Purpose of the role
The primary responsibility of this position in Portfolio Management Unit (PMU) is to analyze data and support to design portfolio risk appetite parameters, and monitor credit risk as well as concentration risk at a portfolio level for Global Corporate & Investment Banking for APAC (“GCIB APAC”). It includes to input and calculate necessary data to set clear boundaries (e.g. pre-limits, attention, de-framing) for each of the key metrics, model potential stress scenarios to adapt the P&L to market conditions, and report and make recommendations to senior member / management regularly. Also, this position requires to liaise between front office and credit team to assess risks in credit portfolio in each sector and country, and update the monitoring framework.
Job Responsibilities:
- Collect and analyze necessary data to develop credit risk strategy and guidance of loan portfolio in sector / country across GCIB APAC.
- Establish portfolio risk parameters and set & monitor clear boundaries (e.g. pre-limits, attention, de-framing) for each metrics to manage credit risk and concentration risk in each sector / country.
- Update and enhance monitoring framework regularly based on market development / conditions including early warning indicators.
- Report and make recommendations to senior member / management regularly for new / updated guidance to continue to enhance credit risk management of the portfolio.
- Monitor the risk parameters in each sector / country and concentration risks within GCIB APAC compared with thresholds and targets and classify metrics into stages to take appropriate actions.
- Conduct periodic review of watch list portfolio as well as high risk transactions.
- Model potential stress scenarios to adapt the P&L to market conditions including potential increase in credit cost, provisions, and risk weighted assets in sector, country and overall GCIB APAC portfolio.
- Collaborate with RMs, sector teams, credit divisions, and risk management offices to develop credit risk strategy and update monitoring framework by reflecting latest market conditions.
- Lead communication to liaise with internal stakeholders to execute the portfolio strategy.
- Responsible for working closely with a direct supervisor and seek advice and guidance to contribute to the entire department.
- Manage resources in the team and continuously enhance process and tool.
- Continuously enhance process and tool in collaboration with relevant teams.
- Maintain the MIS tool and data appropriately to calculate and update risk monitoring framework.
- Manage own tasks independently and proactively which involves regular progress reports to direct supervisor.
- Follow directions from supervisor and manager and handle additional tasks.
Job Requirements:
- 5 years of experience working in the financial industry
- 3 years of experience in credit risk and concentration risk management at a portfolio level, credit cost, risk weight, and early warning framework.
- Experience in managing stakeholders.
- Good strategic planning skills and communication / presentation skills to influence stakeholders
- Completed relevant bachelor’s degree or above
We regret to inform that only shortlisted applicants will be notified.
Job ID: 10064883
