Operations Senior Executive
Full-time
Senior Executive
Kuala Lumpur, Federal Territory of...
2 weeks ago
Funding Societies | Modalku is the largest SME digital financing platform in Southeast Asia. We are licensed and registered in Singapore, Indonesia, T.....
Funding Societies | Modalku is the largest SME digital financing platform in Southeast Asia. We are licensed and registered in Singapore, Indonesia, Thailand, Malaysia, and operating in Vietnam, and backed by Sequoia India and Softbank Ventures Asia Corp amongst many others and provides business financing to small and medium-sized enterprises (SMEs), which is crowdfunded by individual and institutional investors.
And here at Funding Societies | Modalku we live by our core values:
- Grow Relentlessly: Strive to become our best, most authentic selves.
- Enable Teamwork, Disable Politics: Only by forging togetherness, we help each other succeed.
- Test Measure Act: Stay curious and reinvent ourselves, through innovation and experimentation.
- Focus on Impact: Create impact through bias for action and tangible results.
- Serve with Obsession: Build win-win relationships for the long-term by having a customer obsession.
What you will do:
Execution and processing:
1. Execute tasks assigned accurately within turnaround time, including but not limited to the followings:
- Handle trade finance products (invoice financing, micro financing, reverse factoring financing, etc.)
- Conduct AML and credit checks for all transactions.
- Generate, liaise and follow-up with internal and external parties about the completion of Letter of Offer (LO), Supplemental Letter of Offer (SLO), and Letter of Notification (LN).
- Perform due diligence activities on Issuers’ request of drawdown loans.
- Prepare and send payment instruction letters to the Trustee, as well as set up the payment in a dedicated financial portal, monitor and ensure all payments are processed.
- Deal with repayment from Issuer(s) and distribution to investor(s).
- Perform bank reconciliation.
- Ensure all the registers/trackers are promptly updated.
- Work closely with various stakeholders.
- Perform cross functional tasks within Operations department whenever required.
2. Provide on-the-job training to the new joiner(s) at the same level in respect of related job functions.
Process improvement:
- Support on increasing the efficiencies of processes and improve the turnaround time of operations.
- Participate in the company projects and perform UAT testing whenever required to ensure system functionality meets business requirements.
Risk management:
- To ensure compliance with internal and regulatory requirements on operations and credit standards.
- Updated Standard Operating Procedures (SOP) and Risk and Control Self Assessment (RCSA) from time to time whenever there is an approved process change and/or risk rating change.
- Escalate error, issue and /or deviation from SOP immediately, within 24 hours upon detection.
- Support on audit.
- Job function listed is not exhaustive and can include other responsibilities as assigned.
What we are looking for:
- Bachelor’s Degree in any discipline, preferably in Finance, Banking, Economic and/or Business & Commerce.
- 1-2 years’ experience in banking, trade finance operations, credit operations, back office, and credit administration.
- Interns (in last semester)/Fresh Graduates/Entry level applicants, with Upper Second-Class Honors and above, are encouraged to apply, training will be provided.
- A team player, able to work under pressure, adaptable to occasional overtime demands, and fast learner.
- Strong analytical skills.
- Good at problem solving and negotiation skill with all levels.
- Good written and oral communication skills in English and the ability to interact effectively with people at different levels.
- Flexible, proactive, and self-motivated with a strong drive and ability to work with minimum supervision.
- Applicants must be willing to work in KL Eco City.
You will shine in this role if you are/have:
- PC literate with knowledge of Microsoft Office Appliances; Ability to create and process Google Sheets.
- Detailed oriented and familiar with BURSA rules and SC guidelines.
- Available on an immediate basis.
- Time off - We would love you to take time off to rest and rejuvenate. We offer flexible paid vacations as well as many other observed holidays by country. We also like to have our people take a day off for special days like birthdays and work anniversaries.
- Flexible Working - We believe in giving back the control of work & life to our people. We trust our people and love to provide the space to accommodate each and everyone's working style and personal life.
- Medical Benefits - We offer health insurance coverage for our employees and dependents. Our people focus on our mission knowing we have their back for their loved ones too.
- Mental Health and Wellness - We understand that our team productivity is directly linked to our mental and physical health. Hence we have Wellness Wednesdays and we engage partners to provide well-being coaching. And we have our Great FSMK Workout sessions too to keep everyone healthy and fit!
- Learning & Development - We believe learning should never end and we support everyone with curated learning programs on our internal learning platform.
- Tech Support - We provide a company laptop for our employees and the best possible support for the right equipment/tools to enable high productivity
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