Senior Credit Officer/Head of Credit Risk - Boutique Private Bank - Geylang
A boutique private bank is seeking an experienced Credit Risk professional to oversee its Credit Risk Management function in Singapore. This role is critical in ensuring a robust credit framework, assessing risk exposures, and implementing policies to support the bank’s private banking portfolio.
The ideal candidate will have a strong background in credit risk, particularly in private banking, with expertise in reviewing complex credit structures, setting risk parameters, and working closely with relationship managers to maintain a balanced risk-reward approach.Senior candidates with proven leadership capabilities may be considered for the Head of Credit Risk position, where they will drive strategic initiatives and manage a team.
This is a great opportunity to join a dynamic and growing institution, offering a competitive salary of up to SGD 180,000 per annum, along with the chance to shape and enhance the bank’s credit risk framework.
Key Responsibilities:
- Ensure Credit Applications meet the highest standards and comply with Credit Policy.
- Provide expert recommendations and approvals for portfolio breaches.
- Supervise the timely submission and accuracy of Credit Risk and MAS reports.
- Manage Lombard Lending accounts, including post-lending conditions and approvals.
- Monitor the portfolio, managing margin calls and limit excesses effectively.
- Lead stress testing initiatives, analyzing results and their impact on the portfolio.
- Ensure strict compliance with regulatory frameworks and internal policies.
- Collaborate with internal and external legal counsel on legal opinions and security registration.
Requirements:
- Degree in a relevant discipline from a recognized university.
- 10+ years of experience in banking, with a focus on Credit Risk Management in Private and Corporate Banking.
- Expertise in Lombard Lending and investment products.
- Proficiency in Avaloq systems and advanced Excel skills (VBA Macro preferred).
- Strong understanding of regulatory frameworks in Private and Corporate Banking.
- Excellent communication, organizational, and leadership skills.
Ready to Take the Next Step?
If you meet the requirements, please apply with your updated CV. For further inquiries, contact Thomas Cheng (R25126988) at thomas.cheng@revup-consulting.com.