Credit Risk Manager

1 week ago


Singapore ACHIEVE CAREER CONSULTANT PTE LTD Full time

ACHIEVE CAREER CONSULTANT PTE LTD is seeking a skilled Credit Risk Manager to join our team. As a Credit Risk Manager, you will be responsible for assessing the creditworthiness of SMEs or individuals applying for loans or credit by analyzing financial statements, credit reports, and other relevant data. You will evaluate the potential risks associated with extending credit to customers or counterparties, considering factors such as their payment history, financial stability, industry trends, and economic conditions. You will develop and implement credit risk policies and procedures to ensure consistent and effective risk management practices across the organization. You will also develop or utilize credit scoring models to quantify credit risk and make informed lending decisions. Additionally, you will monitor and manage the organization's credit portfolio, including identifying emerging risks, assessing portfolio performance, and implementing strategies to mitigate risk. You will ensure compliance with relevant regulations and guidelines governing credit risk management, such as Basel III requirements or local regulatory standards. You will communicate credit risk assessments and recommendations to senior management, stakeholders, and relevant departments within the organization. You will make credit decisions, including approving or rejecting credit applications, setting credit limits, and negotiating terms and conditions of credit agreements. To be successful in this role, you will require a strong analytical skillset, including the ability to evaluate financial data, assess risk factors, and develop effective risk management strategies. You will also need to have a solid understanding of financial principles, including accounting, financial statement analysis, and credit risk metrics. Familiarity with credit risk management concepts, methodologies, and best practices is essential, along with an understanding of regulatory requirements and industry standards. You will need to demonstrate integrity and ethical conduct in your decision-making processes, ensuring fairness and transparency in credit evaluations and lending practices. If you are a motivated and detail-oriented individual with a passion for credit risk management, we encourage you to apply for this exciting opportunity.


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