Risk Management Group works closely with our business partners to manage the bank's risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure.
Assess, approve credit requests and keep the quality of the loan portfolio sound/prudent and within agreed risk appetite;
Ensure timely assessment/review/approval given;
Ensure credit applications are approved in accordance with the policies and guidelines set out for Wealth Management segment;
Ensure compliance of the approval conditions and follow up with RM on the timely submission of any exceptions
Assess the risk and approve credit applications (including structured and non standard), ad-hoc exceptions such as conc cap waiver/higher LV, shortfall and limit excess for PB/TPC clients;
Control credit risk and portfolio quality by ensuring compliance with all applicable credit policies, guidelines, procedures, as well as laws and regulations;
Work closely with CM/RM on the credit requests and ensure that all potential risks not limited to credit, legal, documentation, operational, regulatory and reputational risk are properly addressed and justified. Provide credit judgement/comments for obtaining approval from higher approval level if the proposed credit is outside the delegated lending authority;
Evaluate portfolio performance under stress conditions, identify vulnerable accounts and follow up with RM on rectification plans to ensure accounts are timely regularised;
Participate in credit product/program review and approval process;
Develop and update standards and procedures/automation to ensure robust credit management.
At least 8 years of experience in PB Credit risk;
Good understanding of financial markets and the risks involved in financial instruments (Equities, Fixed Income securities, Funds, Structured Products and Derivatives);
Well equipped with operational and risk management processes;
Good experience / skills in credit analysis, problem solving and verbal / written communication;
Ability to work under pressure and prepare to take additional projects/initiatives.
Bachelor's Degree holder
A good team player;
Pleasant personality and able to work with peers.
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.