Manager - Group Risk, SG Private Banking Credit Risk & Portfolio Management

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The position is responsible for credit risk management for Private Banking Singapore and credit portfolio management supporting Singapore. Work scope includes the assessment and approval of credit transactions and policies, monitoring and managing the credit portfolios, ensuring compliance with regulations, and managing relationships with key stakeholders. The position is to ensure that credit risks are undertaken within the Risk Appetite as approved by the Board.

Job Responsibilities

• Credit risk management – as second line of defence, support the credit/risk activities in Private Banking ("PB") Singapore and provide risk oversights function in PB Singapore focusing on credit risk management
• Credit policies and frameworks – review, improve and align credit policies and frameworks within Group to ensure effectiveness and compliance; stay informed about PB industry best practices and regulatory changes to adapt credit policies accordingly
• Credit delegation – to exercise credit delegation authority jointly with business/PB Singapore
• Credit Portfolio Management – management credit risk portfolios and analyze data to identify trends and potential risks
• Optimize the bank’s credit performance through proactive risk management strategies
• Collaboration – work closely with various departments, including finance, legal, and operations, to align credit policies with overall business objectives; collaborate with front office to balance growth objectives with risk mitigation; foster a collaborative and high-performance culture within the credit department
• Risk analysis – conduct in-depth risk analysis, utilizing financial statements, credit reports, and other relevant data; develop models and tools for assessing and monitoring credit risk
• Regulatory compliance – ensure compliance with relevant laws, regulations, and industry standards related to credit activities; keep abreast of changes in regulatory requirements and implement necessary adjustments
• Communication – effectively communicate credit policies and decisions to internal stakeholders; collaborate with management in conveying credit-related insights to the board or other stakeholders
• Continuous improvement – identify areas for continuous improvement in credit processes and implement enhancements; foster a culture of continuous learning and skill development within the credit team

Other Responsibilities

• Scope of Credit Portfolio Management to be extended to other business units in Singapore Branch.
• Credit initiatives for Group Private Banking and SG Branch.

Job Requirements

• Degree with Omega Exam or any recognized Credit Certification
• Minimum 5 years’ work experience of similar capacity with relevant first line experience preferred and/or relevant credit/risk experiences in private banking
• Preferably with some years of credit/risk experiences in corporate banking/finance.
• Strong understanding of financial markets, credit analysis, and regulatory requirements (eg from BNM, MAS)
• Preferably with some experience in data analytical work, programming such as Python and business intelligence software such as Tableau

**Only shortlisted candidates will be notified

Your application will include the following questions:

• What's your expected monthly basic salary?
• Do you have experience working in a business banking environment?
• Which of the following web analytics tools are you experienced with?
• Which of the following programming languages are you experienced in?
• How many years' experience do you have as a Credit Evaluation Manager?

Banking & Financial Services More than 10,000 employees

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.