Director, Credit Department

Borr Drilling; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading company in the drilling sector is seeking a skilled Credit Analyst to enhance their financial decision-making processes. The role involves comprehensive credit assessments, portfolio management, and collaboration with various business units to mitigate risks and ensure effective credit operations. Candidates should possess a Bachelor's degree and extensive experience in corporate finance and credit analysis, demonstrating strong analytical and communication skills.

Qualifications

• 7-10 years’ experience in credit analysis / approval.
• Experience in corporate finance and credit risk management.
• Ability to prepare concise credit recommendations.

Responsibilities

• Review and assess credit applications independently.
• Conduct credit portfolio analysis and monitor exposures.
• Collaborate on credit risk guidelines and frameworks.

Skills

Credit analysis

Financial analysis

Due diligence

Communication skills

Organizing and planning skills

Education

Bachelor's degree

Job description

Job Responsibilities :

• To independently review and assess various types of credit applications, including private credit and any other similar types of business submitted by business units; preapre concise executive summary to seek approval from relevant authorities.
• To establish action plan for credits likely to deteriorate in order to minimize credit costs.
• To manage and maintain the accuracy of registration of credit monitoring system and client database, and to instruct business units to modify data if necessary.
• To conduct credit portfolio analysis in terms of countries, corporate groups, industry commodity / segments, currency risks, internal grading, type of financial product, etc. from time to time.
• To monitor and proactively control credit exposures for increased concern on concentration risks, in cooperation with other relevant teams / departments.To support development the credit risk taking guideline and framework including but not limited to grading methodology and portfolio management for the private credit business in collaboration with the relevant departments.
• To discuss direction of potential deals with business units following credit policy and credit risk appetite.
• Any other duties as may be assigned from time to time.
• No approval authority will be given initially, but will be considered in future depending on performance and experience.

Job Requirements :

• Bachelor's degree; with experience in corporate finance, financial analysis, credit risk management.
• 7-10 years’ experience in credit analysis / credit approval department in banking is essential. Credit analysis for structured credit and related business is highly preferred.
• Strong credit analysis and due diligence skills, and able to prepare clear and concise credit recommendations.
• Excellent organizing and planning skills. Team player attributes.
• Excellent communication skills (written and spoken)