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OCBC

Financial Institution Credit Risk Management (VP/ED)

5-7 Years
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  • Posted 6 days ago
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Job Description

Who We Are

As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

Why Join

As a key member of our risk management team, you will play a critical role in shaping the future of OCBC. You will work closely with stakeholders to identify and mitigate credit risks, ensuring the bank's continued stability and growth. This is a unique opportunity to make a meaningful impact and build a rewarding career.

How you succeed

To excel in this role, you will need to stay ahead of the curve, anticipating and responding to emerging trends and risks. You will work collaboratively with cross-functional teams to develop and implement effective credit risk management strategies, leveraging data and analytics to inform your decisions.

What you do

  • Establish due diligence questionnaire and conduct credit due diligence on hedge fund counterparties.
  • Establish credit format and credit underwriting standards including sector-specific & client-specific controls/parameters with the Head of GWCRM-FI to ensure portfolio remains healthy. This includes educating Global Financial Institutions Credit Analysts.
  • Propose user requirements in systems to support account review and risk management.
  • Discuss with rating team to internally grade hedge fund counterparties and recommend standard metrics to differentiate stronger counterparties from the relatively weaker counterparties.
  • Actively monitor hedge fund clients for identify vulnerabilities and provide timely updates upon identification of credit event or event risk, as well as following through trade portfolio close-out.
  • Enhance relevant policy and procedure requirements to strengthen risk management and risk governance.
  • Establish close collaboration with stakeholders and active participation in working groups.
  • Propose documentation terms in ISDA/CSA.
  • Work on assignments/projects as delegated and portfolio may be enhanced to include Global Asset Managers.

Who you are

  • A degree in a relevant field, such as finance, economics, or mathematics
  • At least 5 years of experience in credit risk management, preferably in a financial institution (Hedge Funds)
  • Strong analytical and problem-solving skills, with the ability to interpret complex data
  • Excellent communication and stakeholder management skills, with the ability to influence and persuade others
  • Strong understanding of credit risk management principles and practices, with the ability to apply them in a practical context

Who we are

As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation.

But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

What we offer

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Equal opportunity. Fair employment. Selection based on ability and fit with our culture and values. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

What We Offer

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

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About Company

Job ID: 143994081