Head of Credit

Phillip Capital Group; Kuala Lumpur; On-site; MYR 120,000 - 150,000; Full time

Job summary

A leading financial services firm in Kuala Lumpur seeks a qualified candidate to lead their Credit Department. Responsibilities include managing credit strategy and operations, overseeing credit underwriting, and ensuring compliance with regulatory requirements. The ideal candidate will have over 10 years of experience in credit risk management with a strong understanding of proprietary trading. Competitive benefits are offered.

Benefits

Medical insurance

Miscellaneous allowance

Education support

Company trip/team building

Qualifications

• 10+ years of experience in credit risk management, underwriting, and operations.
• Strong understanding of proprietary trading risks and credit risk principles.

Responsibilities

• Develop and implement credit policies for stockbroking and trading activities.
• Oversee end-to-end credit underwriting process.
• Monitor credit exposure and risk for proprietary trading activities.
• Lead and mentor a high-performing credit team.
• Ensure compliance with regulatory requirements.

Skills

Credit risk principles

Underwriting processes

Analytical skills

Decision-making skills

Education

Bachelor’s degree in Finance, Economics, Accounting or related field

Master’s degree (MBA) or certifications such as CFA, FRM, or PRM

Job description

We are seeking a motivated, committed, and qualified candidate to lead our Credit department at our multinational company. The candidate will be responsible for managing the credit function across stockbroking, derivative broking, and proprietary trading activities.

Key Responsibilities:

• Credit Strategy and Policy Development: Develop and implement credit policies, frameworks, and risk appetite specific to stockbroking, derivative broking, and proprietary trading activities.
• Credit Underwriting and Operations: Oversee the end-to-end credit underwriting process for stock, derivative, and proprietary trading portfolios, ensuring accurate and timely decision-making.
• Proprietary Trading Credit and Risk Monitoring: Oversee credit exposure and risk monitoring for the firm’s proprietary trading activities, ensuring alignment with approved limits and risk appetite.
• Credit Assessment and Approval: Evaluate and approve or recommend credit facilities for clients, including margin trading, derivative positions, and trading accounts, based on thorough analysis.
• Risk Monitoring and Control: Monitor ongoing credit exposure and trading positions across client and proprietary portfolios to ensure compliance with internal policies and regulatory requirements.
• Team Leadership and Development: Build, lead, and mentor a high-performing credit team with expertise in equity, derivatives, and proprietary trading.
• Compliance and Regulatory Oversight: Ensure adherence to regulatory requirements, including capital adequacy, margin requirements, exposure limits, and proprietary trading guidelines.
• Reporting and Analytics: Prepare and present periodic reports on credit exposure, underwriting performance, and operational metrics across all market segments, including proprietary trading.

Qualifications and Experience:

• Education: Bachelor’s degree in Finance, Economics, Accounting, or a related field. Master’s degree (MBA) or certifications such as CFA, FRM, or PRM are highly desirable.
• Experience: 10+ years of experience in credit risk management, underwriting, and operations within stockbroking, derivative broking, proprietary trading, or financial services firms.
• Skills: Deep understanding of credit risk principles, underwriting processes, and the unique risks of proprietary trading. Strong analytical and decision-making skills, with a focus on equity, derivatives, and proprietary trading risks.

We offer a range of benefits, including medical, miscellaneous allowance, education support, insurance, vision, company trip/team building, and more.