Jobs

    Credit Risk Manager Financial Services - Singapore - LINKEDCORP HR CONSULTANCY PTE. LTD.

    LINKEDCORP HR CONSULTANCY PTE. LTD.
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    Description
    Roles & Responsibilities

    Job Description:


    • Assess the creditworthiness of SMEs or Individuals in applying for loans or credit by analysing financial statements, credit reports, and other relevant data.


    • Evaluate the potential risks associated with extending credit to customers or counterparties, considering factors such as their payment history, financial stability, industry trends, and economic conditions.


    • Develop and implement credit risk policies and procedures to ensure consistent and effective risk management practices across the organization.


    • Develop or utilize credit scoring models to quantify credit risk and make informed lending decisions.


    • Monitor and manage the organization's credit portfolio, including identifying emerging risks, assessing portfolio performance, and implementing strategies to mitigate risk.


    • Ensure compliance with relevant regulations and guidelines governing credit risk management, such as Basel III requirements or local regulatory standards.


    • Communicate credit risk assessments and recommendations to senior management, stakeholders, and relevant departments within the organization.


    • Make credit decisions, including approving or rejecting credit applications, setting credit limits, and negotiating terms and conditions of credit agreements.

    Requirements:


    • A bachelor's degree in finance, economics or accounting


    • 8-10 years' experience in credit risk analysis, underwriting, or portfolio management is often required, with increasingly responsible roles demonstrating a progression of skills and knowledge.


    • Strong analytical skills are essential for evaluating financial data, assessing risk factors, and developing effective risk management strategies.


    • A solid understanding of financial principles, including accounting, financial statement analysis, and credit risk metrics, is necessary for success in this role.


    • Familiarity with credit risk management concepts, methodologies, and best practices is essential, along with an understanding of regulatory requirements and industry standards.


    • Effective communication skills are important for conveying complex information, presenting recommendations, and collaborating with cross-functional teams


    • The ability to pay attention to detail is crucial for accurately assessing credit applications, identifying risk factors, and ensuring compliance with policies and regulations.


    • Strong decision-making skills are needed to evaluate credit risk factors, weigh potential outcomes, and make informed lending decisions that align with the organization's risk appetite and objectives.


    • Proficiency in relevant software tools and systems used for credit analysis, risk modeling, and portfolio management is often required.


    • Demonstrate integrity and ethical conduct in their decision-making processes, ensuring fairness and transparency in credit evaluations and lending practices.

    Tell employers what skills you have

    Credit Risk Management
    Microsoft Excel
    Assessing
    Analytical Skills
    Modeling
    Anti Money Laundering
    Pay Attention to Detail
    Loans
    Transparency
    Risk Management
    Economics
    Underwriting
    Accounting
    Financial Statements
    Portfolio Management
    Financial Analysis
    Regulatory Requirements
    Financial Services
    Credit Risk
    Credit Analysis


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