Company Description
Founded in 2015, FOMO Pay is a Major Payment Institution licensed in Singapore, Hong Kong and the United Arab Emirates (UAE). The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia's fully licensed financial platform, helping institutions and businesses connect between traditional and next-generation financial services. The firm offers three flagship products:
- FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutions
- FOMO iBiz – Facilitate businesses everyday requirements for transactional banking needs
- FOMO Treasury – One-stop digital asset services provider bridging Web 2.0 & Web 3.0
Visit www.fomogroup.com for more information.
About the role!
The Credit Risk Analyst will evaluate credit risk, analyze portfolios, and manage financial data to assess the creditworthiness of clients or partners. The role includes performing detailed credit risk assessments, monitoring portfolio performance, identifying risk trends, and recommending strategies to mitigate risk. Collaboration with internal teams to ensure compliance with risk policies and regulatory standards is also a key responsibility.
Responsibility
- Conduct comprehensive financial analysis including the evaluation of financial statements, bank statements, tax returns, and other relevant financial data for clients and/or partners
- Utilise risk assessment tools and guidelines, evaluate the creditworthiness of clients and/or partners based on financial ratios, credit scores, payment histories, and industry benchmarks
- Establish appropriate credit limits considering factors such as transaction volumes, historical performance, and market conditions
- Work closely with cross-functional teams such as sales, finance, and legal to ensure seamless coordination throughout the credit review and risk analysis process
- Ensure compliance with all relevant regulations, policies, and procedures related to credit review and risk analysis, data privacy, and new client/partner onboarding
- Maintain accurate records of credit decisions, correspondence, and relevant information in accordance with Company policies
- Continuously monitor the creditworthiness of existing clients/partners, identify potential credit risks, and recommend appropriate actions to mitigate losses
- Identify opportunities for process improvement and automation to streamline the credit review process and enhance efficiency
Qualifications
- Diploma or Degree in Business, Economics, Finance, Accounting, or an equivalent field.
- Professional certifications (e.g., CFA, FRM, CPA, ACCA) are a plus.
- Fluent in both English and Mandarin. We are seeking candidates proficient in Mandarin to effectively communicate with Mandarin-speaking clients.
- Minimum 3-5 years of experience in credit analysis, credit risk management, stockbroking or banking.
- Strong analytical skills in financial statement review and credit evaluation.
- Ability to assess collateral risk, including market volatility and concentration exposure.
- Familiarity with equity markets and relevant regulatory frameworks.
