Lombard Credit Officer

SCB-JULIUS BAER (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 65,000 - 95,000; Full time

Job summary

Julius Baer (Singapore) PTE. Ltd. is seeking a Lombard Credit Officer to join the Private Banking Credit Risk team in Singapore.

You will analyze and underwrite Lombard credit proposals, monitor daily excesses, and ensure documentation and risk standards align with policies, collaborating with Front Office. You will work closely with Front Office, Legal, IT Ops, and Compliance to deliver client-centric Lombard solutions, review risk and stress tests, and help maintain strong risk controls while

Qualifications

• 3–5 years banking experience, preferably in Private Banking Credit Risk.
• Knowledge of Lombard credit, PB investment products and insurance financing.
• Understanding of end-to-end credit processes.
• Ability to take quick, independent credit decisions and work under pressure.

Responsibilities

• Manage a portfolio of accounts with end-to-end credit processes, monitoring, exceptions handling and documentation checks.
• Underwrite and approve Lombard and insurance loans/overdrafts and related guarantees.
• Review monthly risk reports and escalate high-risk accounts with Front Office.
• Collaborate with Front Office, Legal, IT Ops, Compliance to ensure compliant client solutions.
• Engage external counsel for Lombard documentation when needed.
• Contribute to process improvements in credit risk management.

Skills

Analytical thinking

Detail-oriented

Team collaboration

Effective communication

Problem solving

Job description

At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let’s shape the future of wealth management together.

As a Lombard Credit Officer, you are responsible for the analysis and underwriting of Lombard credit proposals/approvals. This includes monitoring of daily excesses, handling of exception requests/transactions and ensuring that proper risk standards and documentations are implemented in line with policies.

You will work closely together with Front Office to assess the risk associated with the request/transaction and deliver sound Lombard solutions. The role combines risk oversight with operational excellence, requiring close collaboration within Credit Asia, Front Office and other stakeholders.

YOUR CHALLENGE

Core Responsibilities

• Manage a portfolio of accounts covering end-to-end processes including monitoring, exceptions handling, and credit documentation checks
• Evaluate and underwrite/approve credit applications for Lombard and Insurance loans/overdrafts, issuance of guarantee, margin trading in foreign exchange, exchange traded and OTC within delegated credit approval authority for new/increased and annual reviews in a timely manner
• Review/assess portfolio in monthly risk reports, quarterly stress test and adhoc reports to identify high risk accounts and elevate for discussions with Front Office on risk mitigants to minimise credit loss
• Maintain a close partnership with Front Office, Legal, IT Ops, Compliance and other support functions to facilitate client-centric solutions while ensuring compliance with group risk appetite, credit policies and guidelines
• Collaborate with legal and external counsel to engage/review legal opinion related to Lombard credit transactions/non-standard documentation
• Contribute to the improvement of processes, procedures, and systems to enhance efficiency and credit risk management

Regulatory Responsibilities &/OR Risk Management

• Demonstration of appropriate values and behaviours including but not limited to standard on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations

YOUR PROFILE

Personal and Social

• Strong analytical mindset with the attention to detail and structured problem-solving skills
• Sound judgement and initiative
• Enthusiastic collaborator and team player with a positive attitude
• Proactive, hands-on and solutions oriented
• Meticulous and able to handle transactions from start to end
• Effective workload prioritization, able to work with minimal supervision and meet tight deadlines
• Team player who builds strong and positive relationships with colleagues and various stakeholders
• Excellent communications and stakeholder management skills

Professional and Technical

• At least 3-5 years banking experience preferably in Private Banking Credit Risk environment
• Sound understanding of the private banking business including Lombard credit, PB investment products and insurance financing etc.
• Good knowledge of end to end credit processes
• Ability to take quick, independent credit decisions and work under pressure