Senior Credit Risk Manager (Banking / Financial Institution)

People Profilers Pte Ltd; Singapore; On-site; SGD 100,000 - 150,000; Full time

Job summary

A leading company in Singapore is seeking a senior risk manager to establish and oversee risk management frameworks and ensure compliance with regulatory standards. The ideal candidate will have substantial experience in credit and liquidity risk management, strong leadership qualities, and the ability to drive a risk-aware culture across the organization.

Qualifications

• Minimum 8 years of experience in risk management with a focus on credit and liquidity risk.
• Proficient in risk assessment methodologies and regulatory compliance frameworks.
• Strong leadership and stakeholder engagement skills.

Responsibilities

• Establish and oversee the company's risk management framework.
• Define and implement the organization's risk appetite framework.
• Monitor and assess risk exposure across various functions.

Skills

Leadership

Analytical Skills

Communication

Education

Degree in Finance, Accounting, Risk Management, or equivalent

Job description

Roles & Responsibilities

Responsibilities

• Establish and oversee the company's risk management framework, ensuring effective policies and procedures are in place for credit risk, operational risk, technology risk, and asset-liability risk.
• Define and implement the organization's risk appetite framework, ensuring alignment with business objectives and regulatory standards.
• Monitor and assess risk exposure across various functions, identifying potential threats and implementing strategies to mitigate them.
• Take charge of credit risk management, working closely with the marketing team to refine lending guidelines, review stress test frameworks, and provide insights into credit portfolio performance.
• Oversee market and liquidity risk, including reviewing committee reports, performing stress tests on liquidity and interest rates, and updating contingency funding plans.
• Ensure strong operational and technology risk controls, conducting risk assessments, reviewing operational loss investigations, and supervising business continuity planning (BCP).
• Maintain compliance with MAS guidelines, ensuring risk policies meet industry standards and conducting regular updates.
• Lead and guide risk management staff, ensuring proper training and development to uphold high standards of risk governance.
• Act as a key representative in various risk committees and stakeholder meetings, providing critical risk insights and supporting strategic decision-making.
• Drive a risk-aware culture within the organization, embedding risk management best practices across all business units.

Requirements:

• Degree in Finance, Accounting, Risk Management, or equivalent.
• Minimum 8 years of experience in risk management, with a strong focus on credit risk and liquidity risk within a bank or financial institution.
• Proficient in risk assessment methodologies, stress testing, and regulatory compliance frameworks.
• Strong leadership, communication, and analytical skills, with the ability to engage with stakeholders and drive risk initiatives effectively.
• Adaptable and hands-on approach, capable of working in a dynamic and evolving environment.