Credit Risk Manager (CCR)
1 month ago
Responsibilities:
Risk Identification & Mitigation: Identify, assess, monitor, and control risks for the Group, ensuring compliance with regula..
Responsibilities:
- Risk Identification & Mitigation: Identify, assess, monitor, and control risks for the Group, ensuring compliance with regulations and maintaining effective controls to mitigate financial and operational risks.
- Portfolio Management: Oversee risk exposures for Real Money Funds (RMF) and Hedge Funds (HF), identifying deteriorating credits, managing exposures, and providing early warnings.
- Policy Compliance: Ensure adherence to Credit Policy, Portfolio Guidelines, and Underwriting Guidelines, approving breaches where permitted and reviewing any deviations.
- Credit Analysis: Ensure Business Credit Applications (BCAs) meet group standards, focusing on thorough risk analysis and timely submission of credit portfolio data.
- Risk Reporting: Monitor and report material risk exposures, maintain accuracy in portfolio data, and ensure effective communication with stakeholders on risk issues.
- Deterioration Management: Support relationship managers in identifying and managing at-risk accounts and collaborate with the Special Assets Group to minimize losses and maximize recoveries.
- Stress Testing: Initiate and assess stress tests, reviewing implications to ensure the Group is prepared for internal and external risk factors.
- Governance & Stakeholder Relations: Implement and oversee the Risk Management Framework and Underwriting Guidelines, ensuring cooperative relationships with regulators, auditors, and internal stakeholders.
Requirements:
- Experience: 6+ years in Credit Risk, specifically in managing Real Money Funds and Hedge Funds.
- Product Knowledge: Proficient in financial products like interest rate derivatives, commodities, FX, credit, and repos.
- Documentation Expertise: Hands-on experience with legal documentation and negotiations, including ISDA, CSA, and GMRA agreements.
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