Geylang - Risk Management-Head (Primary focus on Credit Risk)

1. Leadership & Strategy:

• Lead and oversee the risk management department with a focus on credit risk and credit evaluation.
• Develop and implement the overall risk management strategy in alignment with corporate goals.
• Provide strategic direction for assessing and managing credit risk across all business lines.
• Lead the formulation of policies and procedures related to credit risk and risk management.

1. Credit Risk Management:

• Develop and implement a comprehensive credit risk framework that identifies, evaluates, monitors, and mitigates credit risks.
• Oversee the credit evaluation process, ensuring appropriate credit assessments are made for potential and existing clients.
• Conduct thorough analysis and periodic reviews of credit portfolios to assess risk and potential exposures.
• Establish and maintain credit risk limits, tolerances, and reporting mechanisms.

1. Risk Reporting & Monitoring:

• Prepare and present regular risk reports to senior management, highlighting key risk metrics, trends, and insights.
• Monitor emerging credit risks and market developments that could impact the company’s credit exposure.
• Continuously enhance risk reporting tools and techniques to ensure timely and accurate risk data.

1. Credit Portfolio Management:

• Oversee and manage the credit portfolio to ensure balanced and diversified exposures.
• Conduct stress testing and scenario analysis to assess the impact of adverse economic conditions on the credit portfolio.
• Establish frameworks for loan classification, provisioning, and credit recovery efforts.

1. Credit Risk Models & Analytics:

• Guide the development, validation, and implementation of credit risk models, including credit scoring and predictive analytics.
• Use quantitative techniques to assess portfolio performance, credit quality, and risk-adjusted returns.
• Continuously improve credit risk modeling techniques to reflect market changes and regulatory requirements.

1. Oversee the team handling Operation risk / Liquidity risk / Market risk.

Requirements:

• Bachelor's degree in Business, Banking & Finance or equivalent.
• At least 8 years of risk management experience with strong knowledge in Credit Risk Management
• Excellent communication and interpersonal skills
• Strong leadership skills with the ability to motivate and guide teams effective

Thank you for your interest in this role. Please note that only shortlisted candidates will be contacted.

Registration No. R1985319

EA License No. 25C2698