Credit Approval Manager

Responsibilities:

Reporting into a Chief Risk Officer Asia, you will be responsible for the credit risk approval of Corporate & Institutional Banking transactions originated in Asia.

• Work closely with the business to optimise risk utilisation to maximise the return to the bank from the available risk appetite.

• Review and approve credit proposals

• Active management of portfolio to ensure early identification of credit deterioration and control risk

• Ensure management is apprised of significant developments, risk issues, major transactions, etc

• Ensure that credit strategies are aligned with the business objectives.

Requirements:

• Must have a good degree

• At least 8 years of credit analysis/ credit approval/ portfolio management experience

• Previous experience in credit analysis/ credit decisioning

• Ability to speak Mandarin/ Cantonese will be an advantage

Submit your CV to Rosalita Selamat, rselamat@carmichaelfisher.com. Only shortlisted candidates will be notified.

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Vice President of Credit Derivatives Valuations

Global European bank seeks two valuations analysts to be based in the Asian Pacific region to join the existing nine person team (at VP level)…Global European bank seeks two valuations analysts to be based in the Asian Pacific region to join the existing nine person team (at VP level) carrying out independent valuation of an assortment of structured and derivative products including MBS / ABS, CDOs, single and multi name credit derivatives and other structured products. Reporting to the Global Head of Product Control, this is an outstanding opportunity to join a dynamic and fast-paced group with top potential for future career progression.

The successful candidates will have excellent academic backgrounds, preferably to PhD or Doctorate level in a highly quantitative subject. It is essential that you have familiarity valuing complex products including Asset Backed Securities (ABS), Mortgage Backed Securities (MBS), Collateralized Debt Obligations (CDO), and credit derivatives; experience devising ad hoc models to value illiquid and complex assets, and that you have a proven track record collaborating with trading and quantitative risk modeling groups to evaluate models and strategies to hedge derivative instruments. Your experience should be complemented by an advanced technical understanding of several programming languages inclusive of VBA – and it is imperative that you possess top communicative skills and the ability to succeed as part of a team.

To apply, or for further information, please contact quantexotic@selbyjennings.com – call on +44 207 019 4137 or visit www.selbyjennings.com

Type: Full-time

Location: Singapore

Category: Quantitative Analysis Jobs

Apply Email: quantexotic@selbyjennings.com

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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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Credit Risk Analyst SAS to join a large Banking institute in Singapore up to $120 Singapore dollars

CompanyEnigma Consulting Group LtdLocationJob location not providedIndustriesStaffing/Employment AgenciesJob TypeFull TimePermanentYears of Experience2+ yearsCareer LevelNone of theseSalary£80,000.00 - £120,000.00  per yearJob Reference CodeARSING45678

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Credit Risk Analyst Director

This Tier 1 Bank is seeking a Direct to oversee their Exposure Management team that provides analysis on all their derivative trades across all asset classes.

If you are looking for a Front office Credit Risk position that gives you interaction with traders and the opportunity to lead your own team then this will be the job the for you. The position includes decision-making authority and responsibility to manage counterparty portfolios by rejecting trades deemed to be too risky or by recommending risk reducing trades.

Role:

- Provide analysis of credit risk of individual derivative trades, typically structured, across all products in the firm – fixed income, equities, commodities, emerging markets, asset-backed and foreign exchange for transaction approval and counterparty portfolio assessment.
- Devise and perform appropriate scenario analyses and stress tests across portfolios of counterparties and business lines.
- Participate in discussions of risk mitigation for structured transactions.
- Active involvement with other members in Exposure Management and other groups on methodology development.

- Coordinate across regions to produce time-sensitive analysis under tight deadlines

Ideal Candidate:

- Several years experience in a similar role preferable
- Knowledge of PFE or PE
- Solid mathematical skills including probability and statistics
- Strong derivative product knowledge across all asset classes and knowledge of financial markets, traded products, and risk concepts
- Excellent interpersonal and analytical skills & a team player
- Willing to work under pressure
- Experienced in methodology development for financial products and ability to communicate technical documents to non-technical audiences
- Understanding of various pricing models

Job Reference: 10011119
Contact: The Risk Team
Phone: + 44 (0) 20 7019 4138
Address: Selby Jennings Ltd, 4 Carlton Gardens, London, SW1Y 5AB SW1Y 5AB

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Credit Risk Analysis | Counterparty Credit Risk

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Credit Risk Analysis | Counterparty Credit Risk

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Senior Credit Risk Manager, Singapore

RBS Coutts Bank Ltd (Singapore Branch) SingaporeCompetitivePermanentFull time03-Dec-2010722597Purpose of the role - how it adds value

