Job Description
This is a replacement hiring - Greater China Credit Risk Head with double hatting China CRO, who can be based either SH or H.K.
Job Purpose:
- To ensure effective credit risk management covering Greater China (GC") in alignment with Country, Global Banking Business and Group Risk objectives.
- To jointly be Officer-In-Charge of Credit Policy, Credit Management (Evaluation) and Credit Monitoring for GC.
- To act as the China Risk Head to implement the in-country management and oversight of the China risk team.
Job Description:
1) Approve credit applications in accordance with the Credit AL accorded as per JAL matrix.
2) Provide assessment, mitigation and recommendation on credit proposals to higher Approving Authority (e.g., GMCC) for credit decision.
3) Lead and manage the Group Corporate Credit team in GC.
4) Provide independent assessment and highlight key/material credit issues for credit proposals originated by GC Business Units within agreed turnaround time.
5) Partnering with respective Business Units to improve quality of credit proposals (including completeness, accuracy and consistency in credit information) and asset quality while supporting sustainable business growth in keeping within the risk appetite of country and Group.
6) Act as the second line of defence to ensure adherence to guidelines from Group Risk and respective host Regulator with respect to credit risk management.
7) Work with Group in the development and localisation of Group Risk Policies.
8) Work with respective Business Units in Credit Monitoring and Early Care Management of accounts. To chair monthly Asset Quality Management Committee meetings held for GC customers.
9) To early identify asset quality concerns in GC's portfolio, and partner with Business Units and relevant stakeholders to expeditiously formulate and execute recovery strategies & action plans to maximise asset recovery.
10) Collaborate and support GC's credit-related, ESG/Sustainability and transformation activities.
11) Oversight of the China risk team and risk functions (credit risk, market risk and operational risk) in mainland China branches in the capacity of the China Risk Head.
Job Requirements
Job Requirements:
1. Bachelor or above degree in Finance, Economics, or business management
2. With over 12 years of working experience in foreign bank, including min. 5 years in a Credit Risk Management roles, focusing on SOE/POE clients from diversified industries. With solid credit approval authority is a must;
3 If having experience in ops risk or market risk, that would be a plus
4 Fluent English and can accept traveling.
23071921