Job Description
Our client is a Singapore based Fintech company. They need on contract for 6 months to support the needs of the organization. The candidate is likely to be made permanent after 6 months.
Key Responsibilities
The position is involved with Credit, Market, Operational and Liquidity risks in the Bank while the main focus shall be on Credit Risk, with the following responsibilities:
Core Responsibilities:
Establishing of Credit Rating system for the Bank.
Draft and develop Credit Risk Management policy for the Bank Credit Dept and review/update it from time to time for complying with the local/international banking law and regulations.
Develop Risk Management policy for the bank concerned sections.
Acquisition or development of decision support tools for commercial and retail credit.
Propose and promote a common risk culture and awareness to be accepted throughout the bank, in particular by the Bank’s Risk, Credit and Operation department.
Set up of procedure and guidelines for the establishing of credit committee, ALCO committee, individual accountability and majority voting etc.
Set objectives for measuring, monitoring, evaluating and mitigating the risk exposure of the bank and ensure that they are reported in a timely manner to regulatory entities and the management of the Bank.
Supervising the Risk Management department in delivering high quality and professional service to the Bank and the clients in the field of risk management.
Recommend and maintain proper approval processes for all transaction types to ensure proper risk control.
Determine the capital requirements and provisions for each of the Bank’s products and activities to ensure sufficient provision on the book at all time.
Risk Asset Review
Review of individual credit risk in accordance with the established Credit Rating System and Credit quality assessment.
Ensure that the Bank’s risks are properly addressed in terms of compliance with existing rules and regulations established by internal, local and international regulators.
Ensure that classified loans are reported and properly administered in the system of the Bank.
Portfolio Management
Establish procedure and execute Profitability and Risk analysis for the Bank frequently.
Develop predictive dynamic monitoring procedures/system for Risk Management Department.
Responsible for contacts with
💡 Quick Summary
Seeking a career-building opportunity? The Chief Risk Officer position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
