Risk Manager

1 week ago


Singapore X STAR TECHNOLOGY PTE LTD Full time

Job Summary:
We are seeking a skilled and proactive Risk Manager to joinour auto finance startup. As a Risk
Manager, you will beresponsible for identifying, assessing, and mitigating risksassociated with
our lending activities. Your role willinvolve developing and implementing risk management
strategies, monitoring risk exposures, and ensuring compliancewith internal policies and
regulatory requirements. Youwill play a crucial role in safeguarding our business frompotential
financial losses and maintaining a healthyloan portfolio.
Responsibilities:
1.Develop and implement risk management strategies, policies, andprocedures to identify,
assess, and mitigate risks inour lending activities.
2. Monitor and evaluate credit,market, operational, and regulatory risks associated with the
auto finance business.
3. Conduct risk assessmentsand analysis to identify potential vulnerabilities and areasfor
improvement.
4. Develop risk managementframeworks and methodologies to ensure a systematic and
consistent approach to risk identification, measurement, andmitigation.
5. Collaborate with cross-functional teamsto ensure risk management practices are integrated
intobusiness processes and decision-making.
6. Stay updatedon industry trends, regulatory changes, and best practices in riskmanagement.
7. Monitor and assess credit portfolios,identifying potential credit risks and early signs of
credit deterioration.
8. Analyze loan data andtrends to identify patterns and potential risks.
9.Implement risk monitoring tools and systems to track and report onrisk exposures.
10. Prepare and present risk reports tosenior management and relevant stakeholders.
11.Coordinate with internal and external auditors, regulators, andcompliance teams to ensure
adherence to regulatoryrequirements.
12. Develop and deliver risk managementtraining programs to enhance risk awareness and
knowledge within the organization.
13. Collaboratewith the Credit and Underwriting team to establish appropriatelending criteria
and credit risk assessmentmodels.
14. Identify emerging risks and recommendproactive measures to manage and mitigate them.
15.Conduct stress tests and scenario analyses to assess the impact ofadverse events on the
loan portfolio.
16.Collaborate with external partners, such as insurance providers andcredit rating agencies, to
manage risk exposures.
17. Ensure compliance with relevant laws, regulations, andinternal policies in all risk
managementactivities.
18. Stay informed about industry bestpractices and emerging trends in risk management.
Requirements:
1.Bachelor's degree in Finance, Risk Management, BusinessAdministration, or a related field
(or equivalent workexperience). Master's degree in a relevant field is a plus.
2. Proven experience as a Risk Manager or in a similar riskmanagement role, preferably in the
auto finance industryor financial services sector.
3. Strong understanding ofrisk management principles, methodologies, and frameworks.
4. Knowledge of credit risk, market risk, operational risk,and regulatory risk.
5. Familiarity with relevant laws,regulations, and compliance standards in the financial
industry.
6. Proficiency in risk assessment tools,methodologies, and data analysis techniques.
7.Excellent analytical and problem-solving skills.
8.Strong attention to detail and accuracy.
9. Excellentwritten and verbal communication skills.
10. Ability tothink strategically and make informed risk managementdecisions.
11. Strong leadership and team managementabilities.
12. Proficiency in using risk managementsoftware and MS Office Suite.
13. Familiarity with riskassessment models and tools.



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