Job Description

Risk Specialist - Credit Monitoring & Control (1 Year Contract) - (220001IG)
Description

Job Attributes

• Daily monitoring of credit / regulatory violations (margin shortfalls, limit excesses, including unauthorized violations) for Singapore and Hong Kong booking centres; follow up with Front Office till resolution
• Ensure that credit violations are escalated and reported in a timely manner to the relevant parties
• Maintain accurate records of margin exceptions approved and ensure timely follow up when due for renewals; provide timely submission of internal charges borne by Front Office
• Prepare and issue margin call, demand and/or ad-hoc credit letters
• Monitor and track post drawdown conditions, ensuring appropriate and timely
  • escalations to the relevant parties
• Collate and send MIS reports to senior management
• Review and calculate portfolio transfer requests and redemption requests
• Perform and authorise data inputs in various auxiliary credit systems
• Prepare reports on periodic or on-demand basis for dissemination to internal stakeholders
• Assist with the review of and update of procedures and guides
• Provide effective support for queries from Front Office
• Participate and contribute to the firm-wide initiatives on re-engineering risk management and improvements on reports and processes

Qualifications

Primary Job Requirements Education

• Preferably graduate degree in banking/finance but not absolutely necessary provided candidate has the relevant experience

Experience

• Candidate should have minimum 3 years of experience in a monitoring function
• Experience in private banking credit monitoring is an advantage

Skills

• Understand the credit end-to-end life cycle
• Demonstrate interest in the financial markets and good understanding of risk and control concepts
• Able to prioritise, organize and work independently
• Demonstrate flexibility and willingness to accept new assignment and challenges in a rapidly changing environment
• Sound knowledge of Microsoft applications is a pre-requisite, and knowledge of Power BI is an advantage

Primary Location: Singapore
Job: Credit Risk
Organization: BOS - Credit Risk
Schedule: Permanent
: Full-time
Job Posting: 12-Jul-2022, 10:56:43 PM