Credit Risk Manager

Bank of Singapore opens doors to new opportunities.

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

What you do:

• Review credit proposals for structured credits, life insurance financing, real estate financing, margin credit, capital market products for PB clients in accordance with Credit Policy in an accurate and efficient manner;
• Assess the risks and justifications, follow through the credit approval cycle in credit applications
• Provide appropriate credit judgement (initial, modification and reviews) for business requests while observing compliance with established policies and standards;
• Work with Market Risk Management for collateral & margin exceptions. Must be able to identify the risks and provide justifications for further approval, including from risk & control perspective.
• Follow up with RMs on margin calls and limit excesses if required in accordance with Credit Policy
• Document credit decisions and exceptional approvals properly.
• Review the indicative term sheet provided by Lending Advisory Solution in case required
• Work with credit post approval team and internal / external legal when necessary to ensure correct terms and conditions are incorporated in the facility letter, and to ensure the credit terms and conditions can be properly monitored in bank’s systems.
• Works with other stakeholders (e.g. Lending Advisory Solution, Regulatory Compliance, Legal and Products team) if necessary for credit cases.
• Follow up and tracking credit reports (e.g. stress test, borrower classification, exceptions and credit condition monitoring reports)
• Assist in conducting and reviewing credit related policies and procedures.
• Assist to provide credit training to front office and prepare various MIS and regulatory reports as required;
• Review latest rules and regulations of SFC Code of Conduct and HKMA guidelines, and ensure the Bank complies the regulatory requirement by:
  • Observing BOS policies and regulations at all times, include code of conduct and relevant ordinances of HK and Singapore.
  • Observing internal guidelines and maintaining data confidentiality
  • Producing ad-hoc reports for regulatory reporting purpose
• Contribute towards tasks of Operational Risk Partners, Regulatory Compliance Partners and Data Protection Partners
• Handle credit related projects assigned by supervisor

Who you are:

Competence Requirements

• 5-8 years credit experience preferably in Private Banking;
• Must be a good team player;
• Effective communication and computer skills;
• Fluent in Cantonese, English and Mandarin (speaking and reading);
• Attention to details and diligent.

Education Requirements

• Bachelor Degree holder or equivalent, preferably in Accounting, Finance or Business;
• CFA / FRM is a plus