- Position : Credit Risk Manager (Unsecured SME Loans/Risk Analysis) - Chinatown
- Location : Chinatown
- Working hours : Monday - Friday 9:30am - 6:30pm
- Salary (commensurate with experience) : Up to $10,000 + Performance Bonus + 14 Days Annual Leave + Medical Benefits
- Duration : Permanent
- Industry : Banking/Finance/Loans
Main Responsibilities:
- Assess the creditworthiness of SMEs or Individuals in applying for loans or credit by analysing financial statements, credit reports, and other relevant data.
- Evaluate the potential risks associated with extending credit to customers or counterparties, considering factors such as their payment history, financial stability, industry trends, and economic conditions.
- Develop and implement credit risk policies and procedures to ensure consistent and effective risk management practices across the organization.
- Develop or utilize credit scoring models to quantify credit risk and make informed lending decisions.
- Monitor and manage the organization's credit portfolio, including identifying emerging risks, assessing portfolio performance, and implementing strategies to mitigate risk.
- Ensure compliance with relevant regulations and guidelines governing credit risk management, such as Basel III requirements or local regulatory standards.
- Communicate credit risk assessments and recommendations to senior management, stakeholders, and relevant departments within the organization.
- Make credit decisions, including approving or rejecting credit applications, setting credit limits, and negotiating terms and conditions of credit agreements.
Requirements:
- A bachelor's degree in finance, economics or accounting 8-10 years’ experience in credit risk analysis, underwriting, or portfolio management is often required, with increasingly responsible roles demonstrating a progression of skills and knowledge.
- Strong analytical skills are essential for evaluating financial data, assessing risk factors, and developing effective risk management strategies.
- Solid understanding of financial principles, including accounting, financial statement analysis, and credit risk metrics, is necessary for success in this role.
- Familiarity with credit risk management concepts, methodologies, and best practices is essential, along with an understanding of regulatory requirements and industry standards.
- Proficiency in relevant software tools and systems used for credit analysis, risk modeling, and portfolio management is often required.
- Bilingual in English and Mandarin to liaise with Chinese clients who can converse in Mandarin only.
Email to: [email protected] or call me at: 6398 5682 for more information.
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***We do not charge our candidates any referral fee nor bind them with any contract.***
Diana Okta Tio
Associate Consulting Director (APAC)
Reg no.: R2094678
EA No: 13C6684
