As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Purpose of the role:
To assist Team Head in managing the credit approval process for consumer secured products. Responsible for providing expert credit assessment, approval, policy development, and portfolio review for credit facilities secured by wealth management products including but not limited to equities, bonds, deposit investment, unit trust and structured investments. The role will ensure prudent risk management with strong consideration of market risk, liquidity risk, and collateral volatility.
What you will be doing:
Approve consumer product applications secured by various wealth products submitted by business units within authorized lending limits, ensuring all approvals comply with established credit policies, guidelines, applicable laws, and regulations to promote responsible lending.
Monitor market and liquidity risks associated with pledged investment portfolios, including ongoing performance review and valuation assessment. Perform annual credit reviews, monitor margin positions and margin deficits, initiate margin calls where required, and recommend or execute timely risk mitigation actions, including liquidation, in accordance with approval policies.
Assist in the development, enhancement, and maintenance of credit policies, risk frameworks, and operating manuals for wealth secured lending, including eligibility criteria, acceptance standards, margin management requirements, and operational workflows. Collaborate closely with Policy, Product, Sales and Operations teams to ensure policies are practical, well-documented and compliant with regulatory compliances.
Participate in system and process implementation initiatives by supporting policy-driven system rule design and requirements, assisting in User Acceptance Testing (UAT) preparation including test case development, execution, and issue validation, and ensuring that system functionality and process flows for credit review, margin monitoring, margin calls, and liquidation are fully aligned with approved credit policies and operating manuals prior to go-live.
Conduct periodic credit reviews while supporting efficient credit processing, to identify emerging risks, portfolio concentrations, and adverse trends. Enable the team to process credit applications and ongoing reviews promptly through robust credit analysis and well-reasoned recommendations aligned with established credit acceptance criteria.
What are we looking for:
University Degree or Tertiary education in Banking, Accounting, Finance or Business Administration Risk Management or related discipliners.
5 to 8 years consumer credit or risk management experience preferably with exposures in wealth products.
Strong analytical and problem-solving skills, with the ability to interpret complex data
Excellent communication and interpersonal skills, with the ability to work effectively with stakeholders
Knowledge of credit risk management principles and practices, including credit risk modeling and portfolio management
Proficiency in both written and spoken English and Chinese
Proficient in Microsoft Office including MS word, PowerPoint and Excel
#LI-SL1
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.
OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.
OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.
OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
