About UOB:
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices.
Our history spans more than 80 years. Over this time, we have been guided by our values Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.
About the Department:
Retail Credit Function is responsible for establishing and maintaining the Credit Policy & Process Standard, providing oversight and independent tracking and monitoring of assets quality of portfolios to be within the approved risk appetite, performing quality assurance of the credit cycle as well as conducting strategic business/ portfolio risk review as and when required.
Job description:
- Cover Policy & Risk Oversight for both Secured and Unsecured and, also covering the Quality Assurance
- To govern and be a gatekeeper to ensure business operates within approved risk appetite, policies and delegated authority
- To initiate annual oversights on the credit policy at country level in reflection of the industry practice, market conditions and local regulations
- To establish proper governance process control to facilitate effective review on the product review document, credit program book, credit test and any credit policy changes
- To formulate and continuously enhance the independent and robust credit trackers to early detect any abnormalities observed for undertaking of escalation actions, covering the analysis on financials, asset mix and loan performance
- To independently develop and to continuously enhance MIS monitoring on any credit policy changes, to highlight irregularities/ non-compliance risk to Business
- To actively engage with MIS & Control, Risk and Business Finance sourcing for the financial/ loan performance information to facilitate oversights and ad-hoc analytic requested by senior management
- To institute proactive oversight on the end-financing post approval monitoring with intent to identify additional high-risk zones/ developers and negative locations and to trigger escalation process e.g. EF limit review / developer grading downgrades
- To establish and continuously enhance the Quality or Risk Assurance Framework to provide assurance on the line 1 compliance with approved critical policies & process standards, to identify irregularities with continuous input for improvement of end-to-end credit cycles
- To effectively exercise the oversight role in the portfolio quality review/ early alert review/ management meetings
- To identify the training needs and career development plan/ clearly outline the departmental key roles, responsibilities and the JD for team member
- To perform ad-hoc task assigned by Country Function Head of Retail Credit
Job Requirements:
- Bachelor or master's degree in Economics, Finance, Accounting, MBA or related areas
- Excellent understanding of banking's credit risk, collection, product, finance and financial markets and also UOB overall business dynamics, particularly Retail Banking
- Establishing Credit Guidelines and Policy for the line of Retail Banking Business, some of wholesale banking experience is an advantage
- Strong leadership skills for constantly changing credit risk environment.
- Experiences in working with auditors, regulators and compliance
- Expertise in project management, talent management, good interpersonal skills and influencing
- Managing Credit Risk in more than 10 years
- Strong leadership and strategic thinking abilities with a proven track record of successfully managing a banking division or business unit
- In-depth knowledge of banking Credit Policy & Governance and regulatory requirement.
- Excellent analytical and problem-solving skills, with the ability to make data-driven decisions and implement effective solutions
- Demonstrated experience in successfully leading and managing a team of banking professionals
- Fluency in English, strong communication and writing skills.
- Strong presentation and negotiation skill to form and articulate the opinions and recommendations
- Exceptional interpersonal and communication skills, with the ability to build and maintain relationships with internal and external stakeholders
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Remark: The Bank requires the checking and collection of criminal records for candidates of this position in order to verify qualifications and/or disqualifications for the job position in accordance with the Bank's policy.
