Director/Executive Director, Credit Solutions Team, - Corporate Banking Private Wealth Group
Full-time
Director/C-Level
2 weeks ago
Job Purpose
This is a role in SMBC’s Private Wealth Group and it includes supporting the establishment of credit and risk policies and responsibili..
Job Purpose
This is a role in SMBC’s Private Wealth Group and it includes supporting the establishment of credit and risk policies and responsibility for private wealth related credit products including structured lending (single stock financing), Lombard lending, mortgage lending and insurance related lending. The role will entail write up of credit proposals , working with the head of credit solutions to establishing the framework for such credit products including Loan-to-value (LTV) and exposure management on various types of collateral and monitoring of the credit exposures. The role also involves review of structured loan documentation and continuous updating and development of process manuals for such lending.
The role requires the person to work closely with various stakeholders including private wealth RMs (both in Nikko and SMBC), credit risk, legal, operations, compliance, planning, internal audit in the region, relevant departments in SMBC Head Office as well as group companies such as SMBC Nikko Securities.
Job Responsibilities
- Support the Head of credit solutions to design, implement and maintain risk control and monitoring parameters across SMBC Group (including policies, control standards, risk exposure limits and other control levers) to maintain the risk profile of the portfolio in line with risk appetite
- Work with the risk and legal teams to evaluate individual lending proposals and to ensure support from an end-to-end view, i.e., credit evaluation, write-up of credit proposals, loan approval, documentation and post disbursal monitoring.
- Support the launch of initiatives such as new product approvals, systematic monitoring and control initiatives, collateral management, loan to value management and risk appetite framework
- Partner with senior management teams to deliver financial objectives, prioritize and drive execution of key initiatives, and ensure cohesive teamwork across the businesses and functions
- Implement and execute both regular and ad-hoc stress tests as required by regulators and internal parameters
- Coordinate and work closely with Risk, Compliance, Internal Audit, Credit, Planning and other control functions including SMBC Head Office and group companies such as SMBC Nikko securities to enhance the cooperation and capabilities
Job Requirements
- University Degree
- A strong background in private bank credit and passion to establish guidelines, monitoring control, system, collateral management and risk grading.
- 10+ years in performing similar roles in the APAC financial industry is preferred with emphasis given to candidates who have had exposure to structured lending, establishing framework for new products and driving portfolio management and monitoring in private wealth business.
- Experience in credit analysis and approval process, credit policies, documentation, stress testing, processes and controls, monitoring, regulatory interpretation, and risk appetite.
- Proven track record and accountability providing clarity in complex problems
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