Reporting to the Head of Market, Liquidity and SME Risk, this role is responsible for setting the credit risk policy and procedures for the Bank’s SME products, working with the business functions to devise prudent products and test programs, and managing the portfolio monitoring and reporting.
Job Responsibilities:
Deliver superior financial performance while minimizing potential losses
Develop and maintain the credit risk policies and procedures for the SME portfolio
Monitor portfolio, to identify new and emerging risks
Work with the Models Development team to develop SME models
Help optimise NPL rate / approval rate / cost to acquire / customer experience trade-off
Work with the SME business function to ensure adequate risk assessment of new products and programs (as well as test programs)
Development of standard processes, templates and training for credit risk management and governance for the SME portfolio.
Conduct any independent or thematic review as required.
Define roles and responsibilities for the team, and maintain inventory of critical roles.
Define and monitor key activities related to SME credit risk management and monitoring
Assist in regulatory and business stress tests on an ongoing basis.
Keep abreast of the regulatory landscapein Singapore particularly on economic outcomes, global economic impacts and regulatory changes related to financial institutions.
Develop metrics and reporting dashboards for leadership.
Requirements:
10-15 years of work experience in the Singapore Micro and Small Enterprises spaces (companies with SGD 1-100-Million Turnover) with strong credentials in the SGD1-25Million Turnover segment.
Experience in Underwriting cases under Delegated Authority
Good understanding of the Singapore economy and economic trends impacting local SMEs
Tertiary degree in related fields, degree in quantitative fields will be an added advantage
Good understanding of SME products (Invoice, Purchase Order, Hire Purchase, Property backed, pure Working Capital)
Experience in implementing the three lines of defense concepts and its application related to corporate credit policy and portfolio management
Experience with risk identification, assessment, and mitigation of material risk
Experience with risk models and the governance process
Ability to translate observations of market trends in SME products and SME credit risk
Experience with risk models and ideally ML / Artificial intelligence models
Possess strong influencing, communication, and presentation skills.
Confident, able to work independently and possess the gravitas and relationship skills to challenge decisions made by senior stakeholders.
Unison Consulting was launched in Singapore on September 2012, the hub of the financial industry, with innovative visions in the technocratic arena. We are a boutique next-generation Technology Company with strong business-interests in Liquidity risk, Market Risk, Credit Risk and Regulatory Compliance.
Unison provides technology consulting and services to implement Risk Management and Risk Analytics System for Financial Institutions. Our services suite comprises of Techno-Functional consulting, systems integration, Business Intelligence, information management, and custom development of IT solutions, plus project management expertise for financial institutions.
We have expertise in latest cutting edge technology to achieve better total cost of ownership. Through our qualified professionals, we assist you drive your unique risk management strategies, whether that means efficient monitoring, improving risk appetite of the financial institutions, complying with regulations, or capturing growth opportunities through innovation, this is what maximizes your decision taking potential. At Unison Consulting, we view clients as partners, and our success is only measured by the success of our partners. So we put it all on the table in order to exceed expectations.
Our staff consists of young, energetic and innovative consultants who are never afraid to challenge the conventions and push the boundaries in an effort to help our clients. For every project, no matter how large or how small, we strive to not only meet your needs, but deliver a showcase in your field.
