Risk Specialist - Singapore - Bank of Singapore

Bank of Singapore

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

Risk Specialist - Credit Monitoring & Control (Manager)

-

(

230002DO

)

Description
Job Attributes

Daily monitoring of credit / regulatory violations (margin shortfalls, limit excesses, including unauthorized violations) for Singapore and Hong Kong booking centres; follow up with Front Office till resolution
Ensure that credit violations are escalated and reported in a timely manner to the relevant parties
Maintain accurate records of margin exceptions approved and ensure timely follow up when due for renewals; provide timely submission of internal charges borne by Front Office
Prepare and issue margin call, demand and/or adhoc credit letters
Monitor and track post drawdown conditions, ensuring appropriate and timely

- escalations to the relevant parties

Collate and send MIS reports to senior management
Review and calculate portfolio transfer requests and redemption requests
Perform and authorise data inputs in various auxiliary credit systems
Prepare reports on periodic or ondemand basis for dissemination to internal stakeholders
Assist with the review of and update of procedures and guides
Provide effective support for queries from Front Office
Participate and contribute to the firmwide initiatives on reengineering risk management and improvements on reports and processes

Qualifications

Requirements:

Education

Experience

Experience in private banking credit monitoring is an advantage

Skills

Understand the credit endtoend life cycle
Demonstrate interest in the financial markets and good understanding of risk and control concepts
Able to prioritise, organize and work independently
Demonstrate flexibility and willingness to accept new assignment and challenges in a rapidly changing environment

Primary Location:

Singapore

Job:

Credit Risk

Organization:

BOS - Credit Risk

Schedule:

Permanent

:
Full-time

Job Posting:
27-Nov-2023, 3:58:00 AM