Managing Director, International Credit Division

5 days ago


Singapur, Singapore MUFG Bank, Ltd., Singapore Office Full time

Managing Director, International Credit Division page is loaded Managing Director, International Credit Division Apply locations Singapore Office Marina One time type Full time posted on Posted Yesterday job requisition id -WD

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Purpose of the Role

The primary responsibility of this position is to manage the Singapore-based credit team to ensure sound credit portfolio as well as robust risk management framework in the organization. This role includes making credit decisions for credit transactions for the bank's global customers, primarily based in APAC. Furthermore, this position entails liaising with the global headquarter in Tokyo and key stakeholders in other regions.

Job Responsibilities

Strategic

  • Collaborate with senior leadership to set goals and plan for the credit function

  • Steer and execute strategic planning initiatives and enhance the governance within the credit function, manage global and regional related projects

  • Engage Business stakeholders to shape strategy & business direction so it operates within risk appetite

  • Review & oversight of ICD credit portfolio, influencing and shaping capital allocation, credit quality and concentrations

Financial

  • Drive and support efficiency and simplification initiatives to reduce cost to serve and strengthen risk management

  • Ensure the personnel/cost management comply to the allocated division budget.

Customer

  • Collaborate with other departments and stakeholders to resolve credit-related issues

  • Support the development of 1LOD credit management & credit application writing skills and risk culture

  • Work in partnership with Relationship Managers/Credit Preparer in the originating offices to understand new credit applications and the nature of transactions, and highlight credit concerns, terms and conditions (in original applications) that do not meet the Bank's required standards.

  • Work in partnership with Head Office to ensure agreement in assessment of credit applications.

  • Work with Research team to obtain information, where necessary, to understand the customer and the market.

  • Work in partnership with Credit Administration and Credit Planning to get clarification of policy related issues and check that covenant checks are in compliance with the Bank's requirements.

  • Work in partnership with Tokyo Head Office and Regional Stakeholders on resource management for the division.

People

  • Lead, coach, and mentor team members, ensuring they receive appropriate training and development.

  • Identify Team training needs and support the design and delivery of training within ICD and to the Business

  • Coach Team members to develop staff skills, competencies and behaviors

Others/Control

  • Oversee the credit screening process to ensure clients' financial stability and minimize risks

  • Develop and implement comprehensive credit risk policies and procedures

  • Review and refine the credit application processes to ensure efficiency and effectiveness

  • Supervise planning activities and monitor the progress of various projects and initiatives

  • Resolve issues identified by internal audits and external regulators

Job Requirements

  • Bachelor Degree qualified

  • Minimum 15 years of working experience in the financial industry with, 5 years of working experience in risk management and credit assessment, managing credit portfolios and formulating credit policies

  • Proficient knowledge of international affairs, local politics, economics, and societal issues

  • Outstanding analytical and critical thinking skills

  • Possess deep insight and high ethical standards as a credit manager in the global field

  • Strong business acumen, decisive, with a high tolerance for stress

  • Exceptional leadership skills with the ability to manage a diversified team of 30

  • High interpersonal skills, able to effectively communicate with multiple stakeholders

  • Strong project management skills to lead global projects and execute multiple initiatives

  • Capability to collaborate with and negotiate between our global headquarters and key stakeholders

  • Extensive experience in dealing with regulatory authorities at both local and global levels

  • Proficient knowledge of commercial customs and legal regulations within APAC

  • Experience in business promotion covering global clients in APAC

  • Strong strategic planning skills

  • Communication and interpersonal skills to influence stakeholders

  • Strong management, coaching, mentoring and leadership skills to lead the team.

  • Sound decision-making skills, with a focus on risk and business operation

  • Proficient in both written and spoken Japanese to effectively communicate with Japanese stakeholders and senior management in Tokyo Head Office

  • Knowledge in regulatory requirements from JFSA (Japanese Financial Services Agency) would be advantageous.

MUFG Bank Ltd & MUFG Securities Asia Limited (collectively referred to as "MUFG") is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.

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At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them



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