Director- Credit Risk

Andrea Mak; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Job summary

Andrea Mak in Hong Kong seeks a senior risk policy professional to develop and govern credit risk policies for retail lending. You will translate modelling insights into actionable rules and ensure compliance with HKMA requirements, while supporting product launches and stakeholder reporting.

You will work with analytics, underwriting and compliance teams to drive policy adherence and respond to audits, balancing risk control with business objectives.

Qualifications

• Bachelor's degree in Finance, Statistics, Mathematics, or related field.
• FRM preferred.
• Solid banking background with lending/retail credit risk experience.
• Deep understanding of Hong Kong retail lending regulatory landscape.

Responsibilities

• Develop, review and roll-out credit risk policies, standards and control frameworks.
• Own end-to-end policy governance: draft, revise and socialise underwriting rules and exceptions.
• Collaborate with analytics/modelling to translate insights into business rules.
• Conduct portfolio risk review, identify trends and propose policy adjustments.
• Support new lending product launches with risk controls and compliance.
• Prepare risk assessment papers and management reports for risk committees.
• Partner with business, underwriting, operation and compliance teams.
• Respond to regulatory queries and audit findings related to credit risk policies.

Skills

Credit risk policy

Policy governance

Model interpretation

Stakeholder communication

Regulatory compliance

Education

Bachelor's degree in Finance/Statistics/Mathematics

Job description

• Develop, review and roll‑out retail lending credit risk policies, standards and control frameworks aligned with risk appetite and HKMA regulatory requirements.
• Own end‑to‑end policy governance: draft, revise, socialise and maintain credit underwriting rules, limit framework, approval criteria and exception handling procedures for lending products.
• Work closely with analytics / modelling team to interpret model outputs, translate model insights into actionable risk policies and business rules; participate in model validation review (hands‑on modelling experience desirable but not primary requirement).
• Conduct portfolio risk review, identify emerging risk trends, perform gap analysis and propose policy adjustments to mitigate credit loss.
• Support new lending product launch: assess risk implication, define corresponding policy controls and ensure regulatory compliance.
• Prepare risk assessment papers, management reporting and policy briefing materials for risk committee and senior stakeholders.
• Partner with business, underwriting, operation and compliance teams; provide risk advisory, drive policy implementation and monitor policy adherence.
• Respond to regulatory queries, internal / external audit findings related to credit risk policies and controls.

Job Requirements

• Bachelor's degree in Finance, Statistics, Mathematics or related disciplines; FRM preferred.
• Solid banking background with lending / retail credit risk experience, heavy focus on risk policy formulation and implementation.
• Deep understanding of Hong Kong retail lending regulatory landscape and banking risk‑management practices.
• Able to balance risk control with commercial business objectives; pragmatic in translating risk principles into operational policies.
• Strong stakeholder communication, documentation and analytical skills.

Fluent in English and Cantonese; working Mandarin.