Overview
Wholesale Credit Risk Management
Description
Roles and Responsibilities :
- Independently assess credit risks of corporate, commercial and institutional Real Estate related transactions as well as ESG aspects to ensure compliance with internal strategies, guidelines and regulatory requirements.
- Work with Relationship Managers to ensure all credit transactions are in accordance with the Bank’s credit policy, credit underwriting standards and risk appetite.
- Evaluate and pro-actively manage the Bank’s global Real Estate loan portfolio, encompassing new deals and credit reviews, portfolio management and industry reviews.
- Identify and provide timely & sound credit risk mitigation strategies for potentially weak credits for early remediation.
- Provide support to the Department’s risk objectives including portfolio stress tests, industry/portfolio reviews, credit projects etc.
- Maintain a quality loan portfolio jointly with Business Units.
Qualifications
Requirements:
- University degree with at least 15 years of banking experience in marketing/ relationship management and/or credit responsibilities of large corporate and commercial Real Estate credits. Experience in credit risk approval with exposure to Real Estate credits will be preferred.
- Good knowledge of the real estate industry in various geographical markets.
- Strong credit and analytical skills with proven ability to work independently and as part of a credit risk team.
- Good understanding of loan documentation and credit processes.
- Excellent communication and stakeholder management skills.
Primary Location
: Singapore
Job
: Credit Risk
Organization
: Wholesale Credit Risk Management
Schedule
: Permanent
Job Posting
: 13-Dec-2024, 12:11:53 PM
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.