Private Credit Analyst (Funds)

Focal Search Pte Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Singapore is searching for a Private Credit Analyst to evaluate credit offers and conduct due diligence for onboarding counterparties. The candidate should have over two years of experience in credit analysis within banking and a degree in finance or accounting. Proficient communication in Chinese and English is required as the role involves liaising with Chinese counterparts. This position offers opportunities for professional growth and a chance to work with a skilled team.

Qualifications

• 2+ years of experience analyzing credit in a banking setting.
• Familiarity with credit facilities offered by private banks.
• Good understanding of private banking services, credit procedures, and credit policy.

Responsibilities

• Evaluate credit offers in the Private Banking Department.
• Conduct due diligence investigations for onboarding counterparties.
• Monitor and assess the loan portfolio on a daily basis.

Skills

Credit analysis

Interpersonal skills

Teamwork

Bilingual (Chinese and English)

Education

Degree in accounting, finance, or related field

Job description

About the job Private Credit Analyst (Funds)

• Evaluation and scrutiny of the Private Banking Department's credit offers. Lombard Loans, Premium Financing, Real Estate Financing, and so on are examples of credit facilities. Recommend a credit facility to the authorised approver and, if applicable, suggest appropriate risk mitigation or credit restrictions. Verify that credit applications adhere to the risk tolerance and credit policy of the bank.
• Conduct due diligence investigations for the onboarding of counterparties, such as trading counterparties, fund managers, and insurance providers.Examine and assess financial products such as mutual funds and insurance for onboarding.
• Examine and enhance credit policies and practices, making necessary modifications to margin ratios for different financial instruments among other things. help identify and reduce risks associated with new company initiatives.
• Monitor and assess the loan portfolio on a daily basis (stress testing, collateral deficit monitoring, etc.). To guarantee strong portfolio quality, identify and assess possible risk problems and suggest/implement mitigating measures.
• Fulfill any additional duties or assignments that the management has given you.

Requirements of the Job:

• A degree from an accredited university, or higher, in accounting, finance, or similar fields.
• More than two years of expertise analysing credit in a banking setting, including familiarity with and exposure to credit facilities offered by private banks.
• Strong familiarity with and comprehension of private banking services, credit procedures, and credit analysis and policy.
• Working familiarity with a range of financial instruments, including real estate, mutual funds, equities, bonds, and structured goods
• Good interpersonal and teamwork abilities.
• Being proficient in both Chinese and English is necessary because the incumbent will be communicating with Chinese counterparts at Head Office.