Credit Officer, Derivatives Competence Center

GENERAL DESCRIPTION

We are looking for an experienced and highly motivated employee to join our Derivatives Competence Center in Singapore. As part of Credit Risk Asia, you will work closely with the front office and markets to structure and manage Credit Risk Asia.

YOUR CHALLENGE

The position includes the following key features:

CORE TASKS

• Structure and manage the credit risk of a portfolio of large and/or complex trading clients (FX and OTC equity) and exercise delegated credit authority
• Handling daily credit risk management tasks (risk identification and mitigation, setting/calculating/reviewing margin requirements, margin shortages and limit overruns, intraday monitoring of large FX trading clients, etc.)
• Preparation of comprehensive credit applications for new credit transactions, changes, and annual reviews
• Collaborate with legal department and external legal counsel to draft non-standard credit documents
• Granting ad hoc approvals for trading requests and advising on complex and large derivative portfolios (customer-specific margin requirements, monitoring solutions, recognition and netting of structures and option trading strategies, etc.)
• Function as a center of excellence within the credit area for derivative product knowledge, margining concepts, margining systems, and other trading-related topics
• Driving the development of the overall credit risk framework with respect to derivatives and credit value methods

REGULATORY RESPONSIBILITIES AND/OR RISK MANAGEMENT

• Demonstrating appropriate values and behaviors, including but not limited to standards of honesty and integrity, diligence and conscientiousness, fair dealing (treating customers fairly), conflict management, competence and continuous development, appropriate risk management, and compliance with applicable laws and regulations.

REQUIREMENTS

• Able to understand customer needs
• Excellent stakeholder management skills, with the ability to influence at senior level and in global teams
• Credit officer with product knowledge and the ability to structure, execute, and manage large and/or complex credit transactions for commercial customers
• FX or market risk specialist with the intention of taking over a credit team covering large trading clients
• Ability to make quick, independent credit decisions under pressure and in close cooperation with product specialists and RMs
• University degree, preferably in economics, finance, or banking
• Quantitative background knowledge, preferably CFA or FRM charter holder
• Ability to manage a portfolio of projects alongside day-to-day business as a derivatives credit officer
• Understanding of the wealth management industry and Asian markets/clients
• Previous experience with FX trading/M