Credit Risk

**Job purpose**:
The Graduate Trainee Programme is designed to train recent graduates to become a successful Credit Officer (CO) in the Corporate Credit Risk Team in Commerzbank that covers regional business in Asia (ex-China and Japan). The duration of the program is 18 months and applicants must have graduated within the past 12 months. During this period, you will be given relevant on-the-job training and mentoring by working closely with the other senior team members.

The Programme will provide you with a holistic training of the different type of credit risk analysis skills employ by Commerzbank to assess the variety of our customers in the region. You will also be gradually introduced to the various internal and external credit-related policies and guidelines which will provide you with a sound foundation to perform your role well.

**Key activities**:
Support COs to improve risk result and risk quality (risk mitigation) of the credit portfolio, and to ensure a well-balanced situation between risk and earnings. With training and guidance from COs and Credit Administrator (CA), to develop skills and competency in the following areas:

- Gathering of information about customer, as well as about current development of respective industry sector (participation in customer visits if possible).
- Ensure a consistent, risk-sensitive and rule-compliant credit rating assessment.
- Risk identification and early recognition, perception of potential risks.
- Classification of risk (depending on the situation) in dialogue with other COs to guarantee a consistent and coherent credit risk approach.
- Post-decision, to communicate with relevant departments to initiate documentation, check credit-risk related conditions precedent and/or initiate limit set-up in the systems.
- Monitor and follow-up on approval conditions and covenants which are credit risk-related.
- Familiarise with internal credit risk guidelines and policies.

**Formal education**:

- Recent graduates with not more than 1 year of professional work experience (excluding internships)
- University degree in Accounting / Business / Financial discipline.
- Other postgraduate of professional qualifications in finance related fields

**Specialist knowledge (work experience, further qualification)**:

- Basic understanding of corporate/commercial banking products is required
- Ability to read and understand financial statements for both listed and private companies
- Ability to work on tight deadlines
- Good verbal and written communication skills in English
- Additional language skills (such as German / Mandarin) would be added advantage
- Digitally Savvy and keen to learn more
- Self-motivated and resourceful
- Quick learner and able to adapt quickly
- Team player and good interpersonal skills
- Keen to participate in and manage ad-hoc projects
- Meticulous and highly motivated to achieve results
- Singaporeans and PRs are preferred
- Have the right to work in Singapore: Valid student visa for undergrad intern & eligibility to work in Singapore for graduate intern

**Why Join Us**:

- Hands-on experience and regional exposure
- Work alongside experienced professionals in a dynamic and supportive environment.
- Competitive Monthly Salary of up to $4500
- Annual leave of 21 days
- Medical Benefits
- Potential for full-time opportunities based on business needs.

**About Us**:
Commerzbank AG Singapore branch is the Asia Hub of the largest German SME bank providing a bridge between Asia and Germany. With subsidiaries, branches and representative offices in over 40 locations, Commerzbank has a strong international presence.