Private Banking Credit Risk Lead

3 days left

Credit Suisse
Singapore, Singapore
30 Jun 2021
30 Jul 2021
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, we have a global reach with operations in about 50 countries and employ more than 45,000 people from over 150 different nations. Embodying entrepreneurial spirit, Credit Suisse delivers holistic financial solutions to our clients, including innovative products and specially tailored advice. Striving for quality and excellence in our work, we recognize and reward extraordinary performance among our employees, provide wide-ranging training and development opportunities, and benefit from a diverse range of perspectives to create value for our clients, shareholders and communities. We are Credit Suisse.

We Offer
As part of the role, your responsibilities include:
Credit Analysis and Credit Decision
  • Seek to perform analysis of the counterparty, underlying credit risk and transaction structure of SEA PB Credit Facility (Lombard and Mortgage)
  • Assess the quality & suitability of the collateral being offered (including liquidity & concentration), the exposure risk, highlight the key risk drivers/issues
  • Generate the counterparty & collateral risk ratings and communicate the rating rationale, if required
  • Understand and apply the Bank's Global / Regional Credit Policies/ Manual, negotiate with deal team on risk mitigating strategies / condition to enhance the risk profile
  • Exercise credit judgement within delegated credit authority, present the credit request to senior management for approval
  • Perform timely facility review and checking against all conditions and covenants are fulfilled as per approval
  • Report timely and present the facility to Watch-list committee and early engagement with Recovery Team
Credit Monitoring / Exposure Management
  • Monitor the market, regulatory, macro-economic and political developments and proactively take actions to minimize the portfolio impact. Conduct ad-hoc scenario / sensitivity analyses
  • Perform / review exposure monitoring tasks on a daily, weekly, monthly basis, enforce credit breach, margin calls and liquidations if required
  • Coordinate with Credit Risk Control and Risk Analytics and Reporting department to ensure that the exposures are adequately reflected in the risk system
  • Strong, effective partner management skills and able to perform the 2nd line of defense' role to ensure risk taking activity is prudent, within the risk appetite, relevant risk limits, and/or operational capability of the firm.
  • Collaborate closely with Internal / External Auditor, Credit Risk Review
Support Strategic Initiatives and Projects
  • Agent of change: constantly reappraise the way we operate and execute our agenda, adopt change, drive efficiency and innovation
  • Provide support for various technology based transformation, &/or process and methodology changes
Team/ Talent Management
  • Develop and grow a new offshore Credit Analyst Team and /or being the team-lead for Singapore based Credit Officers
Your future colleagues
The Credit Risk Management team manages the credit risk exposures taken to Credit Suisse's APAC Private Banking clients across Singapore, South East Asia and Australia.
The department values Diversity and Inclusion (D&I) and is committed to realizing the firm's D&I ambition which is an integral part of our global cultural values

You Offer

You are expected to possess the below:
  • University degree holder, preferably in finance, maths, business, accounting. Professional qualifications such as CFA / MBA is preferred
  • Minimum 8 years of work experience, in Credit Risk or Wealth Management, with knowledge in capital markets and derivatives. Added advantage with experience on Private Banking Mortgage Loan
  • Independent judgement with strong analytical and risk assessment skills. A wide degree of sense of ownership and can-do-latitude.
  • Excels in team-work and collaboration
  • Result oriented, dedicated, hardworking and can work on own initiative whilst also working under pressure to deliver on time with a high level of integrity, sense of urgency, attention to detail and quality standard
  • Understands the value of diversity in the workplace and is dedicated to fostering an inclusive culture in all aspects of working life so that people from all backgrounds receive equal treatment, realize their full potential and can bring their full, authentic selves to work

Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.

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