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Assistant Vice President - Pre-Approval Credit Check

Assistant Vice President - Pre-Approval Credit Check

SMBC GroupKuala Lumpur, Kuala Lumpur, Malaysia
15 hours ago
Job description

SMBC Group Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Job Summary

  • Reviewing credit application for accuracy of customer information, credit facilities / collateral's structure and appropriateness of approval authority.
  • Compliance of Head Office rules, internal and external credit related guidelines and procedures.
  • Ensuring adequate and proper credit policies, procedures and supporting mechanisms in managing credit risks.

Job Responsibilities

  • Reviewing credit application in respect of compliance with Head Office rules, internal / external guidelines and procedures; including reviewing of accuracy of customer information, appropriateness of credit facilities, accuracy and completeness of supporting documents, adequacy of collaterals and appropriateness of approval authority.
  • Reviewing credit monitoring in respect of customer information and financial data registration; accuracy of obligor and facility grading; applicability of self-assessment and appropriate adjustments.
  • Attentive to customers’ downward share price movement, widening CDS price, external ratings downgrade (voluntary trigger events) and inclusion in the Trigger Report.
  • To trigger Front Office Department on the requirement of credit monitoring based on any adverse market information of the customers.
  • Managing and monitoring the efficacy of credit policies, procedures and supporting mechanisms (credit organizational design, key performance indicators, incentives, training etc.) in controlling credit risk and making appropriate credit related recommendation.
  • Timely preparation of reports pertaining to credit administration for submission and deliberation at Management meetings and regulatory reporting.
  • Attending to and following through with the responses to all relevant credit related audit issues, from BNM, LFSA, J-FSA, BOJ, External Auditors, other respective departments etc.
  • Collaborating within Credit Control Department and other departments (including Shared Service Centre) to ensure appropriate credit functions and procedures.
  • Ensure appropriate action plans and contingency plans are in place to manage irregular matters (such as breaches and errors) and crisis situations respectively in Pre-approval Credit Check (PACC), including timely reporting to management.
  • Take necessary actions to secure sufficient and appropriately skilled resources and ensure staff within PACC can act as back-up for each other.
  • Job Requirements

  • Possess a Bachelor’s degree or professional qualification in business, economics, accountancy or related discipline.
  • Minimum 5-7 years of credit analysis, credit review and expected to be well versed with SMBC internal credit related policies / rules.
  • Strong communication and analytical skills and able to work efficiently in both independent and team work environments.
  • Good understanding of various industries and regulatory policy and requirements.
  • Good presentation skill, writing skill, problem solving, interpersonal skill.
  • Team player, self-motivate, enthusiastic and open to new ideas.
  • Seniority Level

    Mid-Senior level

    Employment Type

    Full-time

    Job Function

    Analyst and Other

    Industries

    Banking

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