Risk Management Specialist, Private Wealth Credit Solutions
5 days ago
We are seeking a highly skilled Risk Management Specialist to join our Private Wealth Credit Solutions team at Sumitomo Mitsui Banking Corporation. As a key member of our team, you will be responsible for designing, implementing, and maintaining risk control and monitoring parameters across the SMBC Group.
Responsibilities
- Support the Head of Credit Solutions in developing and maintaining risk control and monitoring parameters to ensure the risk profile of the portfolio aligns with risk appetite.
- Collaborate with the Risk and Legal teams to evaluate individual lending proposals and provide end-to-end support from credit evaluation to loan approval and post-disbursal monitoring.
- Support the launch of new initiatives, including new product approvals, systematic monitoring, and control initiatives, collateral management, and risk appetite framework.
- Partner with senior management teams to deliver financial objectives, prioritize, and drive execution of key initiatives, and ensure cohesive teamwork across businesses and functions.
- Implement and execute regular and ad-hoc stress tests as required by regulators and internal parameters.
- Coordinate and work closely with Risk, Compliance, Internal Audit, Credit, Planning, and other control functions, including SMBC Head Office and group companies, to enhance cooperation and capabilities.
Requirements
- University Degree
- Strong background in private bank credit and passion for establishing guidelines, monitoring control, system, collateral management, and risk grading.
- 10+ years of experience in performing similar roles in the APAC financial industry, with emphasis on candidates who have had exposure to structured lending, establishing framework for new products, and driving portfolio management and monitoring in private wealth business.
- Experience in credit analysis and approval process, credit policies, documentation, stress testing, processes and controls, monitoring, regulatory interpretation, and risk appetite.
- Proven track record and accountability in providing clarity in complex problems.
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