Purpose of the role
The primary responsibility of this position in Portfolio Management Unit (PMU) is 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 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 management / committee regularly. Also, this position requires to liaise between front office and credit team to assess risks in credit portfolio in each sector and country, update the monitoring framework, and supervise a staff who supports the respective works.
Job Responsibilities:
- Develop credit risk strategy and guidance of loan portfolio in sectors / 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 management / committee 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 supervising a direct reporting staff and provide advice and guidance to contribute to the entire department.
- Manage resources in the team and continuously enhance process and tool.
- Provide various opportunities for individual development (coaching, career progression & training) for the staff with manager.
- Maintain the MIS tool and data appropriately to build and update risk monitoring framework.
- Demonstrate leadership for the responsibility and span of control, which involves a high level of interaction with senior stakeholders.
- Follow directions from manager and handle additional tasks.
Job Requirements:
- 7 years of experience working in the financial industry
- 5 years of experience in credit risk and concentration risk management at a portfolio level, credit cost, risk weight, and early warning framework.
- Experience leading teams and managing regional projects.
- Good strategic planning skills and communication / presentation skills to influence stakeholders
- Strong management skills, coaching, mentoring and leadership skills to lead the team
- Completed relevant bachelor’s degree or above
We regret to inform that only shortlisted applicants will be notified.
Job ID: 10064882
