Assistant Vice President, Credit Risk - Credit Management - Wholesale MY

CIMB Group Holdings Berhad; Kuala Lumpur; On-site; MYR 200,000 - 250,000; Full time

Job summary

A leading banking group in Malaysia seeks an Assistant Vice President in Credit Risk to enhance risk management practices. The role involves collaborating with various teams, conducting thorough credit assessments, and leveraging analytical tools for insightful reporting and decision-making. Candidates should have extensive experience in credit risk and demonstrate strong leadership and analytical skills. This position offers an opportunity to drive innovation within a dynamic and growing environment.

Qualifications

• At least 5-10 years of experience in credit risk and banking products.
• Ability to work independently and as a team player.
• Strong initiative and desire to learn and develop.

Responsibilities

• Design and implement credit risk dashboards for monitoring.
• Conduct credit assessments and evaluations per risk policy.
• Foster collaboration across departments for effective risk management.

Skills

Critical Thinking

Problem Solving

Communication

Analytical Skills

Data Analysis

Tools

Tableau

Excel Power BI

SQL

SAS

VBA

Python

Job description

Assistant Vice President, Credit Risk - Credit Management - Wholesale MY

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1. Foster agility and growth mindset with robust application of business intelligence and analytic tools to develop, implement and enhance risk management capabilities and processes in meeting evolving business needs and regulatory requirements.

2. Design and implement insightful credit risk dashboards and reports to facilitate risk identification, assessment, monitoring and reporting, enable informed decision-making and provide business stakeholders with clear and actionable insights.

3. Collaborate with CIMB Singapore BUs to provide insights in support of the business planning / forecasting and performance monitoring via appropriate MIS, risk appetite triggers, and portfolio reviews.

4. Leverage on data-driven and deep-dive analysis / insights to identify, evaluate and monitor early warning signs of credit deterioration and stress testing to identify credit risk trends, anomalies and vulnerabilities, enabling the prevention of potential credit losses and shaping of credit risk portfolio strategies.

5. Facilitate the analysis, reporting and escalation to Senior Management / risk committees that are strategic, insightful and forward-looking on emerging risks, portfolio performance and trends for portfolio optimization and effective risk management.

6. Support strategic alignment by actively participating in projects / initiatives with respect of credit portfolio, business strategy, productivity or quality improvement that support business growth and enhance risk management. This includes user requirement specifications, user acceptance test and documentation of new procedures and training materials.

7. Provide secretariat function and support for SG Risk Committees.

Credit Evaluation & Decision Making for Non-Retail covering Commercial Banking and Corporate Banking

1. Provide independent and sound credit assessment and evaluation that align with credit underwriting standards and risk policy / framework / risk appetite / risk posture within the stipulated turnaround time with the objective of providing sound credit recommendations on credit proposals to the Group’s Credit Committee(s) as well as EXCO / Board for decisions; and ensure appropriate balance is considered in risk-return decisions such as asset quality and RAROC / financial targets to minimise the probability of credit losses.

2. Drive effective risk management using appropriate credit risk management tools / methodologies including, but not limited to, Rating Methodology, Early Warning Indicators (EWI), Watchlist Framework, Risk Acceptance Criteria (RAC) and Stress Testing (including thematic review) to ensure robust underwriting and portfolio review in line with Risk Posture and Risk Appetite.

People Management – Customer and Employee Engagement & Development

Customer:

1. Foster collaboration with CIMB Singapore BUs/BEs, and other relevant cross-functional stakeholders within Risk.

2. Build and maintain strong relationships and rapport with various business units, business support function units and other areas of risk management within CIMB Singapore.

3. Promote and foster a collaborative and high-performance risk culture for sustainable growth.

Employee Engagement & Development:

1. Demonstrate strong leadership capabilities in supporting the team’s development to meet evolving risk and business needs.

2. Provide guidance and / or support to team members, ensuring alignment with the Bank’s strategic objectives and Group Risk priorities.

3. Embrace CIMB EPICC culture and values.

Regulatory Compliance

1. Provide support to Singapore Risk in addressing MAS requirements and audit request, ensuring the Branch’s risk framework and practices are in compliance with the applicable banking laws, regulations, internal policies and procedures.

2. Stay abreast of industry trends, regulatory developments and best practices in credit risk management to continuously enhance the bank’s risk management capabilities.

Job Requirements

At least 5-10 years of experience in credit risk and banking products with focus on business intelligence, data management and analysis.

Ability to work independently while also being a strong team player.

Possess critical thinking capabilities including strong problem-solving and judgment skills.

Agile and growth mindset with the ability to embrace change and drive innovation in risk management practices.

Self-motivated and adaptable with strong initiative and desire to learn and develop.

Excellent communication and interpersonal skills for effective collaboration across departments.

Strong analytical skills to review and analyse data. Savvy with usage of data visualisation tools e.g. Tableau or Excel Power BI / Power Query.

Strong in SQL, SAS, VBA or Python will be added advantage.

Proficient in Presentation slides and Excel.

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Your application will include the following questions:

Which of the following statements best describes your right to work in Malaysia? What's your expected monthly basic salary? Which of the following types of qualifications do you have? How many years' experience do you have as a Vice President of Credit Risk?

Banking & Financial Services More than 10,000 employees

CIMB Group is one of ASEAN’s leading universal banking groups and is Malaysia’s second largest financial services provider, by assets. It offers consumer banking, commercial banking, investment banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present in all 10 ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar, Laos and Philippines). Beyond ASEAN, the Group has market presence in China, Hong Kong, India, Sri Lanka, Korea, the US and UK.

CIMB Group has the most extensive retail branch network in ASEAN approximately of 720 branches as at 30 September 2019. CIMB Group’s investment banking arm is also one of the largest Asia Pacific-based investment banks, offering amongst the most comprehensive research coverage around of 600 stocks in the region.

CIMB Group operates its business through three main brand entities, CIMB Bank, CIMB Investment Bank and CIMB Islamic. CIMB Group is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad. It had a market capitalisation of approximately RM48.9 billion as at 30 September 2019. The Group has around 36,000 employees located in 16 countries

For more information, please visit www.cimb.com

CIMB Group is one of ASEAN’s leading universal banking groups and is Malaysia’s second largest financial services provider, by assets. It offers consumer banking, commercial banking, investment banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present in all 10 ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar, Laos and Philippines). Beyond ASEAN, the Group has market presence in China, Hong Kong, India, Sri Lanka, Korea, the US and UK.

CIMB Group has the most extensive retail branch network in ASEAN approximately of 720 branches as at 30 September 2019. CIMB Group’s investment banking arm is also one of the largest Asia Pacific-based investment banks, offering amongst the most comprehensive research coverage around of 600 stocks in the region.

CIMB Group operates its business through three main brand entities, CIMB Bank, CIMB Investment Bank and CIMB Islamic. CIMB Group is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad. It had a market capitalisation of approximately RM48.9 billion as at 30 September 2019. The Group has around 36,000 employees located in 16 countries

For more information, please visit www.cimb.com

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