Credit Risk Manager

1 day ago


Singapore VAULT PERSONNEL PTE. LTD. Full time
Job Summary

Vault Personnel Pte. Ltd. is seeking a highly skilled Credit Risk Manager to join our team. As a Credit Risk Manager, you will be responsible for assessing the creditworthiness of SMEs and individuals, evaluating potential risks, and developing effective risk management strategies.

Key Responsibilities
  • Credit Risk Assessment: Evaluate the creditworthiness of SMEs and individuals by analyzing financial statements, credit reports, and other relevant data.
  • Risk Evaluation: Assess potential risks associated with extending credit to customers or counterparties, considering factors such as payment history, financial stability, industry trends, and economic conditions.
  • Risk Management: Develop and implement credit risk policies and procedures to ensure consistent and effective risk management practices across the organization.
  • Credit Scoring: Develop or utilize credit scoring models to quantify credit risk and make informed lending decisions.
  • Portfolio Management: Monitor and manage the organization's credit portfolio, including identifying emerging risks, assessing portfolio performance, and implementing strategies to mitigate risk.
  • Compliance: Ensure compliance with relevant regulations and guidelines governing credit risk management, such as Basel III requirements or local regulatory standards.
  • Communication: Communicate credit risk assessments and recommendations to senior management, stakeholders, and relevant departments within the organization.
  • Credit Decisions: Make credit decisions, including approving or rejecting credit applications, setting credit limits, and negotiating terms and conditions of credit agreements.
Requirements
  • Education: A Bachelor's Degree in finance, economics, or accounting.
  • Experience: 8-10 years' experience in credit risk analysis, underwriting, or portfolio management is often required, with increasingly responsible roles demonstrating a progression of skills and knowledge.
  • Skills: Strong analytical skills are essential for evaluating financial data, assessing risk factors, and developing effective risk management strategies. A solid understanding of financial principles, including accounting, financial statement analysis, and credit risk metrics, is necessary for success in this role.
  • Knowledge: Familiarity with credit risk management concepts, methodologies, and best practices is essential, along with an understanding of regulatory requirements and industry standards.
  • Communication: Effective communication skills are important for conveying complex information, presenting recommendations, and collaborating with cross-functional teams.
  • Attention to Detail: The ability to pay attention to detail is crucial for accurately assessing credit applications, identifying risk factors, and ensuring compliance with policies and regulations.
  • Decision-Making: Strong decision-making skills are needed to evaluate credit risk factors, weigh potential outcomes, and make informed lending decisions that align with the organization's risk appetite and objectives.
  • Software Proficiency: Proficiency in relevant software tools and systems used for credit analysis, risk modeling, and portfolio management is often required.
  • Integrity: Demonstrate integrity and ethical conduct in their decision-making processes, ensuring fairness and transparency in credit evaluations and lending practices.
  • Communication: Strong command of verbal and written communication.
Other Information
  • Salary: $6,000 to $8,000 monthly.
  • Working Schedule: 5 days work week.


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