Job Description

Business Function

Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.

Job Purpose:

• Manage Credit Control Unit in Singapore to ensure that the necessary credit checks and balances are in place to protect the Bank's interest in respect of credit facilities extended to Institutional Banking (including SME & Financial Institution Banking), Treasury & Markets and Wealth Management clients.

• Credit application and related documentation
• Letter of offer and its acceptance
• Collateral registration and records
• Limit control system
• Credit risk parameters monitoring
• Establish and document clear, transparent process, procedures, guidelines to ensure continuity and compliance.
• Constantly digitalise and streamline existing process to enhance control, achieve greater productivity and efficiency

Key Accountabilities:

• Manage credit extension process post Credit Approval

• Acceptance and activation ensuring conformity with approved terms and conditions.
• Ensure effective monitoring function to manage existing credit exposure and compliance with terms and conditions.
• Ensure timely monitoring of credit conditions/indicators and escalation of overdue
• Ensure service standards agreed with business partners is met
• Implement appropriate processes for new business/products and ensure credit risk is managed according to credit policies and standard
• Provide guidelines and to act as a reference point for overseas branches in their Credit Control functions.
• Manage, supervise, motivate, coach & train staff to build up an efficient, knowledgeable & professional team
• Manage budget for the department

Responsibilities:

• Ensure that any deviations from bank's standard legal documentation are highlighted to the relevant approving authorities for decision.
• Ensure that pre-activation conditions are met prior to activation and disbursement.
• Ensure that business partners are advised of deviations from normal procedures and that either the situation is rectified or that the appropriate approvals are obtained for such situations.
• Where necessary, escalate issues to approval function for resolution.
• Ensure that process maps and operating procedures are kept up to date.
• Review and request changes to existing systems & processes with the objective of further enhancing control and improving productivity.
• Ensure that staff are equipped with the knowledge and skills to perform their tasks
• Set up staff development programme to chart future career paths for staff.
• Provide training and be the reference point on Credit Control procedures for overseas branches (except greater China)

Requirements:

• 10 years of experience in corporate, wealth management or T&M banking/credit
• Degree in Banking and Finance or Business Administration preferred
• Project Management skills
• Strong communication, interpersonal and analytical skills
• Managerial skills

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We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.