Head of Risk Management

HUA NAN COMMERCIAL BANK, LTD.; Singapore; On-site; SGD 120,000 - 170,000; Full time

Job summary

Hua Nan Commercial Bank, Ltd. in Singapore is seeking an experienced risk management leader to supervise a team, oversee credit risk reviews and ensure compliance with local regulations and headquarters requirements.

You will conduct due diligence for credit and bond applications, draft operating procedures in English and Chinese, and coordinate with the head office to maintain loan quality across branches.

Qualifications

• Eight+ years banking experience with international exposure.
• Experience drafting policies and SOPs.
• Proficient in English and Mandarin (written and spoken).
• Knowledge of Singapore banking regulations and Taiwan HQ requirements.
• Strong communication and leadership abilities.
• Ability to train and mentor team members.
• Experience with credit reviews and due diligence for loans and bonds.

Responsibilities

• Supervise team to execute risk management projects and implement internal controls.
• Review credit memo information for accuracy and compliance with local laws and HQ requirements.
• Conduct due diligence for all credit and bond applications (Chinese and English).
• Plan and direct risk management reviews of loan disbursement and post-loan management; flag doubtful borrowers.
• Prepare and update risk management SOPs in English and Chinese; ensure alignment with HQ/Taiwan.
• Liaise with HQ in Taiwan on queries and risk issues.
• Conduct background checks and KYC for loan applications.
• Prepare credit risk reports and propose remedial actions for credibility changes.
• Perform independent risk analysis and review syndicate terms before commitment.

Skills

Risk management

Credit risk

Regulatory compliance

Team leadership

English & Mandarin

Policy writing

SOP development

Education

Bachelor’s or Master’s in related field

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Job description

Job Responsibilities:

1. Supervise team to execute various risk management projects, review of operations and implement internal control in compliance with local laws and HQ requirements.
2. Review credit memo information prepared by Risk Management team to ensure that all required information is complete, accurate and in compliance with local laws and HQ requirements.
3. Review and conduct due diligence for all credit and bond applications (both in Chinese and English) before submitting to Branch Manager, HQ or Board of Directors for approval.
4. Plan and direct the risk management team to conduct regular credit review of loan disbursement, bonds, and post-loan management of Branches. Ensure all information and documentation (both in English and Chinese) are accurate. When there are doubtful borrowers, to highlight and issue warnings, in order to ensure quality of loans in Branches.
5. Prepare, review and regular update of risk management operating procedures (both in English and Chinese), in compliance with local and HQ/Taiwan requirements.
6. Liaise and communicate with HQ in Taiwan on queries and various risk management issues.
7. Conduct background check and KYC of customers before submitting loan applications for approval.
8. Prepare credit risk report for any changes in credibility of borrowers or guarantor and propose remedial action.
9. Perform due diligence including independent credit risk analysis and review of syndicate terms before committing to the syndication.

Requirements:

• Familiarity with the credit and risk management laws, regulations, and internal policies applicable in Singapore and at Head Office in Taiwan.
• Good understanding of the Bank’s organisational structure and strong communication skills.
• A recognised bachelor’s or master’s degree in Economics, Business, Banking and Finance, Treasury Management, or a related discipline.
• At least eight years of experience in the banking industry, with a proven track record in international banking, risk management, or loan-related functions.
• Prior experience in drafting and implementing policies and standard operating procedures (SOPs).
• Strong written and spoken English and Mandarin Chinese, with the ability to prepare emails and periodic reports in English and Traditional Chinese for overseas branches and Head Office in Taiwan. This role covers East Asian and US markets.
• Proficiency in Microsoft Word, Excel, and PowerPoint.
• Strong business acumen and management skills, with the ability to motivate the team.
• Ability to provide on-the-job training and technical support to team members, and to improve the team’s overall performance.