Job Description:
The primary function of this role will be to assist the Head of Credit & Risk Control in providing support to units within Singapore Branch in managing of credit and risk control by advising, monitoring and reporting.
Accountabilities:
Reporting to: Head of Credit & Risk Control
Functional Manager (if any): Credit Management – Group Credit
Trading Risk Management – CMP Financial & Risk Control (FRC)
(I) Credit risk control:
• Follow and report the composition and development of the credit portfolio according to guidelines
• Review all credit proposals and annual reviews to ensure that the credit memorandums are prepared in accordance with the guidelines set out by the Head of Shipping Credit, including to analyze risk scenarios and their impact on the credit portfolio
• Monitor annual review status for all customers, countries and banks.
• Daily review on limits excesses for countries, banks and customers
• Report excesses, irregularities and other special requests to the Local Credit Committee
• Review and approve derivative limit forms submitted by Relationship Managers for the input of approved derivative limits into the system
• Monitor observation, special‐mentioned and risk classified credits in accordance to Local and Head Office guidelines
• Update the observation/ watch list
• Monitor the level of specific provisions
• Conduct sampling reviews of call reports of Relationship Managers
• Conduct sampling reviews of covenants compliance as prepared by Relationship Managers
• Assist in all other credit related issues
(II) Treasury & Market Risk Control:
• Perform risk monitoring/ reporting on FICC Markets and Treasury Group Funding
(III) Insourcing of FX spot monitoring from New York Branch:
• Continuous monitoring of the Trading and Treasury activities during Asian trading hours
• Run risk analysis report at specified intervals daily
• Contact Global Market Head for the respective business if limits are breached
• Carry out specified tasks as per service agreement
(IV) Anti‐money laundering:
• Perform transaction monitoring through screening prior to releasing payments, trade finance transactions, loans, reporting to Risk & Compliance Officer(RCO) any suspicious transactions
• Perform checks on customer due diligence (“KYC”) documents collated by Customer Support Unit
• Monitor for prompt review of AML risk rating
• Initiate requests to Risk & Compliance Officer(RCO) for clarifying internal policies for compliance with regulations and sanctions.
• Providing materials required by auditors or regulators
Requirements:
• Degree in Accounting/ Banking/ Finance
• English – written and spoken (professional level)
• Proficient in MS Excel, PowerPoint, Word, VBA or SQL a plus
• 3 years or more in Credit and Market Risk Management, Transactional monitoring for AML risks
• Understanding of financial instruments, market risk management, funding liquidity, banking regulations and sanctions
Interested candidates who wish to apply for the advertised position, please email us an updated copy of your resume.
Contact Person : SNT
Email Address : bnf@capitagrp.com
CC. sharon.tan@capitagrp.com
