AVP / VP, Credit Control (Remedial & Portfolio Management)

Job title: AVP / VP, Credit Control (Remedial & Portfolio Management)

Company: Shanghai Commercial Bank


Job description: Incorporated in November 1950, Shanghai Commercial Bank Ltd. is one of the most well known local Chinese banks in Hong Kong. At present, there are more than 40 local and overseas branches. The Bank has always been pursuing the motto of its founder, Mr. Kwang-pu Chen, to ‘Serve the Community’. The Bank’s slogan of ‘For Personalized Service’ and ‘All in a Family’ denotes the Bank’s devotion to providing personalized services to its clients and promoting a harmonious relationship among its staff members.Responsibilities:

• Perform proactive credit monitoring and conduct portfolio review to identify potential credit risks and provide insightful recommendations on risk mitigation
• Perform analytical review on the credit risk portfolio and highlight areas of concerns with regard to the Bank’s risk appetite
• Identify potential problem credit via early warning alert for action when appropriate
• Drive the on-going MIS infrastructure enhancement to provide prompt & comprehensive portfolio information & in-depth review and recommendation
• Ensure all internal credit policies and procedures are adhered to bank policy or regulatory requirements
• Handle regulatory and external/internal audit onsite examination and conduct remedial action in accordance to agreed target completion date
• Independently assess the credit profile to evaluate the viability of the client as well as determine the account strategy of problem accounts
• Independently manage the debt restructuring & remedial actions for classified accounts including setting & timely execution of recovery strategy, negotiation with client/other creditors, taking legal action, liquidation of collateral and participation in bankers meeting
• Independently manage provisions for loan impairment in accordance to regulator and internal requirements.
• Proactively and closely monitor the progress of all classified accounts with regular reporting to Senior Management
• Provide regular updates on credit risk exposures with the prime objectives of internal and regulatory guidelines compliance
• Monitor, analyze, review and manage the credit risk with potential high-risk indicators and alert business units with recommended courses of action when appropriate
• Collaborate with business units to formulate account strategy and to monitor whether remedial action had been taken properly and timely
• Monitor the performance of credit facilities utilization for identification of early signs of credit deterioration
• Monitor the trend of problem accounts’ expected credit loss and report the change in provision levels

Requirements:

• Degree holder in Risk Management, Finance, Economics, Accounting or related disciplines, professional qualification of ECF-CRM is preferred
• At least 8-10 years of solid experience in commercial credit and risk management, special assets and credit monitoring functions in banking industry, minimum 5 years in supervisory role
• Strong understanding of legal and regulatory requirements and banking practices on credit risk management
• Experience in dealing with regulators and auditors
• Excellent analytical, technical and problem solving skills
• Self-motivated with strong risk control sense
• Effective communication, interpersonal and organization skills
• Candidates with substantial experience may be considered for the position of Vice President

We offer competitive remuneration commensurate with candidate’s background. If you look for a friendly and harmonious working environment with steady career progression, here is the right opportunity for you. Please submit your full resume with current and expected salary to the Human Resources Division by clicking “Apply Now” or visiting https://www.shacombank.com.hk/eng/about/career/Career.jsp.We are an equal opportunity employer.Applicants who are not contacted within 8 weeks may consider their application unsuccessful. Applications may be retained for 24 months for consideration of other suitable openings.All personal data collected will be used for recruitment related purposes strictly in accordance with the Bank’s personal data policies, a copy of which will be provided upon request by contacting our Personal Data Compliance Officer.

Expected salary:

Location: Hong Kong

Job date: Wed, 06 Nov 2024 08:15:57 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (jobsnear.pro) you saw this job posting.Thanks&Good Luck