Vice President, WBG Credit Risk (Risk Management)

China CITIC Bank International Limited; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

China CITIC Bank International Limited invites a seasoned Credit Risk professional to evaluate and approve credit applications within Wholesale and Cross-border Banking. You will manage asset quality, perform nuanced risk analysis and advise on deal structure from a risk perspective.

You will collaborate with business partners, monitor portfolio risk, participate in Credit Committee discussions, and drive proactive risk management across a designated corporate portfolio in Hong Kong.

Qualifications

• Bachelor-level degree in Accounting, Finance, Business Administration or related disciplines.
• Minimum 6 years of credit risk management and/or credit approval experience from banking; exposure in China corporates preferable.
• Thorough knowledge of accounting principles, financial statement analysis, cash flow modelling and credit administration.
• Excellent analytical, interpersonal and supervisory skills; strong written and spoken English and Chinese (Putonghua).

Responsibilities

• Evaluate & approve credit approvals and manage asset quality in Wholesale and Cross-border Banking units.
• Perform risk analysis on credit applications beyond approval authority; participate in Credit Committee discussions.
• Act as risk sponsor for large or complex deals; pre-screen, advise on product/transaction structure and due diligence.
• Review, assign or approve risk ratings for borrowers or borrower groups.
• Evaluate negative news and initiate risk mitigating actions when appropriate.
• Monitor account utilization, performance and loan compliance; alert marketing of irregularities.
• Review or recommend excesses or exceptions for approval.
• Collaborate with product groups for new product development from a risk perspective.
• Observe market intelligence and stay updated on company news and announcements.

Skills

Credit risk management

Credit analysis

Financial statement analysis

Cash flow modelling

Risk judgment

English and Chinese (Putonghua)

Education

Bachelor's degree in Accounting, Finance, Business Administration

Job description

• Evaluate & approve credit approval and manage asset quality of the Bank in designated business units or segment within Wholesale and Cross-border Banking.
• Perform critical risk analysis on credit applications beyond individual approval authority, make recommendation and deal with credit challenge in Credit Committee to facilitate approval decision.
• Act as a risk sponsor of large and complicated deals in terms of pre-screening process, advisory of product/ transaction structure from risk perspectives and project due diligence.
• Review, assign or approve risk rating for a borrower or a borrower group.
• Evaluate negative news of borrowing customer, consider and initiate risk mitigating actions where appropriate.
• Monitor account utilization, performance and loan compliance, alert marketing unit for irregularities.
• Review, approve or recommend for approval of requests for excesses or exceptions.
• Work with Business counterparts in proactive credit management of the designated credit portfolio in terms of credit migration monitoring, stress testing and early alert as well as criticized portfolio management.
• Involved in discussion with product groups for new product development.
• Observe market intelligence and stay close to company news and announcement.

Requirements:

• Degree holder in Accounting, Finance, Business Administration or related disciplines.
• Minimum 6 years’ credit risk management and/or credit approval experience gained from banking industry; exposure in managing China Corporates is preferable.
• Thorough knowledge of accounting principles, financial statement analysis, cash flow modelling and credit administration.
• Good credit judgment.
• Excellent analytical, interpersonal and supervisory skills.
• Able to communicate and present ideas effectively and persuasively.
• Good command of written and spoken English and Chinese (including Putonghua).

(Candidate with less experience will be considered as Assistant Vice President.)

Personal data collected will be used for recruitment related purposes only. Applicants not invited for interview within 6 weeks may consider their applications unsuccessful. However, applicants may be considered for other suitable positions within the Group for a period of not more than 2 years. Personal data will be destroyed at any time after 3 months.

China CITIC Bank International is committed to being an equal opportunities employer and intends to provide a work environment free of unlawful discrimination or harassment. All employment decisions will be made in a non-discriminatory manner.