Risk Officer (Credit Risk and KYC)

REERACOEN SINGAPORE PTE. LTD.; Singapore; On-site; SGD 70,000 - 110,000; Full time

Benefits offered by this job

Variable Bonus (Subject to Company and

Individual Performance

Annual Leave 14 days, increasing to 18

Medical Leave

Comprehensive Medical Insurance

Job summary

REERACOEN SINGAPORE PTE. LTD. is seeking a Risk Officer to support credit risk monitoring, KYC reviews, and risk reporting for the branch in Singapore. You will coordinate with Head Office and assist in governance matters, including committee secretariat duties.

The role requires a Diploma or Bachelor’s in a finance-related field, at least 2 years of relevant experience, and strong Excel/PowerPoint skills to prepare clear management information and regulatory reports.

Qualifications

• Diploma or Bachelor's Degree in Finance, Banking, Accounting, Business Administration, Economics, or a related discipline.
• At least 2 years of relevant experience in banking, financial services, risk management, credit analysis, KYC/AML, audit, or related functions.
• Proficiency in Microsoft Excel and PowerPoint for reporting and presentations.

Responsibilities

• Credit Risk Monitoring and Portfolio Management: monitor the Branch's credit portfolio and identify emerging credit risks.
• KYC and Customer Due Diligence Review: review KYC documentation and perform risk-based assessments.
• Management Reporting and Head Office Liaison: prepare risk reports and act as secretary to the Branch Credit Risk Committee.
• Risk Analysis and Reporting: support portfolio monitoring tools, stress testing, and risk metric reporting.
• Other Responsibilities: support ad hoc initiatives and process improvements as directed.

Skills

Strong analytical skills

Communication skills

Coordination abilities

Education

Diploma or Bachelor's Degree in Finance, Banking, Business Administration, Economics

Tools

Microsoft Excel

PowerPoint

Job description

Risk Officer (Credit Risk and KYC) (37994)
Location: Raffles Place

Our client is a bank operating in Singapore and is seeking a Risk Officer to support the Branch's risk management and governance functions. The role covers credit risk monitoring, portfolio analysis, KYC reviews, management reporting, and coordination with Head Office.

Responsibilities

1. Credit Risk Monitoring and Portfolio Management
   • Monitor the Branch's credit portfolio and identify emerging credit risks.
   • Conduct portfolio analysis and prepare periodic credit risk reports.
   • Perform annual credit reviews, credit grading assessments, and covenant management activities.
   • Monitor covenant compliance and support follow-up actions, including waiver requests and breach management.
   • Support the monitoring and ongoing administration of project finance and other lending transactions.
   • Conduct stress testing and scenario analysis to assess portfolio resilience.
   • Assist Branch Management in monitoring asset quality and portfolio concentration risks.
2. KYC and Customer Due Diligence Review
   • Review KYC and customer due diligence documentation prepared by business units.
   • Conduct independent verification and risk-based assessments of customer profiles.
   • Identify potential AML/CFT concerns and escalation where applicable.
   • Support periodic KYC reviews and customer onboarding processes.
   • Coordinate with the Compliance Manager on KYC-related matters.
   • Act as a checker for KYC reviews, with final approval and oversight provided by the Compliance Manager.
3. Management Reporting and Head Office Liaison
   • Prepare risk management reports for Branch Management, Head Office, and regulatory authorities.
   • Act as secretary to the Branch Credit Risk Committee, including preparing meeting materials and recording meeting minutes.
   • Coordinate and respond to information requests from Head Office and relevant stakeholders.
   • Support information gathering, analysis documentation, and coordination with Head Office in relation to project finance and other credit transactions.
4. Risk Analysis and Reporting
   • Support the maintenance and enhancement of portfolio monitoring tools and risk metrics.
   • Conduct stress testing and scenario analysis, and prepare related reports.
   • Analyse portfolio trends and provide management information to support business and risk-related decision-making.
5. Other Responsibilities
   • Perform other duties, projects, or assignments as directed by the General Manager and Risk Manager.
   • Support ad hoc initiatives, management projects, and process improvement activities as required.

What you will receive

• Variable Bonus (Subject to Company and Individual Performance)
• Annual Leave: 14 days, increasing up to 18 days
• Medical Leave
• Comprehensive Medical Insurance Coverage

Requirements & Preferences

• Diploma or Bachelor's Degree in Finance, Banking, Accounting, Business Administration, Economics, or a related discipline.
• At least 2 years of relevant experience in banking, financial services, risk management, credit analysis, KYC/AML, audit, or related functions.
• Basic understanding of corporate lending, credit risk, and financial statement analysis.
• Proficiency in Microsoft Excel and PowerPoint, with the ability to prepare reports and presentations.
• (Advantageous)
• Ability to manage multiple responsibilities and priorities effectively.
• Strong analytical, communication, and coordination skills.

We regret that only shortlisted candidates will be notified.