Current jobs related to 23649791 Icm - Vp Cm Collateral Risk Manager - Singapore - CITICORP INVESTMENT BANK (SINGAPORE) LIMITED
-
Icm Collateral Risk Manager
2 weeks ago
Singapore Citi Full timeICM Collateral Risk Manager (APAC) Job Summary The Collateral Risk Manager is a key member of the in-business credit risk function with responsibility for the collateral that underpins the bank’s lending and trading activities in the APAC region. Working closely with individual business units and with the second-line risk management function, the...
-
Icm Portfolio Manager
7 days ago
Singapore Citi Full timeInstitutional Credit Management (ICM) works closely with our ICG businesses to serve as a critical component of our First Line of defense for wholesale and counterparty credit risk management and also with our Independent Risk partners to ensure best-in-class risk and controls, as well as client responsiveness. Key responsibilities include portfolio...
-
Market Risk Manager, Collateral Management
2 weeks ago
Singapore Bank of Singapore Full time**Market Risk Manager, Collateral Management (AVP/VP)** **-** **(**240001I5**)** **Description** Collateral Risk Management Team oversees the management of market risks arising from collateral received in connection with BoS client’s borrowing against security and derivative trading activities. The team’s objective is to manage risk efficiently and...
-
Icm Real Estate Credit Underwriter Svp
2 weeks ago
Singapore Citi Full timeCiti continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM’s objective is to provide integrated “end-to-end” credit...
-
Cms Analyst
2 weeks ago
Singapore Barclays Full time**Collateral & Margin Services (CMS) Analyst** **Singapore** As Barclays CMS Analyst, this is an exciting opportunity where you will be part of the Collateral, Margin and Valuation Services (CMVS) team. This role provides critical experience and expertise to the Barclays collateral function during a time of unprecedented regulatory change, contributing...
-
Operational Risk Manager
2 weeks ago
Singapore VP Bank Ltd Singapore Branch Full timeVP Bank Ltd was founded in 1956 and, with over 1'000 employees, ranks amongst the largest banks in Liechtenstein. VP Bank is present with offices in Vaduz, Zurich, Luxembourg, Singapore, Hong Kong and Road Town (British Virgin Islands). Its core competencies include the development of tailor-made financial solutions for intermediaries and private individuals...
-
Icm Portfolio Management
7 days ago
Singapore Citi Full timeInstitutional Credit Management (ICM) works closely with our ICG businesses to serve as a critical component of our First Line of defense for wholesale and counterparty credit risk management and also with our Independent Risk partners to ensure best-in-class risk and controls, as well as client responsiveness. Key responsibilities include portfolio...
-
Icm Real Estate Credit Senior Underwriter
4 days ago
Singapore Citi Full timeCiti continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently manage credit risk activities performed across its Institutional Client Group organization. ICM’s objective is to provide integrated “end-to-end” credit...
-
Icm Transformation
4 days ago
Singapore Citi Full time**Function background / context**: **The Institutional Credit Management (ICM) team is a critical component of Citi’s First Line of Defense for wholesale lending and counterparty credit risk. ICM partners with businesses Citi-wide to ensure we have best-in-class risk and control capabilities. ICM also plays an important role in Citi’s Transformation...
-
Risk Manager
2 weeks ago
Singapore Bank of Singapore Full timeRisk Manager - Market Risk, Collateral Risk Management (AVP) At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides...
23649791 Icm - Vp Cm Collateral Risk Manager
3 weeks ago
**Job Summary**
The Collateral Risk Manager is a key member of the in-business credit risk function responsible for collaterals that underpin Citigroup’s wholesale lending and trading activities in the APAC region. Working closely with individual business units and with the second-line risk management function, the Collateral Risk Manager is part of a specialized team overseeing the management of collateral across multiple business units, identifying, and responding to exceptions in the use of collateral and monitoring collateral-related risks across all businesses in the region.
This is a new role in a rapidly growing area of the firm and provides an excellent opportunity for a dynamic, innovative, and results-oriented individual to take the next step of their career path and to play a key role in the development of a new department within the firm.
**The Team**:
In line with its focus on risk and controls, Citi has created a new first line risk function, Institutional Credit Management (ICM). ICM’s principal focus is credit risk: it has been established with the objective of providing integrated “end-to-end” credit underwriting, and the management of associated risks for wholesale credit businesses across the enterprise.
Within ICM, the Collateral Risk Management group focuses on the monitoring and management of risks relating to collateral posted and received in connection with Citi’s wholesale trading and banking book activities. The Collateral Risk Management group consists of the global team and a regional team in APAC of which this role forms a key part.
**The Mission**:
Collateral Risk Manager works in the APAC regional team which is tasked with operating the collateral risk function in the APAC region, covering both banking book and trading book collaterals. The role reports to the APAC Head of Collateral Risk Management.
Key benefits include the development of an unusually broad perspective on the firm’s activities (across both banking book and trading book), the acquisition of specialized knowledge of regulatory developments and the Bank’s financing practices, exposure to senior leadership and a rewarding, creative, and dynamic working environment.
**The Role**:
The Collateral Risk Manager is responsible for overseeing the risk management of collateral assets in the APAC region. Their main roles and responsibilities include:
- Collateral risk management: Responsible for the development and implementation of collateral risk management strategies relating to all collateral assets within APAC, and make recommendations for appropriate actions, such as collateral substitution or liquidation.
- Risk assessment: Assess the risk associated with the collateral assets within APAC. This involves analyzing the quality and value of the collateral, identifying any potential risks, and implementing risk mitigation strategies for collateral that is at risk of default.
- Risk structuring: Collaborate with the lines of business and other stakeholders to establish appropriate collateralization terms and to agree exceptions to standard provisions where justified.
- Reporting: Responsible for preparing and presenting reports to senior management and other stakeholders regarding the status of collateral assets within the region. This includes providing regular updates on the performance of collateral portfolios, identifying any emerging trends or risks, and making recommendations for risk mitigation strategies.
- Compliance: Ensure that all collateralized wholesale credit exposures within APAC comply with internal policies and procedures relating to collateral, as well as external regulatory requirements. Work with individual businesses and underwriting teams to ensure that all requirements relating to collateral valuation, control, documentation, and monitoring are met.
- Stakeholder management: Work closely with other stakeholders, such as clients, regulators, and auditors, to ensure that collateral management activities within APAC are aligned with the needs and expectations of these stakeholders.
- Project management: Manage projects and programs that relate to collateral from time to time. The role will take the lead on specific collateral initiatives, actively participate in other collateral projects, and maintain an overview of all current transformation and credit risk programs impacting collateral.
**Qualifications and Experience**:
- Bachelor's degree or equivalent experience
- 5+ years relevant experience in Financial Services
- Experience in credit risk management and knowledge of the role of collateral in mitigating credit risk
- Knowledge of the characteristics of individual collateral types, particularly real estate, physical assets, and other non-financial collateral
- Highly analytical & creative mindset
- Strong and impactful presentation skills
- Self-motivated, meticulous, and a quick learner
- Ability to work well under pressure, in a front office environment
- Excellent co
