Senior Credit Risk Specialist

2 weeks ago


Singapore The Edge Partnership Full time
Job Description

The Edge Partnership is seeking a highly skilled and experienced Credit Risk Manager to join our team. As a key member of our risk management department, you will be responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group.

About the Role
  • You will have a Bachelor's or Master's university degree in a relevant field, such as Finance, Technology, Engineering, or Sciences.
  • With at least 10 years of experience in Credit Risk – Real Monies, Hedge Funds, you will possess a deep understanding of various financial products, including interest rate derivatives, commodities, FX, credit, and repo.
  • Your expertise in legal documentations, such as ISDA/CSA/GMRA negotiations, client due diligence, and initial margin setup, will be invaluable to our team.
  • You will be responsible for ensuring that material risk exposures and related issues are reported to the SCO RMF&HF Risk and that the quality of Business Credit Applications (BCAs) meets Group standards.
  • In addition, you will manage risk exposures of Real Money Funds & Hedge Funds portfolio, provide early warning and identify deteriorating credits, and manage exposure down as required.
Key Responsibilities
  • Identify, assess, monitor, control and mitigate risks to the Group.
  • Manage risk exposures of Real Money Funds & Hedge Funds portfolio.
  • Provide early warning and identify deteriorating credits.
  • Manage exposure down as required.
  • Ensure that material risk exposures and related issues are reported to the SCO RMF&HF Risk.
  • Ensure that the quality of Business Credit Applications (BCAs) meets Group standards.
  • Approve breaches of Portfolio Guidelines / Underwriting Guidelines, to the extent permitted under Credit Policy / Portfolio Guidelines.
  • Monitor compliance with Credit Policy and Portfolio Guidelines / Underwriting Guidelines periodically and review any divergence thereof with the SCO RMF&HF Risk.
  • Initiate stress tests as required by internal and external factors and review results and assess their implications.
  • Uphold the integrity of risk/return decisions, by challenging business to demonstrate that risk origination and control decisions are properly informed and consistent with strategy.
Requirements
  • Bachelor's or Master's university degree in a relevant field, such as Finance, Technology, Engineering, or Sciences.
  • At least 10 years of experience in Credit Risk – Real Monies, Hedge Funds.
  • Knowledge of various financial products, including interest rate derivatives, commodities, FX, credit, and repo.
  • Expertise in legal documentations, such as ISDA/CSA/GMRA negotiations, client due diligence, and initial margin setup.
Benefits
  • A competitive salary range of $150,000 - $250,000 per annum, depending on experience.
  • An excellent benefits package, including health insurance, retirement plan, and paid time off.
  • Opportunities for professional growth and development within our organization.


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