reporting.
• Audit & Control: Facilitate internal and external audits by providing requested documentation and ensuring all operational processes adhere to the Bank’s Control Framework.
• Operational Risk: Identify process gaps and contribute to the development of Standard Operating Procedures (SOPs) to mitigate operational risk and fraud.
Technical & Behavioral Competencies
Technical Competencies
• Education: University degree in Finance, Accounting, Economics, or a related field.
• Experience: Minimum of 5 years of experience in Loan Operations, Middle Office, or Credit Administration within a corporate/investment banking environment.
• Product Knowledge: Deep understanding of commercial lending products (Term Loans, Revolving Credit Facilities, Syndicated Loans) and lifecycle events.
• Systems & Payments: Proficiency in core banking systems and familiarity with payment messaging standards (e.g., SWIFT).
• Regulatory Knowledge: Familiarity with local Japanese banking regulations and international best practices in credit operations.
Behavioral Competencies
• Language Proficiency: Professional fluency in both English and Japanese (written and spoken) is mandatory for interacting with local and international stakeholders.
• Attention to Detail: Exceptional accuracy in data entry and financial reconciliation to prevent financial loss.
• Resilience: Ability to work under pressure in a high-volume, deadline-driven environment.
• Analytical Thinking: Strong problem-solving skills, specifically regarding complex interest calculations or settlement discrepancies.
