Job Purpose:
- Maintain regular communication with banking regulators, external rating agencies, and key market participants to stay informed on market developments.
- Respond to inquiries and foster collaborative relationships with Business and Support Units regarding counterparty risk of Financial Institutions in Asia.
- Collaborate closely with Global Risk Management teams in Asia and at Head Office.
- Assist in developing and implementing the counterparty risk management framework for Asia.
- Recommend counterparty risk policies, procedures, and best practices for regional adoption.
- Ensure timely updates of risk policies, frameworks, and proposals.
Key Responsibilities:
- Prepare and review credit proposals regularly.
- Produce risk control and monitoring reports on a scheduled basis.
- Address ad-hoc credit proposals from business units promptly.
- Monitor adherence to risk procedures and guidelines for Financial Institutions in Asia.
- Report significant adverse developments concerning Financial Institutions to Senior Management in Asia.
- Coordinate with business units to ensure timely submission of business proposals.
- Maintain and update the credit risk system consistently.
- Communicate regularly with front offices to ensure understanding of the latest risk policies and strategies.
- Track and document market developments through research, regulatory communications, and updates from rating agencies and market participants.
Job Specifications:
Qualification & Experience:
- Bachelors degree in Accounting, Finance, or equivalent; CFA, CPA or ACCA certification preferred.
- Minimum of 6-8 years experience in banking or financial services, preferably within international banks.
- Knowledge of treasury, capital markets, trade finance, and transaction banking products preferred.
- Experience with GMRA, GMSLA, ISDA and CSA negotiation..
- Understanding of relevant regulatory, statutory, and international banking and accounting standards preferred.
- Competence in qualitative and quantitative counterparty risk analysis and credit evaluation preferred.
Language Requirements:
- Fluency in written and spoken English, other major Asian languages, and/or Spanish is an advantage.
Other Skills:
- Proactive with excellent interpersonal and communication skills.
- Ability to work effectively in a multicultural and cross-functional environment.
- Skilled in preparing and delivering presentations and documentation.
- Demonstrates high reliability, quality, and timeliness in deliverables.