About the role

AI summarised

The VP, Credit Approver is a senior risk management role at a bank, responsible for independently approving credit applications within delegated authority, managing credit risk for a portfolio of corporate clients, and ensuring compliance with regulatory standards.

BusinessFull-timeGeneral

Key Responsibilities

Independently approve credit applications within delegated authority, ensuring alignment with the bank's credit risk appetite and policies.
Review and assess credit proposals, financial statements, and risk ratings for new and existing corporate clients.
Monitor the credit quality of the assigned portfolio, identifying early warning signals and recommending appropriate actions.
Provide guidance and mentorship to junior credit analysts and officers.
Participate in credit committee meetings and present credit recommendations.
Ensure compliance with MAS regulations, Basel guidelines, and internal credit policies.
Collaborate with relationship managers and business units to structure credit facilities.
Conduct industry and macroeconomic analysis to inform credit decisions.

Requirements

Minimum 10 years of experience in credit risk management, corporate banking, or related field.
Strong knowledge of credit analysis, financial statement analysis, and risk assessment.
In-depth understanding of MAS regulations, Basel framework, and local credit laws.
Proven track record of independent credit approval authority in a bank.
Excellent analytical, communication, and stakeholder management skills.
Degree in Finance, Accounting, Business, or a related discipline.
Professional certifications such as CFA or FRM are preferred.
Ability to work under pressure and make sound decisions in a fast-paced environment.
Experience in managing a portfolio of large corporate clients.
Proficiency in credit risk systems and Microsoft Office applications.