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AVP, Credit Approver, Private Bank & PFS Wealth Credit, Group Credit (Retail

Posting Date:  11-Jan-2022


Company:  United Overseas Bank Limited

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

The Credit and Risk Management function is comprised of three teams: Risk Management, Credit and Special Asset Management. We manage the risks arising from the Group’s business activities within the risk appetite established by the Board. This involves identifying and evaluating the risks, developing effective risk governance and strategies as well as providing independent assessment of the overall risk profile.

Job Responsibilities

  • Conduct credit risk assessment and approve credit applications from the business to lend to high networth individuals and their related entities from the Singapore, South East Asia and North Asia market segments; ensuring that approvals are performed within stipulated credit delegation requirements.
  • Work closely with business and stakeholders to ensure the highest standard of credit quality; and that risk assessment is conducted at a level of depth and thoroughness appropriate to the degree of the credit structure, making sure that key risks are properly identified and adequately mitigated.
  • Develop a good understanding of the credit portfolio and risks capabilities to add value, pre/post credit applications, keeping abreast of market, regulatory, macro-economic and political developments.
  • Ensure adherence to governance, policies and procedures within the Private Bank and PFS Wealth Credit Team. Participate in development of credit policies, products and processes to meet changing industry/market conditions without compromising the risk position of the bank, while ensuring compliance with regulatory requirements.

Job Requirements

  • Degree holder with background preferably in Statistics, Business, Accounting or Finance.
  • Minimum 5 years of working experience in a Private Banking Credit role, preferably in a credit risk policy and approver capacity.
  • Proficient in Microsoft Office applications.
  • Strong knowledge of Private Banking Business, Capital Markets, Derivative Products and local regulatory landscape. Familiarity with Basel Capital Rules will be an advantage.
  • Team player with good communication and presentation skills (verbal and written), highly meticulous and self-motivated.
  • Ability to prioritise, plan and manage at both strategic and working levels.

Be a part of UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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