Credit Analyst (SG)

CIMB; Kuala Lumpur; On-site; MYR 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented credit analyst to support their Commercial Banking division. In this role, you will prepare credit proposals and conduct thorough reviews to assess the creditworthiness of clients across various sectors. Your analytical skills will be key in evaluating financial statements, industry conditions, and repayment sources. You will collaborate closely with relationship managers and stakeholders to ensure compliance with credit policies and facilitate timely credit approvals. This is an excellent opportunity to contribute to a dynamic team and make a significant impact in the banking sector.

Qualifications

• Strong analytical skills for credit and risk assessment.
• Ability to summarize and recommend credit strategies.

Responsibilities

• Prepare credit proposals and conduct credit reviews.
• Monitor risk triggers and manage stakeholder queries.

Skills

Analytical Skills

Credit Risk Assessment

Financial Analysis

Writing Skills

Education

Bachelor's Degree in Finance or related field

Job description

To support Commercial Banking, CIMB Singapore Branch, in credit proposals, reviews and other credit related matters.

Key Responsibilities

• Prepare
• credit reviews (annual reviews, interim reviews, rating reviews, ad-hoc reviews)
• credit proposals for new-to-bank and enhancements.
• pre-screen memos
• Early Warning memos/slides
• Other credit-related/amendment memos
• Cancellation memos
• Spread financial statements and update credit ratings and loan gradings.
• Monitor risk triggers and testing of covenants.
• Manage queries and responses from stakeholders on credit submissions.
• Perform any other tasks as assigned/required from time to time to assess credit worthiness of the borrowers.

Job Scope

• Prepare credit submissions for approvals with the following requirements:
• Strict adherence to agreed service level agreement including credit review schedules.
• Detailed analysis on financials, client, and industry with up to-date information. To highlight any financial and credit concerns to relationship managers and approvers.
• Good analytical skills on credit and risk assessment of companies in various sectors including but not limited to, sources of repayment, collateral, unsecured position, industry sector, geographical locations and business performance.
• Ability to summarise and make appropriate recommendations on credit strategy and decision based on the overall analysis of the credit worthiness of the client, industry, facility structure, etc.
• Good writing skills to articulate the pertinent points in credit memo and other supporting documents in the credit submission pack.
• Conversant and knowledgeable on the Group’s credit policies, practices and procedures including policy exceptions, higher credits exceptions, sector limits, approval processes.
• Conversant with regulatory requirements / guidelines including but not limited to credit loan grading.
• Co-ordinate with the Relationship Managers to procure pertinent and key information (e.g. account plan and strategy, customer organisation chart), data and documents (e.g financial statements, debtors/creditors ageing, list of buyers/suppliers) to perform effective credit evaluation work to facilitate the preparation of credit memo.
• Timely response to queries from stakeholders including credit approvers to facilitate effective credit approval process.
• Liaise with Credit Administration Department and other stakeholders (e.g. Credit Risk, Portfolio Management) on relevant post approval credit data and follow up on fulfillment of credit conditions. Credit monitoring on compliance of covenants and risk triggers and seek appropriate credit approval for any breach/non-compliance.