Credit Risk Team Head (Banking / Financial Institution)

People Profilers Pte Ltd; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading company in Singapore is seeking an experienced Risk Manager to establish and oversee a comprehensive risk management framework. The successful candidate will lead initiatives across credit, operational, and market risks while ensuring compliance with regulatory standards and fostering a risk-aware culture throughout the organization.

Qualifications

• Minimum 8 years of experience in risk management, focusing on credit and liquidity risk.
• Proficient in stress testing and regulatory compliance frameworks.
• Strong leadership, capable of engaging stakeholders.

Responsibilities

• Establish and oversee the company's risk management framework.
• Monitor and assess risk exposure, implementing mitigation strategies.
• Lead risk management staff and cultivate a risk-aware culture.

Skills

Leadership

Communication

Analytical skills

Risk assessment methodologies

Education

Degree in Finance, Accounting, Risk Management, or equivalent

Job description

Roles & Responsibilities

Responsibilities

• Establish and oversee the company's risk management framework, ensuring effective policies and procedures are in place for credit risk, operational risk, technology risk, and asset-liability risk.
• Define and implement the organization's risk appetite framework, ensuring alignment with business objectives and regulatory standards.
• Monitor and assess risk exposure across various functions, identifying potential threats and implementing strategies to mitigate them.
• Take charge of credit risk management, working closely with the marketing team to refine lending guidelines, review stress test frameworks, and provide insights into credit portfolio performance.
• Oversee market and liquidity risk, including reviewing committee reports, performing stress tests on liquidity and interest rates, and updating contingency funding plans.
• Ensure strong operational and technology risk controls, conducting risk assessments, reviewing operational loss investigations, and supervising business continuity planning (BCP).
• Maintain compliance with MAS guidelines, ensuring risk policies meet industry standards and conducting regular updates.
• Lead and guide risk management staff, ensuring proper training and development to uphold high standards of risk governance.
• Act as a key representative in various risk committees and stakeholder meetings, providing critical risk insights and supporting strategic decision-making.
• Drive a risk-aware culture within the organization, embedding risk management best practices across all business units.

Requirements:

• Degree in Finance, Accounting, Risk Management, or equivalent.
• Minimum 8 years of experience in risk management, with a strong focus on credit risk and liquidity risk within a bank or financial institution.
• Proficient in risk assessment methodologies, stress testing, and regulatory compliance frameworks.
• Strong leadership, communication, and analytical skills, with the ability to engage with stakeholders and drive risk initiatives effectively.
• Adaptable and hands-on approach, capable of working in a dynamic and evolving environment.