Credit Officer China Director/SVP recruitment

Position Description:

• Manage team of 3-4 credit risk officers to analyze and mitigate credit risk from trade finance and derivative transactions (derivatives focus mostly on foreign exchange and  interest rates but also include commodities).

• Primary responsibility for industry-level coverage of Chinese counterparties, primarily corporate (exact industry allocations based on experience).  

• Interface directly with front office staff across all business divisions (e.g. global markets, trade finance, corporate finance)

• Coordinate with other Risk units (Market Risk, Treasury, Operational Risk) on credit approvals, counterparty information and credit risk control steps.

• Conduct independent due diligence on counterparties, including leading client meetings, and financial analysis

• Assess suitability of client risk profile and taking appropriate steps to mitigate risk

• Understanding of financial products and their risk profiles; ability to evaluate proposed new transaction structures to identify and mitigate risk factors

• Oversee and evaluate rating assessments of clients, and ability to prepare them personally

• Documenting client strategy and exposure profile in credit reviews and management reports

• Assess global, regional and local market events/trends and their impact on local industries and counterparties.

• Daily control and exposure management of credit facilities, including follow up on trade execution, booking, credit limit implementation, reporting and monitoring.

• Ensure proper credit terms are incorporated in trading documents, confirmations and other relevant documents.

• Ensure compliance with relevant PRC regulations. 

• Interaction with senior management in Risk and business units about transactions, structures and market developments

• Motivate and train team members while providing opportunities and challenges

Performance Measures:

• Success in enhancing team performance, skills and effectiveness

• Soundness of judgment about transactions and counterparty risk management

• Ability to balance risk and return in making credit decisions

• Ability to communicate concerns and decisions clearly and effectively with business partners, senior management and clients

• Ability to enhance effectiveness by building network within the bank

• Ability to motivate team , while encouraging diversity and valuing differences

• Professionalism of interaction with external and internal stakeholders

Required Skills/Attributes:

• Minimum 6+ years experience in credit risk management and assessment, with focus on corporate sector

• Experience in international bank preferred

• Strong communication skills (both written and verbal)

• Ability to deal professionally and independently with front-office staff, external clients and Bank management

• Understanding of key products in capital markets (e.g. swaps, FX, equities, and collateralised transactions/structures) and trade finance, with focus on product risks.

• Ability to work under pressure

• Awareness of Chinese financial markets, financing structures, and regulatory framework.

• Familiarity with legal documentation and risk issues, including ISDA, NAFMII, CSA, and credit mitigating measures.

• Team oriented, flexible, diligent, self motivated.

        • Fluency in English and Mandarin.