Business Function

Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.

Principal Responsibilities

• Specific Provision: Conduct Net Specific Provision (NSP) budget exercises, which involve estimating future losses as part of profitability assessment for up to three years.

• Portfolio Monitoring: Continuously monitor portfolio performance, credit trends, and concentrations to identify emerging risks and adverse trends that may impact provisions.
• Reporting and Analysis: Prepare detailed monthly dashboards, analysis reports, and management information (MI) on asset quality, impairment charges, coverage, and credit risk drivers for various business segments and products.

• Regulatory Compliance and Reporting: Ensure that credit risk reporting, including impairment and provision adequacy, aligns with regulatory requirements and internal policies. Collaborate with compliance and regulatory reporting teams for submission to relevant authorities.
• Variance Analysis: Provide value-added analysis and interpretation of key risk KPI drivers, including variance against budget and forecasts for provisions.
• Policy and Procedure Adherence: Ensure strict adherence to credit risk policies, procedures, and governance frameworks related to provision management.
• Cross-functional Collaboration: Work closely with other departments such as finance, product, sales, operations, and audit to ensure alignment in risk management practices and data consistency

Qualifications

• Bachelor's or Master's degree in Finance, Accounting, Risk Management, Economics, or a related quantitative field.
• Minimum 5-8 years of experience in credit risk management, with a strong focus on provision projection, impairment analysis, or risk analytics within the banking sector.
• In-depth knowledge of IFRS 9 and other relevant regulatory standards for credit provisioning.
• Strong analytical and quantitative skills, with proficiency in data analysis software (e.g., SAS, SQL, Python).
• Excellent written and verbal communication skills, with the ability to present complex information clearly.
• Ability to work independently and collaboratively in a fast-paced, deadline-driven environment.

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

We regret only shortlisted candidates will be notified.

Location:
One Island East

Job:
Risk Management

Schedule:
Regular

Employee Status:
Full time