VP - Credit Control, Private Banking

Employer
JAC Recruitment, EA Licence No: 69523
Location
Hong Kong, Hong Kong
Salary
HK$90k
Posted
Jan 31, 2023
Closes
Mar 02, 2023
Ref
17992911
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Responsibilities:
  • Review and approve Lombard lending proposals within delegated authority to ensure that the bank's credit offering is in compliance with bank's policies, procedures, risk appetite and local regulatory requirements;
  • Provide recommendations and highlight key risk issues to front office and credit approvers;
  • Review and approve Credit Exception requests and Loan-to-Value ratio for Lombard Lending requests;
  • Provide training and guidance to Relationship Managers / Client Services Officers on credit policies and processes (including preparation of credit proposals);
  • Assist the department head in managing the loan portfolio and collateral of designated business unit;
  • Prepare periodic credit risk portfolio report and risk management committee meeting minutes;
  • Participate in credit policy / new product programme review and ad-hoc projects;
  • Coach junior Credit Officers, Relationship Managers and Client Services Officers on credit assessment competency.

Requirements:
  • Degree holder in Finance, Business and related disciplines.
  • Holder of ECF-CRM is a plus;
  • A minimum 8 -12 years of relevant experience in Private Banking;
  • Strong technical knowledge of credit approval process, systems and controls and credit risk management of financial institutions;
  • Strong financial and credit analysis, collateral management (credit monitoring and control) skills;
  • Strong knowledge of wealth management and private banking products (bonds, equities, structured notes, etc.);
  • Good knowledge of Hong Kong Company & Banking Law, Credit Policies and Collateral Management policies;
  • Strong ability to communicate with stakeholders of all levels;
  • Ability to work independently;
  • Excellent command of English, Cantonese and Mandarin.


Personal data collected will be used for employment-related purposes only. We regret to inform that only shortlisted candidates will be notified.