What are the responsibilities and job description for the Credit Officer position at This is an IT support group?
About the position :
TA&A Singapore is looking to support Front Office business ambitions by hiring a Credit Officer who will : (1) assist in executing client transactions from origination to closing and (2) manage part of the credit risk of an assigned client portfolio. This person will work closely with Senior Credit Officers (SCOs), Local Risk Managers (LRMs) and various assigned business units. This is a Manager level position.
We offer you the opportunity for personal growth, improve your understanding of increasingly complex lending structures and broaden your scope of the department and organization as a whole.
About the department :
Transaction Approval & Advice (TA&A) based in Singapore acts as the second line of defense for credit risk on transactions with corporate clients in Asia. The department is responsible for the transaction approval process and portfolio risk management in Singapore and the Asia region.
Responsibilities :
- Work with SCOs, LRMs, Front Office teams and Credit Administration staff to assist in managing the credit risk of designated credit portfolios;
- Assist in the quarterly portfolio monitoring, keeping track of early warning signals in ARIA, prepare dashboards and other initiatives;
- Assist in preparation of both internal and external reports, including regulatory reports;
- Assist in preparation and processing of credit applications;
- Advise and support the credit decision process for individual credit transactions and relevant credit portfolios, within the boundaries of established risk appetite statements, and in line with applicable credit risk policies, among other by writing advices under the supervision of the SCO / LRM;
- Monitor and report on relevant transactions, obligors and portfolios;
- Complete Risk Ratings in accordance with ING policy and in a timely manner to help assure the portfolio capital and loan loss provision (LLP) are calculated accurately;
- Stay on top of industry trends or news events that affect portfolio risk, using this to adjust as necessary Watchlist, Risk Rating or LLP;
- Making sure we can evidence our challenge role from a 2LoD perspective.
Qualifications and Competencies
Requirements :
Competencies :
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