Vice President, Head Of Credit Risk Strategy

1 week ago


Sydney, New South Wales, Australia MUFG Full time

Vice President, Head of Credit Risk Strategy & Planning page is loaded Vice President, Head of Credit Risk Strategy & Planning Apply locations Singapore Office Marina One Melbourne Branch Sydney Branch time type Full time posted on Posted 11 Days Ago job requisition id WD Do you want your voice heard and your actions to count?Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world.

Across the globe, we're 160,000 colleagues, striving to make a difference for every client, organization, and community we serve.

We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility.

This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Purpose of the role The primary responsibility of this position in Portfolio Management Unit (PMU) is to design portfolio risk appetite parameters, and monitor credit risk as well as concentration risk at a portfolio level for Global Corporate & Investment Banking for APAC ("GCIB APAC").

It includes to set clear boundaries (e.g.
pre-limits, attention, de-framing) for each of the key metrics, model potential stress scenarios to adapt the P&L to market conditions, and report and make recommendations to senior management / committee regularly.

Also, this position requires to liaise between front office and credit team to assess risks in credit portfolio in each sector and country, update the monitoring framework, and supervise a staff who supports the respective works.

Based on where the best suited candidate is identified, the Company is happy to hire for this role in Singapore, Melbourne or Sydney.


Job Responsibilities:
Develop credit risk strategy and guidance of loan portfolio in sectors / country across GCIB APAC.
Establish portfolio risk parameters and set & monitor clear boundaries (e.g.
pre-limits, attention, de-framing) for each metrics to manage credit risk and concentration risk in each sector / country.
Update and enhance monitoring framework regularly based on market development / conditions including early warning indicators.

Report and make recommendations to senior management / committee regularly for new / updated guidance to continue to enhance credit risk management of the portfolio.

Monitor the risk parameters in each sector / country and concentration risks within GCIB APAC compared with thresholds and targets and classify metrics into stages to take appropriate actions.

Conduct periodic review of watch list portfolio as well as high risk transactions.

Model potential stress scenarios to adapt the P&L to market conditions including potential increase in credit cost, provisions, and risk weighted assets in sector, country and overall GCIB APAC portfolio.

Collaborate with RMs, sector teams, credit divisions, and risk management offices to develop credit risk strategy and update monitoring framework by reflecting latest market conditions.

Lead communication to liaise with internal stakeholders to execute the portfolio strategy.
Responsible for supervising a direct reporting staff and provide advice and guidance to contribute to the entire department.
Manage resources in the team and continuously enhance process and tool.
Provide various opportunities for individual development (coaching, career progression & training) for the staff with manager.
Maintain the MIS tool and data appropriately to build and update risk monitoring framework.
Demonstrate leadership for the responsibility and span of control, which involves a high level of interaction with senior stakeholders.
Follow directions from manager and handle additional tasks.

Job Requirements:7 years of experience working in the financial industry5 years of experience in credit risk and concentration risk management at a portfolio level, credit cost, risk weight, and early warning framework.

Experience leading teams and managing regional projects.

Good strategic planning skills and communication / presentation skills to influence stakeholders Strong management skills, coaching, mentoring and leadership skills to lead the team Completed relevant bachelor's degree or above We regret to inform that only shortlisted applicants will be notified.

MUFG Bank Ltd & MUFG Securities Asia Limited (collectively referred to as "MUFG") is an equal opportunity employer.
We view our employees as our key assets as they are fundamental to our long-term growth and success.
MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.

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Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative.

They reflect who we are, who we want to be and what we expect from one another.
We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them
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