Credit Analyst – Private Banking recruitment

Job Description

Your key responsibility will be to work with one or more Senior Relationship Managers to maximize revenues and customer profitability parameters for the portfolio through new name acquisition, effective cross selling and co-ordination with product partners. Effective credit risk assessment and management will be integral to the role to mitigate risk exposures through appropriate reviews and controls activities.

Key Roles Responsibilities

* Provide independent credit analysis and the basis for a credit strategy to maximize the wallet share from clients.

* Prepare Credit Applications which encompasses analysis of customer's industry, business, financials, risks and opportunities and using in-house and other popular systems and tools.

* Assist in preparing industry studies to improve knowledge within Client Relationships of specific markets and industries.

* Have a thorough understanding of the client's industry, business cycles, and other relevant factors.

* Provide Relationship Managers with insights into clients through understanding of Industry sector, client information and account plans.

* Maximize revenues and customer profitability parameters for the portfolio through new name acquisition, effective cross selling and co-ordination with product partners.

* Liaise actively with other departments such as Credit / CRC / CMO / Trade / ALM / GM / Legal / Compliance / PEF/ STF / Finance.

* Maintain and exercise control over allotted portfolios to ensure that services to customers are of the highest standard while constantly monitoring customer quality in order to minimize the risk of loss to the Bank.

* Prepare management reports relating to credit approvals, excesses, extensions etc.

* Liaise with clients to ensure submission of audited financial statements, management accounts, ageing debtors and all other information/ documents required.

* Ensure that all the administrative functions of the team portfolio are done accurately in accordance with laid down procedures and on a timely basis.

* Ensure compliance with the Group's Policy Standards and in-country regulatory requirements and laws pertaining to AML, CFT, KYC etc.

* Perform credit reviews and approval of applications, including monthly, quarterly, bi-annual annual reviews as well as exercising sound judgement during top-up / close-out situations.

* To analyse and provide advice to Relationship Managers on credit policy issues and credit structures, ensuring that the final credit proposal to be presented for approval is mutually acceptable.

* Provide clear and concise risk advice detailing risks involved, highlight shortfalls (including documentation gaps) as well as compliance with previous conditions and outline recommendations.

* Active participation in development of credit policies, products and processes to meet changing market competition without comprising risk position of the Bank.

* Drive, review and streamline credit processes

* Review of facility documentation with fundamental appreciation of legal regulatory issues relating to PB lending.

* Monitor margin call and limit excess accounts, ensure that margin call letters are duly issued and margin call accounts are rectified by Business within stipulated period allowed.

Qualifications Skills

Degree in Banking/ Accountancy/Economics or other finance related discipline * Minimum 5+ years banking experience in a credit assessment role, covering diverse aspects of risk management * Strong knowledge of investment, credit risk products, credit processing, documentation and risk monitoring * Excellent written, verbal, presentation and interpersonal communication skills * Responsive, proactive and a team player * Ambitious and dynamic individuals with a strong desire to learn *

To apply, please submit your resume to taylor.laurence@randstad.com.sg for an initial phone based interview.

***We regret only candidates based in Singapore will be shortlisted and notified within 2-3 business days***