Manager, Credit

1 month ago


Singapur, Singapore ICBC Standard Bank Full time

Summary

Based in Singapore, the Asia Credit team supports ICBCS's activities with Asian-focused clients, covering roughly half of the Bank's business flows. The team forms part of the bank's global Credit function, including teams based in London (the Bank's global headquarters) and plays an increasingly important role in bridging the gap between ICBC Group's activities outside of Asia and the London office.

Job Purpose

Independently manage a dedicated credit portfolio of Asian Corporate and/or FI clients, associated with lending, trading, and investing activities across Commodities and FIC business lines.

Key Responsbilities

Full ownership of the portfolio's risk profile, including the origination of credit papers and credit ratings, full risk analysis and risk appetite recommendation, approval under own delegated authority or presentation to Credit Committee. Provide assistance and oversight to other corporate & FI credit analysts when necessary. Responsibilities may also include coordination and communication with ICBC Head Office in respect of Credit Risk related matters when required.

Asian focused portfolio including Greater China (including privately owned and state-owned enterprises). Covers a range of sectors including but not limited to:

Base, precious metals and energy smelting / refining, Precious, base metals and bulk commodities trading, Diversified industries.

Products include:

Physical commodity prepayments, leases, tolling, consignments, repos and trading, FX/Derivatives products, Margined and unmargined OTC and exchange-traded commodities derivatives, Long-term rates and FX hedging for corporate debt facilities and project / asset financings, Single stock equity forwards/repos, structured lending.

Day-to-day responsibilities:

Covenant and conditions setting and monitoring, Provide input on the credit terms of ISDA/CSA and GMRA negotiations, Understanding of the core features of documentation and emerging market jurisdictional challenges (ISDA/CSA, Futures & Options Agreements, Letters of Credit, Physical Sale and Purchase Contracts, Loan / Prepayment Agreements, SBLCs etc...), Daily management and escalation of portfolio irregularities, including limit excess management Assisting in the management of any problem credits in the portfolio, Clear articulation of risk appetite and providing guidance on deal structure as necessary. Participate in projects as delegated from time to time. Coordination with ICBC Head Office on Credit Risk related matters

Required Skills, Knowledge, Experience and Values:

Knowledge, technical skills and expertise

Technically proficient in the interpretation and analysis of audited financial statements for Corporate entities and / or FIs Strong credit risk analysis skills and the ability to provide quantitative and qualitative risk assessments. Familiarity with Credit Rating Models, including incorporating PDs & LGDs in credit analysis Prior experience undertaking credit analysis of Corporate clients and / or FI counterparties for a recognized Financial Institution. Good understanding of lending and trading / derivative products , including the generation of related credit risk exposures Understanding of wider risk aspects, including legal, compliance, operational and reputational risks. Experience of operating within a personal Delegated Authority framework would be an advantage.

Personal attributes:

Fluent in written and spoken Mandarin to assist in communications with other ICBC Offices and our Chinese client base. Flexibility and proactivity. Professional and confident to engage with senior management and external clients. Attention to detail Ability to present information clearly and concisely in written and verbal form Willingness to take decisions independently but comfortable working in a team environment.

The role would suit someone who:

Is able to communicate clearly and with good attention to detail Proactive, flexible and eager to be part of an established global markets and commodities franchise
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