Job Description

Department / Branch:

Credit Risk Management Department

Reports To

: Head of Credit Risk Management Department

Employment Type

: Full-Time Permanent / Contract

Location:

Richmond Hill Office

General Accountability:

Lead the designated Credit Analysis Team to oversee our Bank's credit underwriting, approval, and granting processes and ensure credit applications are within our Bank's Risk Appetite Framework and are in compliance to the Bank's internal credit policy as well as external regulatory guidelines.

Key Responsibilities:

1. Credit Review:

Conduct thorough credit reviews and due diligence on potential and existing credit facilities to assess creditworthiness and mitigate risk exposure; Review credit analysts' recommendation and comments; Analyze financial statements, credit histories, and market trends to make informed credit decisions.

2. Team Management:

Lead and manage a team of credit analysts and reviewers, providing guidance, training, and performance evaluations to ensure high-quality credit assessment; Foster a collaborative team environment that supports professional development and high standards of work.

3. Portfolio Management:

Oversee the bank's credit portfolio, monitoring and managing risk concentrations, exposure limits, and portfolio performance; Implement strategies to optimize the portfolio's risk-return profile and ensure compliance with regulatory requirements.

4. Policy and Procedure Development:

Develop, update, and revise credit policies and procedures to align with regulatory standards and best practices in the industry; Ensure that all credit-related activities are conducted in accordance with the established policies and procedures.

5. Regulatory Compliance and Communication:

Prepare for and respond to regulatory audits and inspections, ensuring that all credit operations are in compliance with regulatory frameworks; Act as a key point of contact for regulatory bodies, providing timely and accurate responses to queries and concerns.

6. Ad Hoc Responsibilities:

Take on additional responsibilities as assigned by Head of CRMD or senior management, which may include special projects, process improvements, or other strategic initiatives; Act as the back-up and perform the duties of the Head of CRMD when he/she is absent.

Qualifications:

Bachelor or Master degree in Finance, Accounting, Economics, or a related field; At least 10 years of experience in credit review, loan underwriting, or risk management in large local bank, preferably in multiple sectors experience such as commercial real estate, mining and energy, transportation, wholesale or syndicated loan; Strong knowledge of financial statement analysis, credit risk assessment, and lending principles; Familiarity with regulatory requirements (e.g., Basel III, IFRS 9, local banking regulations); Excellent analytical and problem-solving abilities; Strong attention to detail and risk awareness; Effective communication and stakeholder management skills; Ability to work under pressure and make sound credit decisions; Excellent verbal and written communication skills in English with work proficiency; Fluency in Chinese is an asset.
Job Types: Full-time, Permanent, Fixed term contract

Benefits:

Company pension Dental care Disability insurance Employee assistance program Extended health care Life insurance Tuition reimbursement Vision care
Education:

Bachelor's Degree (preferred)
Experience:

Banking Industry: 10 years (preferred) Credit Review / Analysis / Loan Underwriting: 10 years (preferred)
Work Location: In person