Assistant Vice President, Financial Institutions & Traded Credit Management MY

Job Purpose: This role resides in the second line of defense. The role is responsible for identifying, evaluating measures, mitigating, and recommending and/or approving non-retail credit risk (main focus in FI, NBFI & Traded Credit risk) credit proposals within the Board-approved Risk Posture and Risk Appetite. He/she oversees monitoring the non-retail credit risk of the assigned portfolios through effectively leveraging of various policies, procedures, frameworks, methodologies, as well as governance and reporting (“Tools”). Key Responsibilities: Credit Risk Management Strategy Supervise and effectively leverage on non-retail credit risk management Tools including, but not limited to, Rating Methodology, Early Warning Indicators (EWI), Risk Acceptance Criteria (RAC), Country Sector Limit, Global Country Limit, Stress Testing, Credit Delegated Authority and Non-Retail Credit Risk Portfolio Reporting, so as to ensure a robust and independent underwriting, approval and portfolio review process that is aligned with Board approved Risk Posture and Risk Appetite. Keep abreast of market and regulatory developments that could impact underwriting standards and asset quality. Make recommendations for changes in the various Tools as required. Ensure timely initiation of client and/or portfolio reviews using the EWI framework, and timely and accurate classification of Watch List names, inclusive of corrective actions steps by the SBU’s. Ensure appropriate application and usage of the Credit Delegated Authority. Business Performance and Management Manage underwriting and portfolio quality by working closely with Business Units to ensure Tools are understood and implemented Engage in back testing of trading programs (if necessary) Work closely and constructively with key stakeholders by building strong relationships and contributing to the Bank’s success from a non-retail credit scope. Any other responsibilities / task as assigned by HOD / COE Head from time to time. People Management Take charge of personal development and training through the KPI, performance management processes and learning and development opportunities. Regulatory Compliance Ensure credit approvals are done in compliance with all relevant regulatory requirements. (Where relevant) to engage with internal/external audits as well as regulators. Be actively involved and encourage the self-identify of operational risk issues. Job Specification Bachelor Degree holder in relevant fields. Preference for professional or post graduate qualifications e.g. Chartered Accountant, CFA, MBA. No Regulatory or Licensing requirements. More than 5 years work experience of similar risk management capacity in established bank / financial institutions with relevant first line experience preferred. Technical/Functional skills Knowledge of non-retail credit risk, finance and accounting skills, particularly in relation to Financial Institution Sectors Understanding of loan structuring and legal matters and in-depth knowledge of treasury products and relevant documentation, including the rules and regulations in the domestic and international market Knowledge of local regulatory requirements Personal skills (Soft Competencies [Core/Leadership]) Strong interpersonal skills Excellent verbal and written communication skills in English Highly motivated and committed