ED, Group Credit (Commercial)

1011 United Overseas Bank Ltd; Singapore; On-site; SGD 140,000 - 190,000; Full time

Job summary

UOB United Overseas Bank Limited in Singapore is seeking an experienced Senior Credit Risk professional to manage risk exposure and quality within Wholesale Banking. You will conduct independent credit reviews, ensure risk mitigations, and collaborate with regional teams to support timely approvals.

The role offers a challenging, client-focused environment and opportunities to influence underwriting standards.

Responsibilities

• Conduct independent credit review, assessment, evaluation and/or approval of credit proposals from Wholesale Banking portfolio.
• Identify material risks (credit, legal, regulatory, operational, ESG) and document mitigations.
• Provide oversight of rating process and approve ratings.
• Coordinate with regional credit teams to deliberate on issues for approvals.
• Monitor and report credit risk issues to CRO and senior management; support portfolio reviews and stress testing.

Job description

About UOB

UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices throughout the region.

Job Description

Managing Credit Risk Exposure and Risk Quality

• Conduct independent credit review, assessment, evaluation and/or approval of every credit proposal originating from the Group’s Wholesale (Commercial) Banking portfolio;
• For each credit proposal, ensure material risks (credit risk, legal risk, regulatory risk, operational risk, legal risk, ESG risk etc) that will impact the repayment ability of each borrower are identified and the appropriate mitigations are incorporated to manage these risks;
• Provides an independent oversight of the rating process, and approves all rating assignments and rating reviews.
• Facilitate timely credit approval and work closely with credit teams in Hong Kong, China, Malaysia, Thailand, Vietnam and Indonesia to deliberate over the credit issues in BU's proposals for approval.
• Monitors and reports credit risk issues to CRO, Senior Management and the relevant management committees; Collaborate with Country & Risk Management, Group Portfolio Management and the respective Business Units to cover portfolio reviews, stress tests and establishing underwriting parameters for new initiatives.
• Credit Approval Exercise the personal-to-holder Credit Discretionary Limit judiciously to approve credits across the Group, including UOB Singapore, overseas branches and overseas subsidiaries, guided by the Group’s credit policy and guidelines.

Additional Requirements

Develop, Engage, Execute, Strategise. Be a Part of the UOB Family.

Equality and Diversity

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications.

If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

Company Culture

We value our people and invest in them as we look to fulfil our purpose of building the future of ASEAN. We seek to create a collaborative and progressive environment for them to succeed in their careers for the long term.

About the Location

The role supports credit teams in Hong Kong, China, Malaysia, Thailand, Vietnam and Indonesia.