Economics jobs in Singapore

• Role: VP, Portfolio Management, Aviation Finance (Credit analysis/Credit risk)
• Type: Permanent

Job Description:

About our client:Our client is the fifth-largest global bank by assets, with 2400 locations in over 50 markets. Our client has approximately 360 years of history. Its global network has over 180,000 employees. It was ranked as the fourth largest in the world

Role Objective:

• This role is responsible for the risk management of an assigned portfolio of transactions and the monitoring of credit and transaction-related risks.
• The transactions are originated by the origination team and may be on a bilateral, club or syndication basis.

Job Responsibilities:

Strategic

• To prepare credit reviews, credit applications, waiver requests, and borrower ratings, which include recommendations, within due dates, in accordance with the Bank’s internal guidelines and credit appetite. When producing the review or application, sound credit analysis, sensitivity analysis on financial models (to ensure it remains accurate and relevant), and examination of the key points and concerns will have to be clearly articulated so the credit offices can understand the key points.
• To undertake appropriate identification of early warning indicators, risks, issues, close monitoring of and reporting on the status of the borrower and underlying project conditions, including escalating to appropriate departments where applicable. To prepare and host monthly Close Watch meetings.
• Actively managing the overall risk profile of the borrower, effective obligor, or transaction and recommending changes where necessary to mitigate risks.
• To prepare borrower ratings and cash flow projections in rating reviews.
• To play an active supporting role in refinancing and potential work-out transactions, where required.
• To actively support the negotiation of waiver terms and amendment documents, where required.
• To co-work on secondary loan transfers and loan participation, where required.
• To prepare regular reports, including but not limited to credit conditions and instructions, action plans, stress tests, sector monitoring reports, Asset Evaluation Sheet, and presentations to management or the credit committee.
• To prepare ad-hoc reports related to the portfolio that has a financial impact to the Bank, or as requested by Management/Head Office or Regulators.
• Coordinate and prepare for internal and external audits or regulatory inspections.
• Support the Team Leader and HOD in the Team’s operations, administration duties, organizing events, as well as to provide back-up support for other team members, when required, as well as to participate in ad-hoc projects under the Bank’s initiatives.
• Adhere to all company policies as well as guidelines, including supporting KYC and compliance requirements.
• Support in maintaining, developing and updating local credit policies to ensure alignment with all relevant regulations.
• To identify industry, economic and sector trends and developments that can impact the portfolio.
• To represent the Global Aviation Finance Office (GAFO) on interactions with and reporting matters to branches and local regulators.
• Support the delivery of timely process improvement initiatives for the Team.
• To support the team for credit assessment and onboarding of new clients and recommend an appropriate Borrower Rating for the client

Customer

• Deliver a high quality of service to internal and external stakeholders to enhance the Bank's reputation and to meet customers' expectations.
• Liaise and collaborate with customers, agents, external consultants, auditors, regulators and others to ensure that the Team may perform its functions in an appropriate and timely manner.
• To work in partnership with and liaise with origination/structuring teams, relationship managers/sector coverage, credit teams, middle offices, overseas/regional branches, subsidiaries, affiliates and other departments to support the Teams’ responsibilities and matters relating to transactions under the portfolio.

People

• To guide fellow team members on internal policies, procedures and knowledge sharing. To mentor junior members of the team.
• To liaise with various departments and work together with GAFO as a global aviation team.

Other/ Control

• To comply with relevant MAS regulations and group policies.

Job Requirements:

• Professional qualifications such as CFA or FRM would be an advantage.
• Minimum of 6 years’ experience incredit analysis or credit risk (in similar Structured Products financing or Corporate Banking).
• Experience inreviewing and preparing credit application recommendations, waiver requests, reviews of credit controls and legal documentation.
• Strong organisation skills and attention to detail and accuracy.
• Strong communication, presentation and writing skills.
• Proactive, resourceful and a good team player, with the ability to build rapport with internal and external parties.
• Good understanding of banking products and their risks.
• Strong understanding of credit risk, financial analysis, critical and data analysis, impact sensitivity studies, and financial modelling.
• Familiarity with financing documentation and legal considerations.
• In-depth sector knowledge in aviation financing would be an advantage.
• Strong technical skills with a strategic mindset and strong business acumen.

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