Head of Credit Control and Administration, Asia recruitment
Reporting to the Head of Risk, the incumbent will be responsible for:
-- Leading and managing the Credit Admin Credit Control functions in Asia to effectively efficiently support the Bank’s Wealth Management credit businesses in Asia.
-- 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.
-- Supervising the adherence of credit approval conditions eg concentration caps and timely renewals of insurance policies and update of valuations.
-- Achieving 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.
-- Generating, developing and/or reviewing all relevant local, Head Office Regulatory credit risk reporting as well as ad-hoc specific reporting requirements.
-- Ownership accountability for Asia’s 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.
-- Obtaining 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.
The successful candidate should have the following pre-requisites:
-- Tertiary education with at least 10 years Private Banking Brokerage Credit Admin Credit Control experience
-- Sound managerial experience in leading managing a team
-- Knowledge of local/Asia central bank reporting requirements is required.
-- Independent thinker with strong understanding of legal/documentation risks as well as well-versed in Wealth Management credit control requirements processes.
-- Ability to multi-task and is well-organized and meticulous.
-- Good communication skills and ability to converse in Chinese/Cantonese would be an advantage.
-- Sound MS Excel/Word/PowerPoint skills.
For interested applicants, please forward a copy of your updated resume to abigaillim@aquissearch.com or contact Abigail Lim at +65 6438 5337/ +65 9652 6206 for a confidential discussion.