Vice President/Assistant General Manager, FI and NBFI Credit Risk (Risk Management)

Mandatory Reference Checking Scheme (“MRC”) for Hong Kong

The Mandatory Reference Checking Scheme is a framework to facilitate Authorized Institutions (“AIs”) to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual’s previous employments can be provided to AIs to inform their employment decisions.

For information related to MRC Scheme, “Frequently Asked Questions for In Scope Individuals” is published by HKAB/Industry Guidelines (https://www.hkab.org.hk/en/home) or further information will be available upon request, if it is applicable to the position(s) applied.

Country of Location:

Job Responsibilities:

• Perform credit risk assessment of financial institutions/ Non-bank financial institutions, make recommendation of or approve credit applications through credit review on periodic and / or ad-hoc basis.

• Review and make recommendation of legal documentation and new product development.

• Monitor the counterparties and industry sectors under his/her responsibilities closely and provide timely reports and alerts to his/her direct report on any material counterparty risk development or market events or major legal/regulatory changes.

• Conduct on-going market intelligent check for country risk monitoring and prepare country risk analysis and risk recommendation.

• Monitor the portfolio limit caps and country limit in accordance with the risk policy and management decision.

• Perform periodic credit visits to FI/ NBFI customers and preparing reports based on the up-to-date information on the counterparties, legal and regulatory environment.

• Review and contribute to the negotiation of legal documentation in relating to loan & treasury activities.

• Maintain a close and professional dialogue with lines of business and relevant functions (including Legal and Compliance).

• Review and develop policy, controlling procedures and reporting manual for portfolio and country exposure management on ongoing basis.

• Assist to train up subordinate.

Requirements:

• Degree holder in Accounting, Finance, Business Administration or related disciplines.

• Professional qualification e.g. CCRP(CPM), FRM or CPA preferred;

• Around 10 years’ credit risk management and/or credit approval experience gained from banking industry; exposure in Treasury & FI/NBFI Credit is preferable; candidate with relevant experience less than 10 years will also be considered.

• Understanding of legal documentation including ISDA, CSA, and ISMA preferred.

• In-depth knowledge of various treasury products, especially debt securities.

• Good credit judgment, excellent interpersonal and communications skills.

• Good command of written and spoken English and Chinese (including Putonghua).

(Candidate with less experience will be considered for Vice President.)