Head of Credit Management

3 weeks ago

Singapore MERRIES EMPLOYMENT LLP Full time
Roles & Responsibilities

Reporting Line: Direct reporting to COO

Location: Central Business District

Roles & Responsibilities

  • The Head of Credit Management will lead the firm's credit operations, implementing risk policies, processes, and strategies to ensure effective risk management and support business growth.
  • Lead the Credit Management department, ensuring policies, systems, and procedures align with business objectives and industry standards.
  • Review and manage trading representatives' and clients' trading exposures and limits.
  • Monitor the collection of outstanding contra losses, prepare and review monthly status reports, and address escalations effectively.
  • Liaise with solicitors on litigation matters and represent the firm in credit-related legal and regulatory inquiries.
  • Respond to Stock Exchange (e.g., SGX) queries related to trading representatives or clients.
  • Approve various requests, including amendments, payment extensions, privilege waivers, and trust account withdrawals.
  • Oversee financial matters such as remisiers' commission payments, dealer statements, and payouts, ensuring compliance with risk and credit policies.
  • Address complaints from trading representatives and clients professionally while adhering to regulatory and internal policies.
  • Develop and enforce systems and controls to manage risk exposures, ensuring compliance with SGX, MAS, and other regulatory requirements.
  • Provide strategic insights and detailed reports to senior management, highlighting credit risk trends, regulatory updates, and mitigation strategies.
  • Monitor trading exposures and manage contra losses proactively.
  • Ensure alignment with regulatory requirements and implement robust credit risk management practices.
  • Handle client and trading representative queries, including those from Stock Exchanges, in a timely and accurate manner.

Requirements:

  • A degree in Business, Finance, or Economics; a master's degree or relevant certifications (e.g., CFA, FRM) is preferred.
  • At least 15 years of experience in credit risk management or related roles within the securities brokerage or financial industry.
  • Strong analytical and risk assessment capabilities.
  • Comprehensive knowledge of financial products and regulatory frameworks, including SGX and MAS requirements.
  • Exceptional skills in stakeholder management and communication.
  • Proven experience in leading and managing teams.
  • Detail-oriented with excellent problem-solving and decision-making skills.

By sending your job resume to us, it shall be deemed that you have agreed and hereby give your consent to Merries Employment LLP in collecting, using and/ or disclosing your personal data for the purpose of accessing and processing your job application and/ or for future job opportunities within Merries and/ or with the client(s) of Merries. If you wish to withdraw your consent, please notify us.

We regret to inform only shortlisted candidates will be notified.

Merries Employment LLP

EA Licence No: 14C7362

Posting Personnel: Kong Fong Ting

EA Personnel Registration No: R1987853

Tell employers what skills you have

Credit Risk Management
Brokerage
Risk Assessment
Litigation
Credit Management
Risk Management
Securities
Economics
Compliance
Regulatory Requirements
Stakeholder Management
Credit Risk

  • Head of Credit Management

    7 days ago

    Singapore MERRIES EMPLOYMENT LLP Full time

    Roles & Responsibilities Reporting Line: Direct reporting to COO Location: Central Business District Roles & Responsibilities The Head of Credit Management will lead the firm's credit operations, implementing risk policies, processes, and strategies to ensure effective risk management and support business growth. Lead the Credit Management...

  • Director, Head of Credit Portfolio Management and Transactions

    2 weeks ago

    Singapore Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** **What will you do?** - Primary responsibility to have oversight on credit transaction monitoring and processes including but not limited to: - Control & Monitoring: Shortfall management and portfolio monitoring. Ensure smooth and diligent management of shortfalls and closeouts. Aside from general portfolio...

  • Head of Credit Risk

    1 week ago

    Singapore Ethos BeathChapman Full time

    Head of Credit Risk – Securities and Brokerage Firm Join to apply for the Head of Credit Risk – Securities and Brokerage Firm role at Ethos BeathChapman . Role Overview We are seeking a seasoned and strategic Head of Credit Risk to lead the credit risk function for our securities business. This role involves establishing, implementing, and...

  • Credit Analyst

    2 weeks ago

    Singapore CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK Full time

    **Position Summary**: Focus on corporate files belonging to the CIB business line in Singapore, Malaysia, Indonesia and Thailand as well as corporate files under SFI Coverage. **Key Responsibilities**: - Undertake preparation / updating of financials in Anadefi. - Assist in the analysis & writing of concise credit files, ensuring that all relevant...

  • Head of Credit Management

    2 weeks ago

    Singapore Maybank Investment Banking Group Full time

    Overview Maybank Securities, a leading brokerage and investment bank with a reach extending across ASEAN, the UK and the US, offers a comprehensive suite of services. These include corporate finance & advisory, navigating debt and equity capital markets, derivatives trading, brokerage and research for both retail and institutional investors, and prime...

  • Managing Director, Head of Credit Risk Management

    5 days ago

    Singapore MUFG Bank, Ltd., Singapore Office Full time

    **Do you want your voice heard and your actions to count?** Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term...

  • Itac Credit Trader

    1 week ago

    Singapore CREDIT INDUSTRIEL ET COMMERCIAL Full time

    **JOB ROLE DESCRIPTION - SUMMARY** The ITAC Trader acts as a Market Operator (or “Opérateur de marché” in French) in accordance with the Crédit Mutuel Alliance Fédérale’s job description framework. He/she carries out, within the framework of the rules and limits set by the bank and the hierarchy, market operations enabling the bank or the clients'...

  • Credit Risk Manager

    1 week ago

    Singapore UNIVERZ HR CONSULTING PTE. LTD. Full time

    **Roles & Responsibilities**: 1. Assist the Head of Risk Management to establish and optimize the Company's risk management system, improve the quality of credit risk analytics, and ensure the risk management processes in the Company are standardized and systematic in accordance to the company's risk management philosophy; 2. Assist the Head of Risk...

  • Credit Risk Manager

    5 days ago

    Singapore CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD Full time

    **Roles & Responsibilities**: - Assist the Head of Risk Management to establish and optimize the Company's risk management system, improve the quality of credit risk analytics, and ensure the risk management processes in the Company are standardized and systematic in accordance to the company's risk management philosophy; - Assist the Head of Risk...

  • Executive Director, Head of Credit Review Group

    2 weeks ago

    Singapore Sumitomo Mitsui Banking Corporation Full time

    This position is to supervise credit reviews to provide an independent credit risk evaluation of SMBC credit assets in Asia Pacific region as head of Credit Review Group (CRG) of Internal Audit Department, Asia Pacific Division (IADAP). - Credit assets include (but not limited to) exposures to Corporates, Structured Real Estate finance, Project Finance,...