Director- Credit and Ops Risk recruitment
The Key Work Scope are:
1) Responsible for management of financial institution credit and counterparty credit risk arising from deposits, settlement, derivatives and custody. Responsible for all aspects of design and maintenance of credit risk framework and its implementation. Assignment of limits and reporting monitoring of positions. Advice on credit risk exposures and structuring of transactions to mitigate credit risk - including in all major international markets. Working with legal team in contract structuring in ISDA or CSA negotiations. Monitoring of market conditions, and development of early alert system for country and financial system alerts.
2) Responsible for the reputational and operational risk management framework. Responsibilities include development or review of SOPs and working with HR, Corporate Affairs, business functions and senior management to ensure reputational risks are managed. Working with operations and business functions to ensure operational risks are managed and control processes are adequate. Lead responsibility for several specific operational risk processes e.g. BCP, country alerts, etc
3) Ad-hoc support of cross functional risk management initiatives
4) Provide development and person growth for a small team of credit risk and operational risk professionals
Personal attributes:
- Advanced degreee in Finance, Economics or accounting
- Needs both attention to detail (e.g. processes, credit analysis, CSA and custodian agreements), ability to think of the overall framework (reputational and operational risk managed across the institution) and engage with senior management
- Strong interpersonal skills and proven ability to influence and work as partner in cross functional teams
- Strong written and verbal communication skills - able to explain complex issues in an easy to understand manner, able to communicate frameworks.
- Able to work self directed and keen to step up - comfortable to engage proactively with wider organisation and senior management
- Proven ability to coach and develop a small team
- Team player
- Flexible to adapt to changing scope of work
- 'Hungry' and able to work under tight deadlines
Singapore Employment Agency Licence No: 07C2942
