Financial Institution Credit Risk Management

OVERSEA-CHINESE BANKING CORPORATION LIMITED; Singapore; On-site; SGD 120,000 - 150,000; Full time

Job summary

A prominent financial institution in Singapore seeks a Primary Credit Approving Officer to manage risk for regional and global accounts. The ideal candidate will have over 15 years of experience and strong analytical skills in credit analysis and loan structures. This role requires excellent communication skills and the ability to work in a fast-paced environment.

Qualifications

• Minimum of 15 years of relevant credit experience with a focus on Sovereigns/Banks/NBFIs.
• Strong knowledge of credit analysis, loan structures, and treasury products.
• Excellent written and interpersonal communication skills.

Responsibilities

• Be the Primary Credit Approving Officer responsible for risk management.
• Assess appropriate credit limits during credit propositions.
• Review annual review papers prepared by Credit Analysts.

Skills

Credit analysis

Analytical skills

Negotiation

Team collaboration

Education

Good degree from a recognized university

Job description

Responsibilities

• Be the Primary Credit Approving Officer responsible for pro-active risk management of regional and global accounts comprising Sovereigns/Banks/Non-bank Financial Institutions (NBFIs) and Non-relationship Corporates.
• Assess appropriate credit limits during credit propositions, annual renewals and transactional requests submitted by Business Units (BUs) in a timely manner. BUs include Global Financial Institutions, Global Trade Finance and Global Markets.
• Review annual review papers prepared by the Credit Analysts, provide constructive comments to enhance the credit submissions (including recommending credit underwriting standards for new client segments where necessary) and present justification/rationale to approvers.
• Pro-active management of credit portfolio amid evolving changes in market dynamics and escalate credit concerns/issues to management in a timely manner.
• Be well-versed with the Bank’s credit policies and procedures and their changes and recommend credit policy changes, as required. Participate in the development of risk management standards/governance, procedures, processes and initiatives where required.
• Perform regular regulatory stress-test on portfolios under credit coverage and ad-hoc portfolio reviews/stress tests where required.
• Ensure new transactions and credit renewals meet OCBC’s risk acceptance criteria, risk policies and procedures, as well as regulatory requirements.
• Guide and supervise Credit Analysts in Non-relationship Corporates.
• Strong participation in business initiatives and provide solutions.
• Strong collaboration with stakeholders including Counterparty Credit Risk team and Business Units (such as Global Financial Institutions, Global Markets, Global Trade Finance) in structuring credit facilities that mitigate the credit risks inherent in derivatives portfolio.
• Respond quickly and professionally to requests from Global Markets on limit excess during pre-deal credit limit checks.
• Negotiate credit terms in loan agreements, ISDA/CSA, GMRA and GMSLA.

Qualifications

• Candidate should minimally possess a good degree from a recognized university.
• At least 15 years of relevant credit experience with focus on Sovereigns/Banks/NBFIs. Experience to hedge funds is an advantage.
• Strong knowledge of and experience in credit analysis, loan structures and treasury products.
• Strong analytical skills with extensive experience in analyzing financial statements.
• Strong team player who demonstrates ability to adapt and work in a team in a fast-paced environment.
• Ability to express opinions, lead discussions with BUs and provide solutions to challenging credits and new businesses.
• Knowledge in loan documentation, ISDA/CSA, GMRA, GMSLA is preferred.
• Excellent written and interpersonal communication skills.