PFS Risk Head

United Overseas Bank (Vietnam) Limited (UOB); Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

A leading bank in Asia seeks a PFS Risk Head to lead the management of the retail bank's portfolio exposure. This senior management role involves overseeing a team of risk analysts, developing credit policies, and ensuring compliance with financial goals and regulations. The successful candidate will drive initiatives to optimize credit performance while managing risks across various retail formats.

Responsibilities

• Lead and develop a team of risk analysts.
• Manage risk financial forecasting efforts and credit loss models.
• Track and report on initiatives and performance results.

Job description

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, Thailand and Vietnam, 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.

About the Department

We design and provide products and services that empower our customers to enjoy greater banking convenience while they extract more value from their money. In particular, we are focused on promoting and developing healthy saving and investment practices across generations.

Job Description

The PFS Risk Head is a senior management-level position responsible for accomplishing results through the management of a team or department to monitor the retail bank portfolio (Secured and Unsecured Assets) and to identify opportunities to enhance credit performance of the retail bank portfolio. The overall objective of this role is to lead the management of the retail bank's portfolio exposure to client effectively.

Responsibilities:

• Lead and develop a team of risk analysts and manage complex/critical/large professional disciplinary areas

• Lead risk financial forecasting efforts, including designing and maintaining complex credit loss and financial risk forecasting models, conducting cost of credit analyses, and monitoring product trends to identify key areas of risk-opportunity

• Develop, test, optimize and implement credit/valuation policies

• Manage risk levels for the entire credit/valuation spectrum across multiple products and retail formats consistent with program financial goals

• Track and report on initiatives, performance results, emerging trends and opportunities to senior management

• Establish cross-functional partnerships and networks to support the execute cross- functional and business initiatives

• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

• This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.