Job Description:
Deputy Head, Credit & Risk Control
Salary: SGD 5800 - 6000
Location: Central
Responsibilities:
Overall :
Assist the Head to manage the Dept, including but not limited to training and supervising staff in Credit & Risk Control to perform the responsibilities and tasks below.
(I) Credit Control
• Develop and implement policies and procedures, consistent with Company's overall credit risk and control policies and procedures
• Review all credit proposals and annual reviews to ensure that the credit memorandums are prepared in accordance with the guidelines
• Act as secretary cum member in the Local Credit Committee and filing of the approved credit memorandums
• Monitor annual review status for all corporate customers, regional country and bank reviews
• Daily review on limits excesses for customers, countries and banks
• 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
• Review and approve all trade confirmations against country and bank limits
• Update the observation/ watch list on observation, special‐mentioned and risk classified credits in accordance to Local and Head Office guidelines
• 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
• Coordinate Head Office reporting / approvals, whenever necessary
• Disseminate credit information to all staff
• Ensure timely reporting to Head Office
Requirements:
• Degree in Accounting/ Banking/ Finance
• English and Mandarin – written and spoken (professional level)
• Good oral and written communication skills
• Proficient in MS Excel, PowerPoint, Word, VBA or SQL a plus
• Minimum 7-10 years experience in Credit Control with corporate banking background
• Understanding of financial instruments, market risk management, funding liquidity, banking regulations and sanctions
Only Singaporeans/PRs need apply
Interest applicants please forward latest cv (with expected
salary and date of availability) in word attachment to irene.chang@bgc-group.com
