Risk Management Group works closely with our business partners to manage the bank’s risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure.
Review/approve structured transactions in Wealth Management within delegated approval authorities and ensure they meet the group credit appetite and standards. All potential risks not limited to credit, legal, documentation, operational, regulatory and reputational risk are properly addressed and justified. Provide credit judgment/comments for obtaining approval from higher approval level if the proposed credit is outside the delegated lending authority.
Review new credit product approvals including for new lending programmes with relevant stakeholders with a view to obtaining approval that addresses the meets policies and guidelines so that all key risks to the bank are appropriately addressed.
To support business/product developments by providing advisory feedback relating to risks of any new businesses
Working closely with Legal, Compliance, COO office and Business to provide advice on non-standard credit cases.
In-depth knowledge of private banking credit offering including but not limited to promoter share financing, single stock financing, large residential and commercial property financing, as well as non-standard PB credit offering such as pre-IPO financing and acquisition finance.
To work with legal for non-standard/complex facility documentation