Head, Credit Administration & Control recruitment

Our client are a rapidly expanding Global Private Bank with the following senior position based in Singapore. 

Leading and managing the Credit Admin Credit Control functions in Asia to effectively efficiently support the Bank’s WM credit businesses in Asia.
Responsible for oversight and running of WM Asia’s Credit Admin Credit Risk Monitoring, Control and Reporting activities to ensure that the Bank’s legal security interests/rights are fully safeguarded in our lending activities and that all related credit exposures are duly monitored and managed in full accordance with the Bank’s policies and relevant credit approval conditions.
Overseeing daily end-to-end credit admin duties on documentation, maintenance of credit limits in the system, management of collateral linkages for credit facilities and review control of outstanding documentation. This responsibility will require the position to liaise with external parties such as legal counsels, property valuers/appraisers, insurance companies etc.
Conducting daily periodic review of all credit accounts positions e.g, limit excess collateral shortfall positions to ensure that any irregularity in the accounts are identified flagged to the appropriate parties for prompt action, including adherence to approved rectification plans.
Supervise the adherence of credit approval conditions eg concentration caps and timely renewals of insurance policies and update of valuations.
Responsibility to achieve an in-depth understanding of all credit risk related operating systems with aim to identify system gaps for enhancement to provide better credit control increase productivity.
Generate, develop and/or review all relevant local, HO Regulatory credit risk reporting as well as ad-hoc specific reporting requirements.
With ownership accountability for the WM Asia Credit Admin Credit Control policies, processes and procedures, the team will undertake periodic and/or ad hoc review and changes (where necessary) of its operating platform including but not limited to legal opinions, documentation formats, credit control capabilities and system requirements.
•Obtain a ‘satisfactory’ audit rating in credit admin credit control.
•Active participation in credit product development, providing critical input and value-add from Credit Admin Credit Control perspective.