Credit Officer, Derivatives Competence Center

About the job

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

Your challenge

The position involves the following tasks:

• Proactive structuring and management of the credit risk of a portfolio of large and/or complex trading clients (ETD/OTC trading in FX, equities, and interest rates) and exercise of 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, analytical, and detailed credit applications for new credit transactions, amendments, and annual reviews
• Collaborate with legal department and external legal counsel to draft non-standard credit documents
• Ad hoc approvals for trading requests and advice 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 products, margining concepts, margining systems, and other trading-related topics
• Driving the development of the overall credit risk framework with regard to derivatives and credit value methods

Regulatory responsibilities and risk management

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

Requirements

• Team player and able to work under pressure
• Able to understand customer needs
• Excellent stakeholder management skills, with the ability to influence at senior level and in global teams

Professional and technical requirements

• Senior Credit Officer (10+ years of experience) with in-depth product knowledge and the ability to structure, execute, and manage large and/or complex credit transactions
• Ability to make quick, independent credit decisions under pressure and in close collaboration with product experts and RMs
• University degree, preferably in economics, finance, or banking
• Quantitative background knowledge, preferably CFA or FRM charter holder
• Able to manage a portfolio of projects alongside daily business as a Derivatives Credit Officer
• Understanding of the wealth management industry and Asian markets/clients
• Previous experience with FX, trading/margin systems (preferably Margin Man and/or Murex)