Job Description
Responsibilities JOB DESCRIPTION Strategy and Planning - To implement risk performance driven credit decision for the credit approval process. - To review & provide feedback to Product and Compliance Team to ensure practicality & feasibility of the implementation of credit policies / guidelines. - Manage proper credit evaluation of facility applications and completion of documentation in accordance with policies and procedures. Business Performance and Management - Ensure policies and procedures are documented and adhered. Develop and finalise policies and procedures for new facilities. - Recommend and approve limits up to the appropriate delegated authority for retail bank. - Adhere to Group’s standards portfolio / bulk reviews for facilities against collateral. People Management - Advise Personal Bankers and Relationship Managers on credit related issues. - Leading and motivating the Credit Approval team in order to achieve SLA targets. - Ensuring that the Credit Approval team keeps up to date with evolving regulatory landscape. - Overseeing the effective approval of credit facilities to minimise delinquency. Regulatory Compliance - Update Business Rules and Internal Guidelines as per the latest MAS rulings. - Ensure compliance / adherence with credit policies and regulatory guidelines. - Responsible for all credit perspective of retail facilities including ensuring compliance/ adherence with credit policies, guidelines and regulations, portfolio review. Any other responsibilities/tasks as assigned by the Management from time to time. Requirements Qualifications - Degree Relevant Work Experience - At least 10 years experience in credit management Technical/Functional skills - Strong knowledge in credit assessment - Strong knowledge of Retail Banking (Secured & Unsecured) credit facilities - Strong knowledge of Banking Systems - Strong knowledge of banking instruments, local banking laws and MAS guidelines - Strong knowledge of credit assessment methodology and MAS reporting Personal Skills (Soft Competencies) - Analytical judgement for proper credit evaluation of facility applications in accordance with policies and procedures - Able to prioritize and multitask - Meticulous, accurate, independent and possess good problem solving skills - Good verbal and written communication skills
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