Head of Credit

Phillip Capital Group; Kuala Lumpur; On-site; MYR 180,000 - 300,000; Full time

Benefits offered by this job

Medical

Education support

Insurance

Team building trip

Job summary

PhillipCapital Group in Malaysia seeks a seasoned Head of Credit to lead the credit function across stockbroking, derivative broking and proprietary trading. You will develop policies, frameworks and risk appetite, oversee underwriting, limit-setting, margin monitoring and daily credit operations while ensuring regulatory compliance and strong controls.

The ideal candidate has 10+ years in credit risk management, with proven leadership to grow a high-performing team.

Qualifications

• 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.
• 10+ years of experience in credit risk management, underwriting, and operations within stockbroking, derivative broking, proprietary trading, or financial services firms.

Responsibilities

• Develop and implement credit policies, frameworks, and risk appetite aligned with business goals and regulatory standards.
• Lead the credit underwriting process across client and proprietary trading portfolios, ensuring sound credit decisions and effective risk controls.
• Oversee daily credit operations, including account setup, trading limits, margin monitoring, and settlements.
• Monitor credit risk exposures and collaborate with trading teams to manage credit implications of proprietary strategies.
• Conduct stress-testing, scenario analysis, and regular reviews of credit and counterparty risk.
• Approve or recommend credit facilities and ensure due diligence on all credit proposals.
• Supervise the trade surveillance function to ensure timely detection and escalation of irregular trading behaviour and compliance with market conduct standards.
• Lead, mentor, and grow a high-performing credit team with expertise in equity and derivatives trading.
• Ensure compliance with internal policies and regulatory requirements, including capital adequacy and margin rules.
• Provide regular reporting and insights on credit exposures, performance, and risk trends using data analytics and risk tools.

Skills

Credit risk

Underwriting

Derivatives trading

Data analytics

Stakeholder communication

Education

Bachelor's in Finance/Economics/Accounting

MBA or CFA/FRM/PRM desirable

Tools

Derivatives modeling

Trading systems

Margin trading

Job description

PhillipCapital Group is a leading integrated financial institution headquartered in Singapore with a global presence in over 15 countries. In Malaysia, we are recognized for our strong reputation in capital markets, offering innovative financial solutions in broking, asset management, financial planning, and investment research.

We are seeking motivated, committed, 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. This includes ensuring effective risk assessment, underwriting, and operational efficiency while monitoring and mitigating credit risks. The role also encompasses overseeing credit and risk monitoring for the firm’s proprietary trading operations, balancing risk management with business growth and regulatory compliance.

Key Responsibilities:

Develop and implement credit policies, frameworks, and risk appetite aligned with business goals and regulatory standards.

Lead the credit underwriting process across client and proprietary trading portfolios, ensuring sound credit decisions and effective risk controls.

Oversee daily credit operations, including account setup, trading limits, margin monitoring, and settlements.

Monitor credit risk exposures and collaborate with trading teams to manage credit implications of proprietary strategies.

Conduct stress-testing, scenario analysis, and regular reviews of credit and counterparty risk.

Approve or recommend credit facilities and ensure due diligence on all credit proposals.

Supervise the trade surveillance function to ensure timely detection and escalation of irregular trading behaviour and compliance with market conduct standards.

Lead, mentor, and grow a high-performing credit team with expertise in equity and derivatives trading.

Ensure compliance with internal policies and regulatory requirements, including capital adequacy and margin rules.

Provide regular reporting and insights on credit exposures, performance, and risk trends using data analytics and risk tools.

Undertakes any assignments as and when instructed by the Board of Directors and Managing Director of PCSB.

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.

Proven track record of managing credit portfolios and implementing risk frameworks for client and proprietary trading activities.

Familiarity with margin trading, derivative credit risk, and market dynamics, including proprietary trading strategies.

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.

Excellent communication and interpersonal abilities for engaging with clients, regulators, and internal stakeholders.

Proficiency in credit risk management tools, derivatives modeling, and trading systems.

Proprietary Trading Expertise: Strong understanding of margin, counterparty risk, and credit monitoring for proprietary trading.

Operational Excellence: Expertise in credit underwriting and operational efficiency across equity, derivatives, and proprietary trading.

Risk Acumen: Ability to balance risk management with business growth objectives.

Regulatory Expertise: Comprehensive knowledge of stock, derivative, and proprietary trading regulations.

Phillip Capital is a group of companies which offers a full range of quality and innovative financial services to retail, corporate and institutional customers. We operate in the financial hubs of 15 countries, with offices in Singapore, United Kingdom, USA, France, China, Hong Kong, Thailand, Japan, Australia, Malaysia, Indonesia, Turkey, India, Dubai and Cambodia.

Phillip Capital is a group of companies which offers a full range of quality and innovative financial services to retail, corporate and institutional customers. We operate in the financial hubs of 15 countries, with offices in Singapore, United Kingdom, USA, France, China, Hong Kong, Thailand, Japan, Australia, Malaysia, Indonesia, Turkey, India, Dubai and Cambodia.

Perks and benefits Medical Miscellaneous allowance Education support Insurance, Vision, Company Trip/Team Building

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