Non-Retail Risk Senior Specialist

Job title: Non-Retail Risk Senior Specialist

Company: CIMB


Job description: Job Description:Job PurposeAs Second Line of Defence, responsible for identifying, evaluating, measuring, mitigating and monitoring of credit risks and portfolio management of CIMB Singapore’s Commercial Banking and Corporate Banking businesses are within the approved risk appetite on an on-going basis.Job ResponsibilitiesCredit Evaluation & Decision Making for Non-Retail covering Commercial Banking and Corporate Banking * Provide independent and sound credit assessment and evaluation that align with credit underwriting standards and risk policy / framework / risk appetite / risk posture within the stipulated turnaround time with the objective of providing sound credit recommendations on credit proposals to the Group’s Credit Committee(s) as well as EXCO / Board for decisions; and ensure appropriate balance is considered in risk-return decisions such as asset quality and RAROC / financial targets to minimise the probability of credit losses.

• Exercise credit delegation authority, where granted, according to the Joint Delegated Approval (JDA) jointly with BUs of CIMB Singapore.
• Drive effective risk management using appropriate credit risk management tools / methodologies including, but not limited to, Rating Methodology, Early Warning Indicators (EWI), Watchlist Framework, Risk Acceptance Criteria (RAC) and Stress Testing (including thematic review) to ensure robust underwriting and portfolio review in line with Risk Posture and Risk Appetite.
• Report and escalate to Senior Management / risk committees to optimize portfolio opportunities and for effective risk management.
• Drive the continuous improvement initiatives to improve productivity, enhance efficiency and quality, and improve control gaps (including post-approval review and processes) related to Non-Retail credit risk.

Credit Portfolio Management for Non-Retail covering Commercial Banking and Corporate Banking * Foster agility and growth mindset to manage and ensure the credit risk portfolio of CIMB Singapore’s Commercial Banking and Corporate Banking businesses, including asset quality, concentration risk and portfolio diversification are aligned with the bank’s approved risk appetite, risk posture and strategic objectives.

• Collaborate with CIMB Singapore BUs to drive insightful portfolio management initiatives in support of the business strategies and performance monitoring through effective MIS and portfolio reviews.
• Leverage on data-driven and deep-dive analysis / insights to identify, evaluate and monitor early warning signs of credit deterioration and / or adverse credit risk trends (including industry trends) to prevent potential credit losses; and provide strategic, insightful and forward-looking analysis on emerging risks to shape credit risk portfolio strategies.
• Support strategic alignment by driving the implementation of projects / initiatives to facilitate strategic evaluation of portfolio performance, identification of portfolio vulnerabilities and recommendation of risk mitigation strategies to safeguard the integrity and resilience of Non-Retail credit portfolio.

People Management – Customer and Employee Engagement & DevelopmentCustomer: * Drive collaboration with CIMB Singapore BUs/BEs, and other relevant cross-functional stakeholders within Risk.

• Build and maintain strong relationships and rapport with various business units, business support function units and other areas of risk management within CIMB Singapore.
• Promote and foster a collaborative and high-performance risk culture for sustainable growth.

Employee Engagement & Development: * Demonstrate strong leadership capabilities in leading and supporting the team’s development and performance management.

• Provide guidance and / or support to team members, ensuring alignment with the Bank’s strategic objectives and Group Risk priorities.
• Embrace CIMB EPICC culture and values.

Regulatory Compliance * Provide support to Singapore Risk in addressing MAS requirements and audit request, ensuring the Branch’s risk framework and practices are in compliance with the applicable banking laws, regulations, internal policies and procedures.

• Stay abreast of industry trends, regulatory developments and best practices in credit risk management to continuously enhance the bank’s risk management capabilities.

Job Requirements

• Degree in Economics, Finance, Accounting or numerate studies
• At least 15-20 years of experience in credit or corporate or commercial lending with focus on credit approval and portfolio management.
• Ability to work independently while also being a strong team player.
• Leadership qualities to inspire and mentor teams towards professional growth and continuous learning.
• Possess critical thinking capabilities including strong problem-solving, judgment and analytical skills.
• Agile and growth mindset with the ability to embrace change and drive innovation in risk management practices.
• Self-motivated and adaptable with strong initiative and desire to learn and develop.
• Excellent communication and interpersonal skills for effective collaboration across departments
• Proficient in Presentation slides and Excel.

**Only shortlisted candidates will be notified

Expected salary:

Location: Malaysia

Job date: Wed, 15 Jan 2025 06:36:26 GMT

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