Regional Credit Head for Asia Pacific – Singapore recruitment

 Primary Responsibility: Leadership role for credit and risk in the Asia Pacific region covering presence as well as non presence countries. To organize the credit function in the region with the aim of promoting  synergies, efficencies, and  controls in the credit process. This requires working closely with each of the countries and IB credit to devise and implement coherent and refined credit and risk strategies for the countries and the region as a whole.

Although functionally independent from the business, he/she will be responsible in ensuring that the credit and risk strategies are attuned to the regional as well as country business strategies. Devise a regional IB credit policy that would cater to the needs of the different countries. This policy will be inspired from the Corporate Credit Policy and will seek to standardize the credit process at the regional level. He/she will also see that local credit processes and procedures are defined , approved, and updfated regularly and that these cater to the specificities and requirements of each country.

Working in close collaboration with IB Credit Head and relevant  business units i.e.  relationship team, treasury placement, distribution teams, in devising, refining and revising  where and when required, business plans, action plans and  strategic implementation steps that are pertinent to credit and risk with the aim of  forging  consistency  and cohesiveness with the  business units and thus, contribute to the region and individual countries  performance targets.

Ensure that regional portfolio is pro-actively managed for granularity, risk reduction, and optimization of returns.

Responsible for the credit portfolio health in the region with clear and measurable definition of:
? Risk against reward
- Facility structure
- Pricing and APR
- Risk mitigation – ways out

? Concentration
- Adherence to approved BMPs
- Consolidated view of the IB regional BMP.
- Industry, segment, ORR, FRR, tenor

? Remedial Management
- Classification
- Trip wires
- Restructuring
- Workout

 Set guidelines for industry, country, and product concentration limits for countries and region as a whole..Responsible for IB credit process in the region

a. Recommend delegation authority
b. Recommend and appoint credit signers
c. Recommend and approve product programs
d. Staging area for credits to be escalated to HO IB Credit.
e. Shadow track approval conditions
f. Verify credit on system against approval
 

Receiving financial information from customers and highlighting any warning signals. Forwarding customer credit line change requests to management for action. Defining and managing regional portfolio performance metrics. Establish credit and risk thresholds for single names and groups in conjunction with the business.To ensure that best practices in credit and risk management are adopted and implemented in the region and individual countries. To ensure adequate staffing of the credit and risk function in each of the countries.To ensure that local country credit committees are balanced with the required experience base and expertise.

Coordinating with the business and IB Head on portfolio issues and with country GMs and Risk Managers on high risk issues. Ensure that Business Risk, Compliance and Control Committees are in place across the countries and to designate individuals to run Business Risk Compliance Committees (BRCC). To develop a BRCC effective model that brings together business, controls, and audit function heads to address issues proactively and collaboratively.