Primary Objective
To ensure recommendations and approvals for new and review loans result in no more than 2% of loans turning NPL within 12 months and approval turnaround time is met by:
- Conducting credit risk evaluation and approving /rejecting or recommending for approval, credit applications submitted primarily by Corporate Banking (CORP), Commercial Banking (CB) and Personal Financial Services (PFS)
Key Responsibilities
Evaluation
- Provide credit risk evaluation of credit applications submitted by the various business units and identify /address /mitigate all pertinent credit risk issues.
- Approve credit applications within Delegated Lending Authority assigned or recommend to next higher approving level for approval in accordance with the DLA architecture set out.
- For credit applications submitted by CORP, CB, to review the credit risk grade generated and affirm or reject /override the credit grade with justification.
- For credit applications submitted by PFS, to ensure that the respective product parameters, credit guidelines and regulatory requirements are met or well mitigated.
- Evaluate and approve, reject or recommend operational and administrative requests of CORP, CB & PFS customers such as variation of terms & conditions.
- Keep abreast of industry developments, market sentiments and the general business trend and their impact on our banking business.
Compliance
- Ensure that credit applications submitted are in line with the Bank's credit guidelines & policy, rules and regulations as laid down in the Bank's circulars and operations manuals, regulatory requirements (MAS Notices and Circulars, Banking Act).
- Address issues raised by auditors and MAS relating to credit matters.
Others
- Undertake ad-hoc projects and other duties assigned by Head of Credit Evaluation and/or Senior Credit Manager from time to time.
- Conduct joint customer visits with business units to better understand risks pertaining to their credit applications and provide them guidance on structuring of credit facilities.
- Assist in the day-to-day operations and administrative functions of the department.
Qualifications
- Degree /professional qualifications in Business, Accounting, Banking, Finance, Economics or other relevant disciplines.
- Minimum 15 years working experience in credit risk evaluation /analysis of corporate, SME and retail lending preferred. Those with less than 15 years working experience but hold relevant credit risk qualifications will also be considered.
- Knowledge of MAS statutory requirements is required for retail lending (i.e. housing & commercial property loans).
- Possess strong credit writing and analytical skills in corporate /SME lending.
- Good communication and interpersonal skills.
