VP, Regional Credit Policy Analyst, Group Credit

VP, Regional Credit Policy Analyst, Group Credit

Posting Date: 22 Sep 2024

Location: Raffles (City Area), Singapore, SG, 048624

Company: United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices.

Our history spans more than 80 years. Over this time, we have been guided by our values — Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

About the Department

The Credit and Risk Management function is comprised of three teams: Risk Management, Credit and Special Asset Management. We manage the risks arising from the Group’s business activities within the risk appetite established by the Board. This involves identifying and evaluating the risks, developing effective risk governance and strategies as well as providing independent assessment of the overall risk profile.

Job Responsibilities

The candidate will be part of the Group Credit Policy & Governance (CPG) team which provides independent oversight of Personal Financial Services (PFS) Loans Portfolio for UOB Group. Reporting to the Regional Policy & Strategic Support Lead, the candidate will be responsible for:

• Supporting the review and maintenance of the Group Retail Credit Policy and Process Standards (GRCPPS).
• Ensuring regional countries operate within the Group PFS Policy, Frameworks and approved Retail Risk Appetite (RRA) metrics.
• Providing independent review and recommendation on proposed credit policies changes and related credit papers requiring approval from Group Retail Credit.
• Performing independent monitoring of portfolio quality for PFS loans portfolio across countries.
• Undertaking strategic projects as part of overall Group Retail Credit and Group CPG collective agenda.

Role Description:

• Review Group Policy Standard, Frameworks/ Guidelines and maintain them over time to ensure that PFS Loans portfolios operate within the desired appetite.
• Support the smooth migration of Citi portfolio into UOB under CPG sub-stream, liaise and work with other sub-streams within overall Retail Credit workstream and relevant stakeholders to ensure successful integration process.
• Work closely with countries CPG function on review of Portfolio Review Document (PRD), credit policy changes, credit test proposal, and other initiatives that require approval from Group Retail Credit.
• Assume the advisory role to and consult regional countries on Group Policy & Framework related matters.
• Track consolidated Retail Risk Appetite, Risk Discipline Framework (RDF) metrics and Credit KPIs across regional countries.
• Perform monitoring of regional countries portfolio and highlight the key and emerging risks to ensure sound portfolio quality is maintained.
• Support the portfolio review reporting and preparation for Quarterly Credit Review of Retail Portfolio with Senior Management and Group Credit Committee.
• Work closely with CPG team in enhancing the independent risk assurance process.
• Undertake ad hoc projects as part of Group CPG Collective Agenda.

Job Requirements

• At least 8 years of working experience in a retail credit risk management role preferably in a credit risk policy, MIS and portfolio management capacity. Candidates with experiences in risk assurance area are welcome to apply.
• Degree holder with background in Mathematics, Statistics, Business and Finance preferred.
• Analytical mind with sound business acumen, highly meticulous and self-motivated.
• A strong relator with good communication and presentation skills (verbal and written).
• Experience in a Group regional role with knowledge of country business and regulatory landscape will be a plus.
• Proficient in Microsoft Office Excel, Powerpoint. Good knowledge of SAS Programming, Decision Tree Segmentation Tool, SQL database and Visualization Tool (e.g. PowerBI) is desired.
• Candidates with knowledge in Basel Capital Rules, Credit Scorecards (especially application scorecard development) or IFRS9 will have an added advantage.

Be a part of UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.