Director - Retail Risk (Credit Risk, Secured Lending Portfolio Mgt)

Job Purpose

• Policy & portfolio management for secured lending products including mortgages, Business Premise Loans / Financing, Auto Financing and ASB
• To understand the key drivers of credit risk, manage the portfolio risk and maximize the risk return profile of the portfolios

Job Responsibilities

Portfolio Management

1. Set appropriate risk management strategies, risk appetite, Asset Quality Trigger (AQT) and Acquisition RAROC triggers to ensure risks are adequately identified and managed
2. Develop portfolio heat map to assess portfolio shape and risk appetite.
3. Establish monitoring and tracking mechanism to assess portfolio performance against benchmarks and leverage on Risk Appetite results to support strategic business decision making via new initiatives and policy implementation.
4. Review Portfolio MIS to detect adverse trends and recommend action plans to mitigate portfolio risk
5. Identify early warning indicators and take proactive actions to manage any emerging risks.
6. Understanding the emerging risk associated with different products and set the business direction based on the appropriate risk appetite triggers.
7. Develop appropriate dashboards that help in tracking the portfolio health and various key risk indicators. These dashboards can also be used for presentation to senior management / board.
8. Manage regulations so as to avoid any breaches and make sure the bank is in compliance at all times.
9. Evaluating business proposals for appropriateness of implementation
10. Own and manage regional standards related to secured portfolios

Stakeholder Management

1. Provide good support to colleagues both in Risk and in other business functions both in country and across the region
2. Work with both front and back office in a collaborative way to achieve common goal as set by the Management
3. Establish good rapport with relevant regulatory bodies in all dealings with regards to group mortgage business
4. Act as point person with regards to any risk related queries

Developing People

1. Lead, guide and empower the team members on their BAU tasks
2. Equip team members through training, cross-functional projects, etc to upskill their competency and knowledge
3. Identify potential candidates for succession planning

Risk & Control Officer

1. Proactively manage the risk in the Division to reduce the likelihood or impact of negative impact events
2. Responsible to report risks to the Head of Division in a timely manner so that Heads of Division have a clear view of the overall control effectiveness of their unit
3. Execute the operational risk framework of the bank in a robust and disciplined manner so as to achieve sound risk management practices and reporting.
4. Proactively partner and engage with the second line of defence to achieve an optimal outcome of risk management for the CIMB Group.
5. Support and lead the Division in relation to proactive identification and management of compliance risk.

Job Responsibilities

• Graduate with at least 2nd class honours from any reputable universities
• Preferred major: Accounting & Finance, Statistics, Mathematics
• Risk Management knowledge in banking industry or other relevant experience
• Good written and verbal communication skills
• Analytical
• Dynamic and able to work independently
• Stakeholder management
• Good knowledge of banking policies, procedures and practices

**Only shortlisted candidates will be notified