Overview

Onsite
OCBC Singapore
Full time
JR00000535

WHO WE ARE:

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.

  • Be the Primary Credit Approving Officer responsible for pro-active risk management of regional and global accounts comprising Sovereigns/Banks/Non-bank Financial Institutions (NBFIs) and Non-relationship Corporates.
  • Assess appropriate credit limits during credit propositions, annual renewals and transactional requests submitted by Business Units (BUs) in a timely manner. BUs include Global Financial Institutions, Global Trade Finance and Global Markets.
  • Review annual review papers prepared by the Credit Analysts, provide constructive comments to enhance the credit submissions (including recommending credit underwriting standards for new client segments where necessary) and present justification/rationale to approvers. 
  • Pro-active management of credit portfolio amid evolving changes in market dynamics and escalate credit concerns/issues to management in a timely manner.
  • Be well-versed with the Bank’s credit policies and procedures and their changes and recommend credit policy changes, as required. Participate in the development of risk management standards/governance, procedures, processes and initiatives where required.
  • Perform regular regulatory stress-test on portfolios under credit coverage and ad-hoc portfolio reviews/stress tests where required.
  • Ensure new transactions and credit renewals meet OCBC’s risk acceptance criteria, risk policies and procedures, as well as regulatory requirements.
  • Guide and supervise Credit Analysts in Non-relationship Corporates. 
  • Strong participation in business initiatives and provide solutions.
  • Strong collaboration with stakeholders including Counterparty Credit Risk team and Business Units (such as Global Financial Institutions, Global Markets, Global Trade Finance) in structuring credit facilities that mitigate the credit risks inherent in derivatives portfolio.
  • Respond quickly and professionally to requests from Global Markets on limit excess during pre-deal credit limit checks.
  • Negotiate credit terms in loan agreements, ISDA/CSA, GMRA and GMSLA.

  • Candidate should minimally possess a good degree from a recognized university.
  • At least 15 years of relevant credit experience with focus on Sovereigns/Banks/NBFIs. Experience to hedge funds is an advantage.
  • Strong knowledge of and experience in credit analysis, loan structures and treasury products.
  • Strong analytical skills with extensive experience in analyzing financial statements.
  • Strong team player who demonstrates ability to adapt and work in a team in a fast-paced environment.
  • Ability to express opinions, lead discussions with BUs and provide solutions to challenging credits and new businesses.
  • Knowledge in loan documentation, ISDA/CSA, GMRA, GMSLA is preferred.
  • Excellent written and interpersonal communication skills.

What we offer:

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.

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About OCBC Bank

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.