To sanction lending facilities within RBSC, Asia exercising Discretionary Power.To guide a small team of credit sanctioners based in Singapore.To prepare and/or overview detailed credit recommendations to RBSC Credit, Switzerland and RBS Wealth Management Credit, London.Along with the Head of Credit, Asia assume direct responsibility for credit facilities to Wealth Management clients of RBSC, Asia and assist with the efficient day to day running of RBSC Credit, Asia.To ensure that all borrowing applications are assessed in accordance with Credit policy/processes/procedures, in order to achieve an appropriate balance between business growth and prudent risk management thereby maintaining a high level of credit quality in RBSC, Asia.To meet reasonable expectations on turnaround times with regard to credit applications.To carry out excess management of the credit portfolio in line with laid down procedures.To carry out pro-active surveillance of credit portfolio to ensure that any deterioration is quickly recognised and acted upon.To take a prominent role in the interface between Credit and the front line, pro-actively working with PB teams in structuring lending transactions.Provide training, coaching and guidance to both Credit staff and private banking teams to ensure the continuing development of a consistent and quality focused credit culture.To assist in establishing and maintaining specific RBSC Asia credit policy, consistent with RBS Group/Wealth Management credit appetite.Key Accountabilities

To assist with the management of the delivery of a professional and cost effective support service to the businessProvide clarity and direction, setting and communicating objectives and managing performance of staff in RBSC, Credit, AsiaEffective working partnerships with front line and other support function staff to help in achieving business growth targets without compromising credit qualityExperience:

Ability to lead a small, highly motivated team combined with strong interpersonal skills.Knowledge and understanding of RBS/ Wealth Management credit processes, policies and procedures.A strong background in credit sanctioning, preferably in a private banking environment.Ability to prepare accurate and focused written credit reports.Strong analytical and technical skills with an ability to apply in a practical and balanced manner.Working knowledge of RBSC Asia’s key markets, including familiarity with legal infrastructure of each jurisdiction.Good knowledge of IT systems and high level of general IT skills.

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IB Operations, Professional/Associate - Traditional Credit Products (TCP) Middle Office

J.P. Morgan Singaporenot disclosedPermanentFull time13-Dec-2010708961An exciting opportunity exists to join the new and growing Traditional Credit Products team working within the Investment Banking Operations department in Singapore. You will have the opportunity to influence the direction of the team and operating model and play an integral role in setting up this new function. Your ability to influence change, build strong relationships with a variety of different businesses, and ultimate delivery focus, will hold you in good stead in this fast paced and dynamic opportunity.

About the department:
Traditional Credit Products Middle Office supports the end to end processing of loans transaction. It has launched a new operating model and is implementing a strategic transaction processing platform, spanning significant multi-year projects for Asia. The growth driver for this team stems from the setup of a new Line of Business (Global Corporate Banking) which will result in expansion across markets in Asia.
Key Responsibilities
Work in partnership with Credit, Investment Bank and Treasury Services colleagues and play a key role in defining the target operating model to support the new platform and businesses
Help establish quality measures and standards that ensure client service standards are met
To take day-to-day support responsibility of new and existing credit facilities for loans transaction
The role will require the establishment of effective partnerships with teams in several areas of the bank in different capacities
To take responsibility for maintaining the highest quality data, as well as understanding and adhering to credit policy developments and escalating appropriate queries
To follow best practice and procedure to ensure no control breaches
Review of facilities in limit excesses on daily basis and ensure that approval(s) is/are obtained to cover the position
Review facility documentation to ensure credit terms comply with credit approvals and term sheets
Draft, prepare, vet and safe-keep facility documentation, agreement and security documents
Ensure that any amendment/waiver of the standard clauses is supported by appropriate approving authority(ies) such as Credit, Legal, Business, Compliance etc
Ensure all conditions precedent are met before implementation of the facility line
Tracking outstanding documents and follow up with Credit &/or Bankers

Skills

The ideal candidate will possess the following qualities:
Bachelors degree, plus min 2 years of relevant work experience
Strong decision making capabilities and the ability to identify problems and propose solutions. Exhibits initiative to raise issues to appropriate/relevant parties when needed
Proactive/self-starter with the ability to deliver value-added support to business partners in a dependable, timely and accurate manner
Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment
Good communication and relationship/partnership-building skills both with team members as well as other business partners. Ability to interact confidently with all levels of stakeholders
Strong attention to detail with a control and cost discipline mindset, takes ownership and is accountable for area of responsibility
Good level awareness of Corporate Banking and its products. A sound knowledge of credit policies and credit systems would be a distinct added advantage
Strong PC skills in Microsoft Suite (e.g. Word, Excel, PowerPoint, Visio). Ability to use web-based technology effectively
Knowledge in ACBS or Loan IQ for loan bookings
Facility documentation knowledge an advantage

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Head of Modelling - Credit Risk - Singapore $200k plus

Head of Modelling role - Singapore

My client an international bank based in Singapore is seeking to make a high profile hire to join their team. This is a new role and shows their ambition within the market place that they are continually growing at a phenomenal pace leaving other behind.

The role is for a Head of Modelling - you will have a minimum of 10 years experience in the building of application scorecards and Basel II models, ideally you will also be able to build marketing models as well. You will have worked for a tope tier bank or a financial services company and currently be one below the head of the department and looking to move up to the next level or already be a head and looking to move to a bigger portfolio.

You will be hands on with a statistical package such as SAS, SPSS, KXEN, or model builder to build these models but also be able to apply strategy as well as mentor junior members of the team.

This is an urgent role and we are looking to conduct initial phone interviews within the next week. Salary is flexible but someone at this level would expect around $220 SGD, tax would be at around 12%, bonus of around 45% plus other benefits.

If you are interested please send me a copy of your CV

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