Credit Assurance - VP

OCBC; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Benefits offered by this job

Competitive salary

Flexible benefits

Community initiatives

Professional development

Culture & values care

Wellbeing & growth

Job summary

OCBC Malaysia is seeking a Credit Assurance Specialist to support lending decisions by reviewing credit proposals, assessing risk, and ensuring controls meet regulatory standards. The role collaborates with credit teams to provide expert guidance and maintain robust risk management.

The ideal candidate has a degree in finance or business, at least 3 years in credit risk or related field, strong analytical and communication skills, and the ability to work independently and in a team.

Qualifications

• Reviewing and analysing credit proposals to identify risks.
• Provide assurance on credit risk management processes and controls.
• Conduct regular audits to ensure regulatory compliance.

Responsibilities

• Reviewing and analysing credit proposals to identify potential risks and areas for improvement.
• Providing assurance on the effectiveness of credit risk management processes and controls.
• Conducting regular audits and reviews to ensure compliance with regulatory requirements and internal policies.
• Developing and implementing risk mitigation strategies to minimize potential losses.

Skills

Credit risk assessment

Analytical thinking

Data analysis

Communication skills

Stakeholder management

Regulatory knowledge

Education

Degree in finance, accounting, or business administration

Job description

Who We Are

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Why Join

As a Credit Assurance Specialist at OCBC, you'll play a critical role in ensuring the bank's lending activities are sound and secure. You'll work closely with our credit teams to assess and mitigate risks, providing assurance that our lending decisions are informed and responsible. This is a challenging and rewarding role that requires strong analytical skills and attention to detail.

How you succeed

To succeed in this role, you'll need to build strong relationships with our credit teams and stakeholders, providing expert guidance and assurance on credit risk management. You'll need to stay up-to-date with industry trends and regulatory requirements, and be able to communicate complex risk issues in a clear and concise manner. Your ability to analyze data, identify risks, and develop effective mitigation strategies will be critical to your success.

What you do

• Reviewing and analyzing credit proposals to identify potential risks and areas for improvement
• Providing assurance on the effectiveness of credit risk management processes and controls
• Conducting regular audits and reviews to ensure compliance with regulatory requirements and internal policies
• Developing and implementing risk mitigation strategies to minimize potential losses
• Collaborating with credit teams to develop and implement credit risk management frameworks and policies
• Provide risk management guidance and support to business units
• Develop and maintain risk management policies and procedures
• Collaborating with commercial banking teams to identify and assess credit risk
• Staying up-to-date with market trends and regulatory requirements

Who you are

• A degree in a relevant field, such as finance, accounting, or business administration
• At least 3 years of experience in credit risk management or a related field
• Strong analytical and problem-solving skills, with the ability to analyze complex data and identify potential risks
• Excellent communication and interpersonal skills, with the ability to build strong relationships with stakeholders
• Strong knowledge of credit risk management principles and practices, including regulatory requirements and industry standards
• Ability to work independently and as part of a team, with a strong focus on delivering results and meeting deadlines

What we offer

• Competitive base salary.
• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry-leading learning and professional development opportunities.
• Selection based on ability and fit with our culture and values.
• Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
• Competitive base salary.
• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry-leading learning and professional development opportunities.
• Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

Equal opportunity.

Fair employment.