Job Description

Overview:The regional Credit Risk Management team acts as the second line of defense (2LoD) for corporate and counterparty credit risk on transactions originated by the Sectors, Lending, Transaction Services, Financial Markets and CM&A teams in Asia. We also have dedicated staff to assess ESG risks, to manage restructurings and recovery of problem loans, and to provide periodic and ad hoc reporting on credit risk aspects to our local regulators.The colleagues advising on and approving transactions for Corporate clients have historically been grouped under Corporate Credit Risk Management, which is being renamed into Transactional Approval & Advice (\xe2\x80\x9cTA&A\xe2\x80\x9d) in line with global setup. The new regional Head of TA&A will hierarchically report to the Head of Credit Risk Asia (currently double hatted by CRO Asia) and there will be a functional escalation to the Global Head of TA&A in Amsterdam.Responsibilities

• Advise on or approve credit proposals as presented by deal teams in the region in line with delegated authority and manage exposure within RAS boundaries, policy and regulatory requirements.
• Functional oversight over and accountability for the activities of TA&A teams in WB Asia locations.
• Guide and develop personnel within these teams to maximize their potential and ensure efficiency & effectiveness.
• Coordinate implementation of various global and regional regulatory commitments in the credit risk space.
• Be the principal point of reference for internal, external and regulatory audits / queries / ad hoc reports on credit risk related matters for Singapore branch.
• Proactively share and manage risk appetite with First Line to maintain a common risk culture.
• Continuous attention for compliance, non-financial risk, ESG risk and adherence to minimum standards regarding data quality, overdue reviews, compliant ratings and SOx.
• Act as alternate for CRO Asia in RGLC & NFRC Singapore, Risk Representative in Singapore Management Committee and member of CRO Singapore Platform.

• You are an Orange Code ambassador
• 15+ years\xe2\x80\x99 experience within Wholesale Banking front office and/or credit risk, with expert knowledge of lending products (and documentation) and working knowledge of financial markets products (and documentation).
• In depth knowledge of the Signatory Approval Process and proven ability to take the lead, communicate effectively across the three lines of defense and take decisions under pressure.
• Knowledge of and experience with ING\xe2\x80\x99s markets in Asia and strong cultural awareness.
• Proven track record of leading and engaging teams.
• Gravitas to deal with senior management, auditors and regulators.
• Results oriented, dedicated and have flexibility to adapt well to a dynamic working environment with high level of integrity, sense of urgency, attention to detail and quality standards.
• Bachelor\xe2\x80\x99s degree or above in Finance, Economics, Law or a closely related field.
• You will have to confirm you understand and acknowledge the requirements for this role as a Material Risk Personnel as set out in the Guidelines on Individual Accountability and Conduct (IAC) issued by the Monetary Authority of Singapore in 2021. In addition, the Head of TA&A will be an Identified Staff as defined in ING\xe2\x80\x99s Remuneration Regulations Framework

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