Friday, September 2, 2011

Private Banking Singapore - Credit Middle Office, Analyst

The Credit Risk Management Team is part of the Private Bank Credit Operations group.
This team monitors JP Morgan Private Bank exposures (including loans, mortgages & derivatives) secured by financial assets, such as equities, fixed income products and other asset types. The functions performed by this team are critical to protecting the bank from potential credit losses.

Working closely with the Capital Advisors, the team is also responsible for administration and monitoring of Private Bank Asia credit facilities in line with corporate credit policy, including review & monitoring of credit covenants and other special monitoring requirements.

Specific Duties
· Review credit proposals & assist Capital Advisory teams with credit system enrichment
· Ensure compliance with credit policies and guidelines
· Ongoing collateral monitoring & validation of structured lending conditions
· Working closely with technology teams on increased automation
· Participate in global initiatives
· Perform credit checks on & approve payments, loans and releases of other collateral
· Partner closely with the Lenders and Credit Executives, especially on exception management
· Prepare supporting information for Credit & Portfolio Reviews
· Prepare Credit MIS
· Regulatory and internal reporting

Skills

· Degree holder
· 3 - 5 years of work experience in a credit middle office or control function, or other work experience in private banking
· Team player
· Demonstrated interest in financial markets and understanding of risk measures
· Strong listening & analytical skills
· Detail orientated with strong written & oral communication skills
· Control mindset
· Capability to manage projects and multi-task
· Computer skills required: Microsoft Access, Excel, Power Point and Word
· Ability to prioritize & work independently under pressure with long hours at times

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