$13K + AWS + VB + allowance
5 working days, Mon – Fri, normal office hours
Location: North
Responsibilities
- Assist the Head of Risk Management to establish and optimize the Company’s risk management system, improve the quality of credit risk analytics, and ensure the risk management processes in the Company are standardized and systematic in accordance to the company’s risk management philosophy;
- Assist the Head of Risk management to effectively implement and monitor the risk management processes for the subsidiary companies, including formulating and optimizing the risk control process, regular communication and early warning mechanism for the subsidiaries, implementing centralized credit risk control for the subsidiary companies. This include supervision, training and guidance for the risk control personnel at each subsidiary companies;
- Responsible for the credit evaluation of the Group’s trading counterparties, and provide recommendations for the credit ratings, credit terms, credit limits and credit risk mitigation measures of the trading counterparties in accordance with the credit framework approved by the Board of Directors, for approval by the Senior Management;
- Responsible for the management of trading counterparties’ credit limit and credit insurance, collection of market information, timely deactivation of high risk trading counterparties and reducing redundant credit limit, and strive for favorable credit insurance coverage limit of the company. Responsible for credit management of LC issuing bank and paper broker list;
- Responsible for daily monitoring of the credit status of counterparties, timely reporting abnormal situations to relevant departments and Senior Management, and to report on overdue balances, credit insurance and market developments to the Senior Management on a regular basis;
- Propose effective credit risk mitigation measures when the transaction credit exposure is above the company’s risk appetite, and control the credit exposure of all transactions within the risk framework approved by the Company’s board of directors and Senior Management;
- Responsible for liaising with relevant departments to carry out comprehensive evaluation of counterparty guarantee received by the company or subsidiary, and the follow-up monitoring work of these guarantees. This includes financing and non-financing guarantees issued by the Company as well;
- Understand legal, compliance and market risk related issues involved in the approval of credit;
Requirements
- Bachelor in Business/ Economics/ Finance/ other numerical discipline or equivalent;
- Minimum 8 years of relevant experience.
- Understanding of the Trading Industry & External Market, Regulatory Compliance & Credit Risk Management is a plus.
- Excellent communication and interpersonal skills
Competitive remuneration package will be offered to the shortlisted candidate.
Interested candidates, please send your updated CV in MS Words format stating your last drawn salary, expected salary, notice period and reason for leaving last / past employment(s) and email to recruit@caed.com.sg for priority processing.
To find out more job opportunities, visit Career Edge Asia at www.caed.com.sg for all job listings.
Please connect us via LinkedIn as follows for efficient messaging:
https://www.linkedin.com/in/career-edge-asia-pte-ltd-558a18139/?originalSubdomain=sg
Do Join us at TELEGRAM by searching “CAREER EDGE JOB OPPORTUNITIES” to receive fast job alert!
Attn: Jace Tay (Registration No.: R1331152)
CAREER EDGE ASIA PTE LTD
EA Licence Number: 13C6678
To find out more job opportunities, visit Career Edge Asia at www.caed.com.sg for all job listings.
Email: recruit@caed.com.sg
Social Share:
More Information
- Salary Offer $9000-$13,000
