Job Purpose
Supervise Credit Risk Unit (DFD & Non-IB) to enhance and implement best practice for credit risk management for Development Finance Division (DFD) & Non-IB as well as instilling greater risk awareness cultures to the Business Units (first line of defense) with the view to protect the organization's interest at all time.
Key Responsibilities
Customer Franchise
- Provide independent opinion to facilitate the business units; i.e. Credit Investment Committee (CIC) in making informed decisions.
- Cultivate proactive credit risk management culture within DFD and Non-IB.
- Guiding DFD and Non-IB to be in constant alert of potential credit risk impacts when formulating/selling any financing products.
- Participate and contribute to identified strategic projects to continue enhance/ expand SME product offerings by DFD and other financing/lending by Non-IB.
- Participate and contribute to continually improve the effectiveness and efficiency of credit assessment processes and systems.
Controls/Risk Management
Risk Policies & Frameworks
- Propose/review the policies & procedures, relevant credit risk limits/ risk controls mechanisms as guidance for DFD and Non-IB in formulating business plans within the risk limits set by the Board and Group's risk tolerance level.
- Develop/Supervise/Review credit risk management methodology and tools with the view to enhance the overall credit evaluation process and identifying mitigating factors on the underlying risks for DFD and Non-IB.
Risk Strategies /Capabilities
- Provide the independent credit risk reviews on fresh credit proposals as well as the annual/quarterly review of existing credit exposures to protect the quality of the Group's assets covering DFD's SME and Non-IB loans/financing.
- Evaluate and review new products to be implemented/ adopted by DFD and Non-IB as to ensure relevant credit risk parameters are fully addressed prior to the signing off the products approval and launching.
- Ensure all credit risk policies, risk appetite and limits are in conformity with the tolerance parameters set by the Board.
- Keep alert and initiate credit risk management's proactive measures against any possible emerging risks impact arising from unexpected external events occurring anywhere around the globe.
Risk Reporting
- Uphold corporate governance and integrity of the credit risks reporting standards.
- Ensure accurate and timely credit risk reporting on periodic basis to various stakeholders (GRM,DFD, Non-IB, Risk Management Committee).
Learning & Growth
- Responsible for the training and development of staff members including their performance link compensation program.
- Attend identified certification/membership program to meet the targeted competency.
Minimum Qualifications
A recognized University Degree or professional qualification in Accounting, Finance, Economics, Business Studies or related discipline and obtained Professional Credit Certification from AICB.
Experience
10 Years of working experience in credit origination and assessment or credit risk management in a financial institution.
