Director - Retail Risk (Credit Risk, Secured Lending Portfolio Mgt)

CIMB Group Holdings Berhad

Kuala Lumpur

MYR 200,000 - 250,000

Job description

Director - Retail Risk (Credit Risk, Secured Lending Portfolio Mgt)

Compliance & Risk (Banking & Financial Services)

Full time

Add expected salary to your profile for insights

Policy & portfolio management for secured lending products including mortgages, Business Premise Loans / Financing, Auto Financing and ASB
To understand the key drivers of credit risk, manage the portfolio risk and maximize the risk return profile of the portfolios

Job Responsibilities

Set appropriate risk management strategies, risk appetite, Asset Quality Trigger (AQT) and Acquisition RAROC triggers to ensure risks are adequately identified and managed
Develop portfolio heat map to assess portfolio shape and risk appetite.
Establish monitoring and tracking mechanism to assess portfolio performance against benchmarks and leverage on Risk Appetite results to support strategic business decision making via new initiatives and policy implementation.
Review Portfolio MIS to detect adverse trends and recommend action plans to mitigate portfolio risk
Identify early warning indicators and take proactive actions to manage any emerging risks.
Understanding the emerging risk associated with different products and set the business direction based on the appropriate risk appetite triggers.
Develop appropriate dashboards that help in tracking the portfolio health and various key risk indicators. These dashboards can also be used for presentation to senior management / board.
Manage regulations so as to avoid any breaches and make sure the bank is in compliance at all times.
Evaluating business proposals for appropriateness of implementation
Own and manage regional standards related to secured portfolios

Stakeholder Management

Provide good support to colleagues both in Risk and in other business functions both in country and across the region
Work with both front and back office in a collaborative way to achieve common goal as set by the Management
Establish good rapport with relevant regulatory bodies in all dealings with regards to group mortgage business
Act as point person with regards to any risk related queries

Developing People

Lead, guide and empower the team members on their BAU tasks
Equip team members through training, cross-functional projects, etc to upskill their competency and knowledge
Identify potential candidates for succession planning
Proactively manage the risk in the Division to reduce the likelihood or impact of negative impact events
Responsible to report risks to the Head of Division in a timely manner so that Heads of Division have a clear view of the overall control effectiveness of their unit
Execute the operational risk framework of the bank in a robust and disciplined manner so as to achieve sound risk management practices and reporting.
Proactively partner and engage with the second line of defence to achieve an optimal outcome of risk management for the CIMB Group.
Support and lead the Division in relation to proactive identification and management of compliance risk.

Job Responsibilities

Graduate with at least 2nd class honours from any reputable universities
Preferred major: Accounting & Finance, Statistics, Mathematics
Risk Management knowledge in banking industry or other relevant experience
Good written and verbal communication skills
Analytical
Dynamic and able to work independently
Good knowledge of banking policies, procedures and practices

**Only shortlisted candidates will be notified

Your application will include the following questions:

How many years' experience do you have as a Head of Credit Risk?

CIMB Group is one of ASEAN’s leading universal banking groups and is Malaysia’s second largest financial services provider, by assets. It offers consumer banking, commercial banking, investment banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present in all 10 ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar, Laos and Philippines). Beyond ASEAN, the Group has market presence in China, Hong Kong, India, Sri Lanka, Korea, the US and UK.

CIMB Group has the most extensive retail branch network in ASEAN approximately of 720 branches as at 30 September 2019. CIMB Group’s investment banking arm is also one of the largest Asia Pacific-based investment banks, offering amongst the most comprehensive research coverage around of 600 stocks in the region.

CIMB Group operates its business through three main brand entities, CIMB Bank, CIMB Investment Bank and CIMB Islamic. CIMB Group is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad. It had a market capitalisation of approximately RM48.9 billion as at 30 September 2019. The Group has around 36,000 employees located in 16 countries

For more information, please visit www.cimb.com

To help fast track investigation, please include here any other relevant details that prompted you to report this job ad as fraudulent / misleading / discriminatory.