Job Description

This credit risk officer resides with Risk Control Department and is responsible for managing credit matters, especially secured loan portfolio, of private banking customers.

Duties and Responsibilities

  • Collaborate with relevant internal stakeholders to establish and maintain private banking credit policy and procedures
  • Be responsible for the setup and daily credit operations of private banking secured loan products, mainly mortgage real estate lending and investment portfolio financing
  • Review and approval of customer credit applications, ensure approvals are in compliance with internal credit policy and procedures, approved terms and conditions as well as local regulations
  • Review credit facility documentation to ensure credit terms comply with credit approvals and term sheets
  • Post-lending monitoring of credit limits, facility utilisation, margin requirements, collateral quality and portfolio performance
  • Conduct secured loan risk stress testing and necessary internal and external reporting, including head-office and local regulatory required reporting
  • Liaise with IT and operations team on credit related system requirements and operational matters
  • Ensure compliance with all policies and standards and ensure full audit readiness at all times


  • The ideal candidate will be a college degree holder with at least 5 years working experience in the credit department of private banking or wealth management domain
  • Detailed knowledge on the structure and end-to-end process of secured loan products, especially mortgage real estate lending
  • Hands-on experience with relevant MAS rules, regulations and notices on secured loan products, e.g. MAS Notice 635, 643, 645 and MAS guidelines on credit risk management
  • Solid understanding of secured loan market practice, statistically concepts and data analysis
  • Preferably with exposure to private banking operational risk management
  • Preferably with knowledge of treasury and investment products
  • Strong communication skills in both English and Mandarin
  • Proficient in MS Excel/Access, preferably with knowledge of TAP system
  • Good team play as well as ability to work independently

Salary: $5,000 to $8,000 Per Month