Key Responsibilities:
Credit Risk Management Strategy
- Supervise and effectively leverage on non-retail credit risk management Tools including, but not limited to, Rating Methodology, Early Warning Indicators (EWI), Risk Acceptance Criteria (RAC), Country Sector Limit, Global Country Limit, Stress Testing, Credit Delegated Authority and Non-Retail Credit Risk Portfolio Reporting, so as to ensure a robust and independent underwriting, approval and portfolio review process that is aligned with Board approved Risk Posture and Risk Appetite.
- Keep abreast of market and regulatory developments that could impact underwriting standards and asset quality. Make recommendations for changes in the various Tools as required
- Ensure timely initiation of client and/or portfolio reviews using the EWI framework, and timely and accurate classification of Watch List names, inclusive of corrective actions steps by the SBU’s.
- Ensure appropriate application and usage of the Credit Delegated Authority.
Business Performance and Management
- Manage underwriting and portfolio quality by working closely with Business Units to ensure Tools are understood and implemented
- Engage in back testing of trading programs (if necessary)
- Work closely and constructively with key stakeholders by building strong relationships and contributing to the Bank’s success from a non-retail credit scope.
- Any other responsibilities / task as assigned by HOD / COE Head from time to time.
People Management
- Take charge of personal development and training through the KPI, performance management processes and learning and development opportunities.
Regulatory Compliance
- Ensure credit approvals are done in compliance with all relevant regulatory requirements.
- (Where relevant) to engage with internal/external audits as well as regulators.
- Be actively involved and encourage the self-identify of operational risk issues.
