S
Assistant Vice President, Planning, Credit Department
Sumitomo Mitsui Banking Corporation
sg
1h ago
66%
Good
Job description
This position supports the Head of Credit Department Asia Pacific Division (CDAPD) as member of Planning Team, reporting to the Head of CDAPD.The team is responsible for developing, recommending, communicating and implementing credit risk management policies and framework and operational guidelines for the organization, its various financial products and various countries in Asia Pacific/India division. This role is primarily responsible for engagement in strategic planning on credit risk management framework, support for credit analysis team and business department, coordination and reporting on credit risk related affairs to senior management, head office, and regulators in a timely manner, and compliance matter in the departments. Job Responsibilities Strategic Planning & Business Management: Produce reports on summary of credit portfolio and other metrics relevant to credit risk managementRoutinely report credit related documentation to senior management relevant departments in Head Office.Prepare and coordinate materials for management committees, regulatory examinations and external / internal auditsUndertake other related tasks and projects as required and assigned by management Special Credits: Track and report criticized and classified assets, in compliance with Japanese accounting principles, such as self-assessment, write-offs, general and specific reservesManages research and analysis of client's financial performance, continuous monitoring of events and strength of credit portfolioClosely monitor relevant market indices as well as industry developments Compliance: Understands key compliance risks involved in the operation and make decisions regarding the management of the risks in consultation with relevant departmentsIdentify and assess the compliance-related risks involved in the activities of the departmentConduct checks on how the risks are mitigated and the effectiveness of the controls put in place and whether they are in line with overall compliance policiesConduct compliance-related training and disseminate information to the department Operation / Liason with Head Office: Maintains communication with Credit Officers, Front Office and Head Office to ensure credit standards/policies are fully understoodCollaborate wtih Credit Analysis team and relevant departments to be work efficiency in credit processEnhance the credit application processes, working with stakeholders in Asia Pacific/India Division and Head Office Participate in the development of policies, control procedures and processes designed to ensure risk identification, mitigation and monitoring Job Requirements At least Bachelor’s degree or equivalent qualification, Preferably in Finance, Accounting, or a related field. Proven experience in the finance or banking industry is essential At least 2-3 years of Credit risk management related business experience or training program is helpful. Experience in/with regulators or analytical tasks is preferable Business fluency in both English and Japanese is essential, as this role requires the ability to write and communicate effectively with our Tokyo office. PC skills including Microsoft Power Point, Excel, and Word skills are required Excellent interpersonal, communication (written and verbal) skills Ability to work effectively with others and team oriented
Languages required
- English fluent Preferred
- Japanese fluent Required