Credit Risk Manager

3 days ago


Singapore Funding Societies | Modalku Group Full time

Funding Societies | Modalku Group is the largest SME digital financing platform in Southeast Asia. We are licensed in Singapore, Indonesia, Thailand, and registered in Malaysia. We are backed by Sequoia India and Softbank Ventures Asia Corp amongst many others and provides business financing to small and medium-sized enterprises (SMEs), which is crowdfunded by individual and institutional investors. As a Credit Risk Manager, you will be part of a team which is working to support our rapid growth at Funding Societies. Our credit team is responsible for making lending decisions. In addition to having a knack for problem-solving, it is absolutely crucial that you are willing to learn, understand and adapt to the fast-paced environment.

Credit Assessment and Risk Analysis

  • Analyze risks, exposures, and perform due diligence for loan applicants using a proprietary platform, ensuring comprehensive risk assessment of SME clients.
  • Evaluate the financial health of applicants through financial statements, market data, and industry trends, while considering macroeconomic factors that may impact the creditworthiness of the business.
  • Balance credit risk and business risk by using analytical judgment to make educated and well-informed decisions on loan approvals.
  • Conduct ongoing macro-economic, industry, and market analysis to understand potential impacts on the loan portfolio and provide recommendations for strengthening credit strategies.

Loan Evaluation and Decision Making

  • Evaluate, recommend, approve or reject applications based on creditworthiness, following established credit policies and standard operating procedures.
  • Recommend loan/facility amounts, repayment terms based on credit risk profiles while adhering to the Company's risk management guidelines.
  • Provide risk mitigation strategies for identified risks, such as enhanced collateral or structuring of loan terms, to protect the Company from potential defaults.

Credit Risk Management and Portfolio Oversight

  • Perform data management and maintenance to ensure the accuracy, integrity, and performance of the SME credit portfolio, supporting a comprehensive risk framework.
  • Develop and implement credit rating models and management processes for SME customers to ensure a robust credit rating system that reflects the borrower's risk profile.
  • Monitor and manage the SME loan portfolio on an ongoing basis, providing a forward-looking view of portfolio performance and adjusting credit strategies based on emerging trends.

Reporting and Strategic Recommendations

  • Prepare regular reports on loan portfolio performance, highlighting risk areas and making recommendations to senior management for improving credit policies.
  • Take on special projects to support the company's strategic goals, including initiatives related to credit portfolio improvement, new market penetration, and risk management.

Requirements

  • Bachelor's degree in Finance, Accountancy, Economics, or related fields.
  • 3+ years of experience in working capital and trade underwriting, ideally in local SMEs, financial institutions, or Fintech firms.
  • Ability to balance credit and business risks for sound lending decisions.
  • Skilled in data-driven decision making and scenario analysis.
  • Strong verbal and writing skills, with the ability to meet deadlines.
  • Adaptable, goal-oriented, with strong work ethics and a passion for learning.

Benefits

  • Flexible working hours and remote work options.
  • Comprehensive health insurance coverage for employees and dependents.
  • Access to professional development opportunities and training programs.
  • Recognition and rewards for outstanding performance.
  • A dynamic and supportive work environment.

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