Credit Risk Analyst

QNB Group; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading financial institution is seeking an experienced professional for the role of Credit Risk Manager. You will assist in managing credit approvals and assessments, ensuring compliance with established policies and contribute to the Group’s risk strategy. Ideal candidates will possess a degree in finance or related fields, along with significant banking experience, particularly in risk management.

Qualifications

• University graduate preferably in Finance, Banking, Economics, Mathematics, or Business Administration.
• Minimum 8 years’ experience in a major bank with at least 2 years in supervisory capacity.
• Professional credit risk certification preferred.

Responsibilities

• Assist management in credit approval processes for corporate clients.
• Perform credit assessments and provide approvals within delegated authority.
• Ensure compliance with credit risk policies and QCB regulations.

Skills

Credit Risk Assessment

Policy Compliance

Risk Management

Education

Bachelor’s degree in Finance

Masters preferred

Professional certification (PRM, CPA, CFA)

Job description

The incumbent will be responsible for assisting the management of the process of credit approval on individual credit facility proposals for Corporate, forwarded to them by the appropriate departments/ units. The incumbent will assess the quality of the credit exposure sought to be undertaken and adherence to established policies and procedures. The incumbent will constantly research and seek to apply best practices in credit risk, in accordance with Basel II and other relevant guidelines.

Shareholder & Financial:

• Perform activities within the assigned Credit Risk Strategy that reflects the Group’s tolerance for risk and the level of profitability the Group expects to achieve for incurring various credit risks.
• Ensure the use of a standardized process for evaluating credit proposals ensuring that all approved credits are within QNB’s Credit Risk Strategy.
• Demonstrate clear understanding of the important factors behind the bank's financial & non-financial performance.

Internal (Processes, Products, Regulatory):

• Perform credit assessments, and provide credit approvals within the authority delegated to the incumbent.
• Ensure compliance with established/ approved credit risk policies and procedures and ensure that a sound environment for identifying, measuring, monitoring and controlling credit risk is in place.
• Check coordination with business unit Relationship Managers for the timely receipt of customer documents/ other information required to evaluate the credit worthiness of the proposed borrowers.
• Based on the assessment, recommend extending or declining the facility request or asking for additional security/ further structuring of the deal/ facility to safeguard the Group’s interests.
• Ensure that all credit approvals meet overall policy guidelines and QCB regulations and to stipulate terms and conditions to mitigate the credit risk borne/ faced by the Group.

Learning & Knowledge:

• Possess an understanding of business processes and controls in all related credit/ operational areas.
• Maintain an understanding of all pertinent regulations as well as best practices pertaining to the overall credit operations.
• Support in risk management training across all business areas within the Group.

Education/Experience Requirements:

• University graduate (Bachelor’s degree) preferably with a Major in Finance, Banking, Economics, Mathematics, or Business Administration (related field of study), Masters preferred.
• Professional certification such as PRM, CPA, CFA is preferred.
• Minimum of 8 years’ experience in a major bank of which at least 2 years in bank in a supervisory capacity in risk function.