Credit Risk Manager (Unsecured SME Loans / Personal Lending / Approval Authority)

EA RECRUITMENT PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A well-established financial organization in Chinatown is seeking a Credit Risk Analyst to assess creditworthiness, evaluate risks, and develop credit policies. The ideal candidate will have 5 years of experience in credit risk analysis. This role offers a competitive salary of $6000 - $8000 plus variable bonuses and excellent benefits. Apply now if you have a relevant diploma or degree and a passion for finance.

Benefits

Variable Bonus

Excellent Welfare and Benefits

Career progression

Qualifications

• 5 years of relevant working experience in credit risk analysis or underwriting.

Responsibilities

• Assess the creditworthiness of SMEs or Individuals applying for loans.
• Evaluate risks associated with extending credit.
• Develop credit risk policies and procedures.
• Monitor and manage the organization’s credit portfolio.
• Ensure compliance with relevant regulations.

Skills

Credit risk analysis

Financial analysis

Regulatory compliance

Communication skills

Education

Diploma / Degree in Business Studies, Finance, Banking, Economics, or Commerce

Job description

• Well Established Company
• Basic $6000 - $8000 + Variable Bonus
• Excellent Welfare and Benefits + Career progression
• Working location: Chinatown
• Working days: Monday - Friday (5 days)
• Working hours: 9.30am - 6.30pm

Key Responsibilities

• Assess the creditworthiness of SMEs or Individuals in applying for loans or credit by analysing financial statements, credit reports, and other relevant data.
• Evaluate the potential risks associated with extending credit to customers or counterparties, considering factors such as their payment history, financial stability, industry trends, and economic conditions.
• Develop and implement credit risk policies and procedures to ensure consistent and effective risk management practices across the organization.
• Develop or utilize credit scoring models to quantify credit risk and make informed lending decisions.
• Monitor and manage the organization’s credit portfolio, including identifying emerging risks, assessing portfolio performance, and implementing strategies to mitigate risk.
• Ensure compliance with relevant regulations and guidelines governing credit risk management, such as Basel III requirements or local regulatory standards.
• Communicate credit risk assessments and recommendations to senior management, stakeholders, and relevant departments within the organization.
• Make credit decisions, including approving or rejecting credit applications, setting credit limits, and negotiating terms and conditions of credit agreements.
• Other ad hoc duties as assigned.

Requirements

• Diploma / Degree in Business Studies, Finance, Banking, Economics Commerce, or any other relevant education
• 5 years of relevant working experience in credit risk analysis / underwriting

Candidates are encouraged to apply this position via Apply Now button with the following information in the resume

• Work experiences and job responsibilities
• Current and Expected salary
• Reason for leaving
• Date of availability
• Education background

We regret that only shortlisted candidates will be contacted.

NG JYA YEE (R23119014)
EA Recruitment Pte Ltd
EA License No: 21C0492