Assistant Vice President - Pre-Approval Credit Check

SMBC Group; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Sumitomo Mitsui Banking Corporation Malaysia Berhad seeks a skilled Credit Analyst to review credit applications for accuracy, ensure compliance with Head Office rules and procedures, and support robust credit control and risk management. You will monitor credit data and communicate findings to front office and Credit Department, ensuring proper approvals and documentation.

The role requires a Bachelor’s degree and 3–5 years of credit analysis experience, with strong communication and analytical

Qualifications

• Bachelor’s degree or professional qualification in business, economics, accountancy or related discipline.
• Minimum 3-5 years of credit analysis, credit review and well versed with Head office credit related policies/rules will be added advantage.
• Strong communication and analytical skills and able to work efficiently in both independent and team work environments.

Responsibilities

• Reviewing credit applications for compliance with Head Office rules and guidelines; assess accuracy of customer information, facilities and collateral.
• Reviewing credit monitoring including obligor and facility grading; ensure appropriate self-assessment and adjustments.
• Monitor market signals such as share price movements and external ratings changes; escalate via Trigger Report as needed.
• Trigger Business Promotions based on adverse credit monitoring information.
• Oversee credit policies, procedures, KPIs, and training to manage credit risk and provide recommendations.
• Prepare reports for Management meetings and regulatory reporting on credit administration.
• Coordinate with Credit Control and other departments to ensure proper credit functions and procedures.

Skills

Credit analysis

Credit review

Analytical skills

Communication skills

Teamwork

Education

Bachelor's degree

Job description

SUMITOMO MITSUI BANKING CORPORATION MALAYSIA BERHAD

Job Summary

• Reviewing credit application for accuracy of customer information, credit facilities/collateral's structure and appropriateness of approval authority.
• Compliance of Head Office rules, internal and external credit related guidelines and procedures.
• Ensuring adequate and proper credit policies, procedures and supporting mechanisms in managing credit risks.
• Foster communication and work in close partnership with the front office and Credit Department etc to support robust credit control and compliance processes.

Job Responsibilities

• Reviewing credit application in respect of compliance with Head Office rules, internal /external guidelines and procedures; including reviewing of accuracy of customer information, appropriateness of credit facilities, accuracy and completeness of supporting documents, adequacy of collaterals and appropriateness of approval authority.
• Reviewing credit monitoring in respect of customer information and financial data registration; accuracy of obligor and facility grading; applicability of self-assessment and appropriate adjustments.
• Attentive to customers’ downward share price movement, widening CDS price, external ratings downgrade (voluntary trigger events) and inclusion in the Trigger Report.
• To trigger Business Promotions on the requirement of credit monitoring based on any adverse market information of the customers.
• Managing and monitoring the efficacy of credit policies, procedures and supporting mechanisms (credit organizational design, key performance indicators, incentives, training etc.) in controlling credit risk and making appropriate credit related recommendation.
• Timely preparation of reports pertaining to credit administration for submission and deliberation at Management meetings and regulatory reporting.
• Attending to and following through with the responses to all relevant credit related audit issues, from BNM, LFSA, J-FSA, BOJ, External Auditors, CRVD, IAD, etc.
• Collaborating within Credit Control Department and other departments (including Shared Service Centre) to ensure appropriate credit functions and procedures.
• Ensure appropriate action plans and contingency plans are in place to manage irregular matters (such as breaches and errors) and crisis situations respectively in Pre-approval Credit Check ("PACC"), including timely reporting to management.
• Take necessary actions to secure sufficient and appropriately skilled resources and ensure staff within PACC can act as back-up for each other.
• Work closely with the Front Office and Credit Department etc. to address evolving regulatory requirements and internal governance standards.

Job Requirements

• Possess a Bachelor’s degree or professional qualification in business, economics, accountancy or related discipline.
• Minimum 3-5 years of credit analysis, credit review and well versed with Head office credit related policies/rules will be added advantage.
• Strong communication and analytical skills and able to work efficiently in both independent and team work environments.
• Good understanding of various industries and regulatory policy and requirements. Good presentation skill, writing skill, problem solving, interpersonal skill.
• Team player, self-motivate, enthusiastic and open to new ideas.