Vice President, Credit Department

Sumitomo Mitsui Banking Corporation; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A leading financial institution in Singapore seeks a Credit Analyst to evaluate credit applications, manage credit portfolios, and analyze exposures. The ideal candidate should possess a Bachelor's degree and relevant experience in credit analysis, demonstrating strong analytical and communication skills. This role offers the chance to progress and develop within a dynamic financial environment.

Qualifications

• Bachelor's degree; qualifications in corporate finance, financial analysis, credit risk management.
• Experience in credit analysis / credit approval department of financial institutions.
• Strong credit analysis and due diligence skills.

Responsibilities

• Independently review and assess credit applications and make executive summaries.
• Establish action plans for credits likely to deteriorate.
• Conduct credit portfolio analysis based on various factors.

Skills

Credit analysis

Due diligence

Organizing and planning

Communication

Team player

Education

Bachelor's degree in corporate finance

Qualifications in financial analysis

Credit risk management

Job description

• To independently and neutrally review and assess several types of credit applications submitted from business units; and to make concise but adequate executive summary to seek approval from relevant authorities.
• To establish an adequate action plan for credits likely to deteriorate to minimize credit costs.
• To manage and maintain the accuracy of registration of credit monitoring system and client database, and to instruct business units to modify data if necessary.
• To conduct credit portfolio analysis in terms of countries, corporate groups, industry commodity / segments, currency risks, internal grading, type of financial product, etc. from time to time.
• To monitor and proactively control credit exposures under large scale companies and/or certain sectors for increased concern on concentration risks, in cooperation with other relevant teams / departments.
• To discuss direction of potential deals with business units following head office's credit policy and credit appetite.
• Any other duties as may be assigned from time to time.
• Tonote, no approval authority is given initially, but will be considered in future depending on performance and experiences

Requirement

• Bachelor's degree; qualifications in corporate finance, financial analysis, credit risk management.
• Experience in credit analysis / credit approval department of financial institutions, rating agencies, etc.
• Strong credit analysis and due diligence skills. Ability to prepare clear and concise credit recommendations.
• Excellent organising and planning skills. Team player attributes.
• Excellent communication skills.