Credit Assurance - VP

OCBC Malaysia; Malaysia; On-site; MYR 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salary

Flexible benefits

Learning opportunities

Equal opportunity

Wellbeing support

Job summary

OCBC Malaysia seeks a Credit Assurance Specialist to evaluate credit proposals, assess risk, and provide assurance on credit risk management practices. You will audit processes, develop mitigation strategies, and collaborate with credit teams to strengthen risk frameworks.

The successful candidate will have a finance/accounting/business degree, 3+ years in credit risk, and strong analytical and communication skills to interact with stakeholders and ensure regulatory compliance.

Qualifications

• Degree in finance, accounting, or business administration.
• Strong analytical and problem-solving abilities.
• Excellent communication and stakeholder-management skills.
• Knowledge of credit risk management principles and regulatory requirements.

Responsibilities

• Review and assess credit proposals to identify risks and opportunities.
• Provide assurance on the effectiveness of credit risk management controls.
• Conduct regular audits to ensure compliance with regulatory requirements and policies.
• Develop and implement risk mitigation strategies to minimize losses.
• Collaborate with credit teams to refine risk management frameworks and policies.
• Provide guidance and support to business units on risk matters.
• Maintain up-to-date knowledge of market trends and regulations.

Skills

Analytical skills

Communication skills

Credit risk knowledge

Education

Finance/Accounting/Business degree

Job description

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. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

Credit Assurance Specialist

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

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. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.

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.
• Equal opportunity.
• Fair employment.
• 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.

Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to match the right needs. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.