Credit Approval Head SG

CIMB Singapore · Singapore

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Responsibilities:

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

Responsible for overseeing the credit approval function for all consumer and retail credit related matters with a view to maximise productivity and effectiveness whilst ensuring adherence to statutory requirements and supporting the Group's business objectives and risk appetite.

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