Credit Control & Administrator (contract)

Job Summary

• Singapore
• Permanent
• BBBH821278
• Jul 04, 2022
• S$5-9k pm

Job Description
Morgan McKinley is working with a European Private Bank who is currently looking to hire a credit admin professional to join their team to help with the day to day work.

Contract duration: 6 months

Job description

• Manage daily margin and limit excesses + collateral maintenance
• Send margin call notices / enforcement letters to clients via Relationship Managers (RM)
• Liaise with RMs to follow up on measures to be taken to regularize excesses (margin and limit excesses) + support RMs in business related queries
• Perform tracking /monitoring/escalation of covenants, internal approval conditions
• Prepare and be responsible for monthly internal MI reports, trackers and external regulatory credit reports to be submitted to CAC Asia, Head Office and regulators.
• Assist to develop/enhance processes, controls and reports to monitor risk exposures / approval conditions
• Close collaboration with Credit Structuring team, traders, legal and compliance on exceptional conditions monitoring issues, clients' trading position and regulatory issues respectively
• Input and maintain credit limits and other credit parameters such as risk groups, cross pledges, pricing, mortgages etc. in the system
• Perform portfolio analyses and market / issuer risk event monitoring for early identification of emerging collateral risks
• Perform analysis of marketable securities (stocks, bonds. structured products, mutual & hedge funds) for possible assignment of standard lending and weighting rates

Requirements/ Qualifications:

• Minimum 3 years of relevant experience in a credit risk/control position, ideally within the Private Banking/ Wealth Management sector.
• Proficient technically, especially strong in Microsoft Excel. Ability to use Bloomberg and macro programming skills will be an added advantage
• Ability to handle margin and limit excesses in challenging market environments
• Good understanding of credit processes and policies

Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as notification that you have not been shortlisted.

Morgan McKinley Pte Ltd

EA Licence No: 11C5502 | EAP Registration No: R1549612

Registration Name: Dhanushi De Silva