SVP, Senior Credit Risk Manager, DBS Australia (Sydney)

About DBS Australia

DBS Bank Ltd opened its Australia Branch in Sydney in June 2015 and has been steadily growing since this time. DBS Bank Ltd, Australia Branch (DBS Australia) is regulated by Australian Prudential Regulation Authority (APRA), Australian Securities and Investments Commission (ASIC) and Australian Transaction Reports and Analysis Centre (AUSTRAC). The branch offers a wide range of products and services to wholesale clients through our frontline teams in Institutional Banking Group, Global Transaction Services, Treasury & Markets, and Project Finance. All the teams work closely together to ensure a quality service is enjoyed by our clients.

The frontline teams of DBS Australia (Institutional Banking Group, Treasury & Markets, Project Finance, Global Transaction Services) are supported by dedicated Technology, Operations, Finance, Risk Management Group, Legal & Compliance, and Human Resources teams in Australia.

About Risk Management Group

Risk Management Group (RMG) works closely with our business partners to manage the bank’s risk exposure by balancing its objective to maximize 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. 

Key Accountabilities

• Deliver quality credit decisions/recommendations based on sound judgement, by adopting a systematic and consistent approach in line with the Bank’s credit policies and guidelines on a timely basis.

• Meet Risk Controls and Compliance goals including timely turnaround of credit decisions, satisfactory Internal Audit/External Review outcomes

• Proactively manage the overall credit risk portfolio of Australia Branch.

• Active participation in all credit-related initiatives within RMG and Australia Branch.

• Actively work with Australia IBG Team Head to formulate an appropriate credit training program for Relationship Managers to upskill credit risk management and working knowledge of Credit Policies, global and local industry knowledge and emerging trends.

• Co-ordinate and ensure appropriate responses to the Annual and Triennial CPS 220 Reviews, Risk Management Declaration and review of local Credit Risk Policies.

Job Duties & responsibilities

1. As a Credit Approver:

a) Ensure credit approvals/reviews are approved/supported on a timely basis

b) Work with the Relationship Managers in structuring complex transactions to manage/minimise risk profile of the transaction

c) Screen marginal credits through early involvement to reduce unproductive efforts by Relationship Managers to improve efficiency and reduce turnaround time

d) Visit existing and potential clients, and site visits together with Relationship Managers.

e) Pro-actively identify and recommend remedial/defensive actions for Borrowers which display potential concerns or weakness.

f) Manage working relationships across the Branch to facilitate successful execution of transactions

g) Assess New Product Approvals to ensure that Credit risks and processes are appropriately identified and addressed prior to the rollout of the new product.

h) Actively work with Australia IBG Team Head to formulate an appropriate credit training program coach for Relationship Managers

i) Provide feedback on Credit Policies to respective Head Office teams and communicate Group and Local Credit Policies changes as well as seeking feedback from IBG Australia for any proposed changes.

j) Reviewing new Credit-related regulatory requirements and assessing the impact on the Branch including the rollout of new workstreams and Australia Policy addendum to ensure that the Credit-related regulatory requirements are met.

Additional Duties Assist Head of Credit Risk in discharging the obligations under CPS 220 for the Annual and Triennial Reviews, Annual Risk Management declaration and update of Credit Risk Policies.

Experience

• 15 or more years of experience in Banking at least 10 of which should be in a Credit function exercising delegated credit authority

• Proven project finance experience in Energy, Renewables, and Infrastructure sectors (preferred)

• Knowledge of the Australia market, Industry sectors and product are critical.

Skills and Capabilities Required

• Strong verbal and written English communication skills

• Advanced Microsoft Office

• Expert Credit Skills

• Strong Credit control and process management mindset

• Results oriented team player with strong interpersonal skills.

• Currently based in Australia and have the right to work in Australia.

Location:

DBS Sydney

Job:

Risk Management

Schedule:

Regular

Employee Status:

Full time