Assistant Vice President - Pre-Approval Credit Check

Sumitomo Mitsui Banking Corporation Malaysia Berhad; Malaysia; On-site; MYR 60,000 - 80,000; Full time

Job summary

A global financial institution in Malaysia is seeking an experienced Credit Analyst to review credit applications and ensure compliance with internal policies. The ideal candidate should have 5-7 years of credit analysis experience and strong analytical skills. This is a great opportunity to grow your career in the financial sector with extensive support and development.

Qualifications

• Minimum 5-7 years of credit analysis and credit review experience.
• Well-versed with internal credit policies/rules.
• Ability to work efficiently in both independent and team environments.

Responsibilities

• Review credit applications for accuracy and compliance.
• Monitor customer information and financial data.
• Prepare reports for credit administration.

Skills

Strong communication skills

Analytical skills

Problem-solving skills

Interpersonal skills

Presentation skills

Education

Bachelor’s degree in business, economics, accountancy or related discipline

Job description

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region. SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network. We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

Job Summary

1. Reviewing credit application for accuracy of customer information, credit facilities/collateral's structure and appropriateness of approval authority.
2. Compliance of Head Office rules, internal and external credit related guidelines and procedures.
3. Ensuring adequate and proper credit policies, procedures and supporting mechanisms in managing credit risks.

Job Responsibilities

1. 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.
2. 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.
3. Attentive to customers’ downward share price movement, widening CDS price, external ratings downgrade (voluntary trigger events) and inclusion in the Trigger Report.
4. To trigger Front Office Department on the requirement of credit monitoring based on any adverse market information of the customers.
5. 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.
6. Timely preparation of reports pertaining to credit administration for submission and deliberation at Management meetings and regulatory reporting.
7. Attending to and following through with the responses to all relevant credit related audit issues, from BNM, LFSA, J‑FSA, BOJ, External Auditors, other respective departments etc.
8. Collaborating within Credit Control Department and other departments (including Shared Service Centre) to ensure appropriate credit functions and procedures.
9. 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.
10. Take necessary actions to secure sufficient and appropriately skilled resources and ensure staff within PACC can act as back‑up for each other.

Job Requirements

1. Possess a Bachelor’s degree or professional qualification in business, economics, accountancy or related discipline.
2. Minimum 5‑7 years of credit analysis, credit review and expected to be well‑versed with SMBC internal credit related policies/rules.
3. Strong communication and analytical skills and able to work efficiently in both independent and team work environments.
4. Good understanding of various industries and regulatory policy and requirements.
5. Good presentation skill, writing skill, problem solving, interpersonal skill.
6. Team player, self‑motivate, enthusiastic and open to new ideas.

Company Overview

Sumitomo Mitsui Banking Corporation (SMBC) operates globally with extensive overseas branches that offer a broad range of financial services. Due to its incorporation of a wholly owned subsidiary in Malaysia, SMBC is now inviting you to be part of its talent pool where you can grow with us. This is indeed a good opportunity for you to chart your career collaboratively with SMBC to greater heights.