Credit Risk Control- Associate Director- Private Banking recruitment
Our client is looking to hire a dynamic and self-motivated Credit Risk Control Reporting Manager working closely with Credit Risk Offices in Asia. The incumbent will assist with the management of delivery of a professional cost effective support service to the business, provide clarity, direction support to all stakeholders for credit risk control matters as well as credit risk management info/reporting and maintaining effective working partnerships with all location credit risk offices in Asia to ensure efficient robust credit risk info management reporting.
Key responsibilities:
• Identify key risk areas in lending to high networth individuals and their related companies for booking in Asia and to ensure compliance with credit policy.
• Perform credit reviews and approval of applications, including biennial/annual reviews as well as exercising sound judgement during top-up / close-out situations.
• 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
The ideal candidate should be degree qualified with 6-8 years of relevant experience coupled with strong knowledge and understanding of Wealth Management credit risk control risk management information reporting processes, policies and procedures, preferably in a private banking environment.Excellent knowledge of IT systems and high level of general IT skills eg Microsoft Excel and Powerpoint knowledge.
To apply, please submit your resume to Sherry Zerh at sz@kerryconsulting.com, quoting the job title and reference number SZ4299. We regret only successful shortlisted candidates will be contacted.