Head of Credit Risk Management (Chief Risk Officer)

Job title: Head of Credit Risk Management (Chief Risk Officer)

Company: HARBRIDGE PARTNERS


Job description: Our client a prominent Financial Services Group, is expanding its Virtual Banking business and is seeking a seasoned leader in Credit Risk Management. This role will serve as the deputy to the Chief Risk Officer (CRO), with a strong emphasis on SME and Commercial Banking credit risk, based in Hong Kong.Job Title: Head of Credit Risk Management (Chief Risk Officer)Location: Hong KongKey Responsibilities:

• Support the CRO in overseeing the financial and non-financial risk management of the virtual banking business.
• Lead the Credit Risk Management function for SME and Commercial Banking, ensuring effective and prudent management of the bank’s credit portfolio.
• Provide strategic leadership in credit lending management and oversee credit approval processes, guiding credit officers and analysts.
• Develop and implement credit risk policies and procedures to promote sound lending practices.
• Monitor and manage the credit portfolio to maintain a balanced risk profile.
• Conduct regular reviews and stress tests of the credit portfolio to proactively identify and mitigate potential risks.
• Oversee the credit approval process, ensuring compliance with regulatory requirements and internal policies.
• Evaluate and approve high-value credit applications, exercising expert judgment on complex credit decisions.
• Collaborate with senior management to establish credit limits and risk appetite for various lending products.
• Lead, mentor, and develop a team of credit officers and analysts, fostering a culture of excellence and continuous improvement.
• Ensure thorough credit assessments are conducted, providing accurate risk ratings.

Qualifications:

• Bachelor’s degree in Finance, Business Administration, Risk Management, or a related field.
• At least 15 years of relevant experience in credit risk management within SME or Commercial Banking, preferably from reputable traditional banks; experience in virtual banks is a plus but not mandatory.
• Strong analytical skills with the ability to make informed decisions under pressure.
• Proficiency in credit risk assessment tools and software.
• Experience in other financial and non-financial risk areas is advantageous.
• In-depth knowledge of HKMA regulatory requirements and industry best practices.
• Ability to collaborate effectively with cross-functional teams.
• Strong leadership skills with team management experience.
• Excellent communication skills in both English and Mandarin Chinese.

If this job isn’t quite right for you, but you know someone who would be great for this role, why not take advantage of our referral scheme?We offer HKD1000 in Apple gift cards for every referred candidate who we place in a role. Terms & Conditions Apply.https://harbridgepartners.com/referral-scheme/Please send an updated resume in English to our Managing Partner at ec(at)Harbridgepartners(dot)comInterested in this and other roles? Please send an updated resume in English to CV[-]harbridgepartners[dot]comOr contact +852 2523 9955 – and ask for Edward Chen, Richard Liu, Cora PangHarbridge Partners LimitedEmployment Agency License: 75427All applications applied through our system will be delivered directly to the advertiser and privacy of personal data of the applicant will be ensured with security.

Expected salary:

Location: Hong Kong

Job date: Thu, 26 Jun 2025 05:30:20 GMT

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