Credit Risk Approver – SVP – Leading Global Banking Group

Location: Hong Kong
Job Type: Permanent
Reference: 10_270718
Sector: Finance & Accounting

As a result of expansion, a leading global banking group is looking to recruit a Senior Credit Risk Approval specialist to join its Corporate Credit Risk team in Hong Kong.

Responsibilities:

  • Review, recommend, and approve Corporate or Specialized Lending credit proposals for in accordance with authorized credit limits
  • Primary point of contact for the areas under responsibility for all Corporate Credit Risk related matters; which include approvals, pipeline discussions, portfolio/sector reviews, management of problem exposures, processes, policies and guidelines
  • Involvement in Credit Risk related projects or forums
  • Lead credit approval forums involving a cross-section of senior stakeholders from multiple functions
  • Maintain the credit quality of the portfolio and beat forecast impairment projections
  • Proactively identify and highlight emerging risk issues and sub-standard credit exposures and ensure appropriate action is taken to protect the Bank’s interests
  • Engage stakeholders and internal customers regularly by understanding and sharing vision, best practice, challenges, and potential solutions; and by working collaboratively on transaction pipelines, credit guidelines, portfolio or product reviews, and other credit risk related initiatives
  • Maintain regular communication with Business, Product, Group and Country teams, provide feedback or advice to maintain effective relationships in the areas of responsibility
  • Provide wider contribution to other areas of the Credit Risk team and guiding/mentoring junior colleagues

Requirements:

  • Degree holder with solid and diversified banking experience and a thorough understanding of the banking industry, lending practices, guidelines and appetite, as well as robust knowledge of corporate banking and treasury products
  • Direct experience in frontline role would be preferred
  • Conversant with specialized lending areas such as Leveraged Finance, Project Finance, Commodity and Structured Trade Finance, Real Estate, Aviation and Shipping
  • Awareness of the prevailing market trends in terms of credit structures
  • Lending or credit approvals experience in Asia and/or in Emerging Markets
  • Strong analytical and technical skills, as well as the ability to understand and consolidate diverse and complex business information to identify and mitigate risks
  • Excellent communication and leadership skills to able to lead discussion and credit approval forums which involve various senior stakeholders from multiple functions
  • Ability to deal with, and present conflicting views to senior management in a clear and succinct manner
  • Balanced, constructive and commercial approach to decision-making reflective of the ‘protect and enable’ mandate of the Credit Risk function
  • Demonstrated team player attitude with ability and willingness to reach out and help beyond the strict boundaries of the core role