Credit Specialist

ABN AMRO Clearing Bank; Singapore; On-site; SGD 70,000 - 110,000; Full time

Job summary

ABN AMRO Clearing Bank in Singapore is seeking a motivated professional for the Network Management & Credit team. The role focuses on credit analysis and risk management within APAC, supporting the 1st Line of Defense and coordinating with Relationship Managers and regulatory stakeholders.

You will perform credit assessments, propose limits, and contribute to quarterly reviews, while maintaining data on APAC counterparties in Salesforce. Strong communication and analytical skills are essential.

Qualifications

• Bachelor’s degree in Economics, Finance, or Accounting.
• CFA/FRM qualification is an advantage.
• Proficiency in Word, Excel and PowerPoint.
• Excellent verbal and written communication skills.

Responsibilities

• Provide credit analysis and limit proposals for APAC clients.
• Organize Local Credit Committee meetings and approvals.
• Collect data from internal/external sources for credit assessments.
• Support regulatory, audit and risk reporting with insights.
• Maintain APAC Street-Side counterparty data in Salesforce.

Skills

Credit risk analysis

Stakeholder management

Analytical mindset

Education

Bachelor's degree in Economics/Finance/Accounting

CFA or FRM (advantage)

Tools

Excel

Word

PowerPoint

Job description

ABN AMRO Clearing Bank is a global leading provider of integrated solutions in clearing, execution, custody, financing and risk management.

ABN AMRO Clearing (AAC) Network Management & Credit team supports the Commercial teams in their first Line of Defence (1st LoD), in particular for the compliance and credit related risks for both clients and street-side counterparties. On the Credit part, the team is responsible for the implementation of actions that limit the lending exposure of an organization, through several ways such as implementing credit policies, performing credit analysis and reviews which help prevent poor lending decisions and protect the Bank. On the Network Management side, the team also manages relationships and the formal communication with street-side counterparties, as well as supports the global Network Management and regional management in providing regulatory delivery, street-side counterparty reviews, due diligence and ad-hoc projects/tasks/investigations etc.

The team sits within the Commercial function of AAC, operating across three offices globally (Netherlands, Singapore and the US) and working closely together with the other parts of the Commercial team (Sales, Relationship Management, Global Execution Services, Client Service Management, and Client Lifecycle Management).

We are looking for a motivated team member to join our Network Management & Credit team, with a primary focus on credit analysis and related credit risk activities. However, the incumbent will be expected to support network management activities as and when required, while developing a broader understanding of network management functions alongside their core credit responsibilities.

Key Duties and Responsibilities:

Credit Risk

• Provides credit analysis and limit proposals for all APAC clients. Analyses and formulates credit proposals and controls, identifying potential credit risks for sound decision-making, ensuring that risks are within the limits and risk policy of AAC.
• Organizes Local Credit Committee, including scheduling of meeting times and ensuring quorum for decisions is met at meeting. Obtaining necessary approvals afterwards based on documented credit approval process.
• Collects information from internal and external sources for performance of credit assessment. These include - but are not limited to – Relationship Management/Clients, Market Risk Management, Finance and public news sources etc.
• Collaborates with Relationship Managers and relevant teams to ensure periodic reviews of credit clients.
• Provides management reporting to local, regional and global management and other internal stakeholders on credit reviews.
• Providing ad hoc inputs to regulators, auditors, compliance and legal on where credit risk of clients are involved.
• Assessing, proposing and tracking the Definition of Default (“DoD”) Classification for all AAC clients in APAC. This also includes proposing mitigating factors to restore any client to non-default state.
• Advises in the development and improvement of risk assessment and management. Elaborates best practices and stimulates the use of them within AAC.

Network Management

To support the team in the following:

• Conduct Due diligence review on APAC Street-Side counterparties on a regular basis, including but not limited to SAC (Street-side Acceptance Committee) submissions or KYC requirement etc, ensuring that the potential risks are identified and within our risk appetite.
• Work with Legal, Operations and Market Risk etc to negotiate and review the agreement with AP (Authorized Participant) counterparties for new ETF on-boarding.
• Manage relationship and communications with Street-Side counterparties, maintaining service level to ensure high quality, trustworthy and competitively priced service.
• Support APAC Commercials and Regional Management in:-

-New Street-Side relationship set-up and obtaining necessary approvals;

-Event-driven/ad-hoc review on existing counterparties;

-Update on market developments of Street-Side and industry bodies when required.

• Own and maintain the APAC Street-Side counterparties data via Salesforce.

Required Knowledge and Experience:

Required level and content of education

• Bachelors’ Degree in a related field – Economics/Finance/Accounting
• Related financial qualifications are an advantage (e.g. CFA, FRM)
• Proficiency in Microsoft Word, Excel and PowerPoint
• Excellent verbal and written communication skills.

Required employment experience

• 1-3 years’ experience in finance, credit risk management or a similar role preferably within banking/finance industry.
• Strong understanding of financial statements, credit reports and relevant industry regulations.
• Efficient and clear stakeholder management skills.
• Detail-oriented and analytical mindset with the ability to make informed decisions.
• Strong problem-solving skills and the ability to think critically and strategically.
• Ability to manage multiple tasks and prioritize effectively in a fast-paced environment.