Credit Control & Administrator (contract)

Employer
Morgan McKinley
Location
Singapore, Singapore
Salary
S$5-9k pm
Posted
05 Aug 2022
Closes
04 Sep 2022
Ref
16208250
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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

Similar jobs

Similar jobs