Mandatory Reference Checking Scheme (“MRC”) for Hong Kong
The Mandatory Reference Checking Scheme is a framework to facilitate Authorized Institutions (“AIs”) to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual’s previous employments can be provided to AIs to inform their employment decisions.
For information related to MRC Scheme, “Frequently Asked Questions for In Scope Individuals” is published by HKAB/Industry Guidelines (https://www.hkab.org.hk/en/home) or further information will be available upon request, if it is applicable to the position(s) applied.
Country of Location:
China Hong KongJob Responsibilities:
Drive Early Alert Review (“EAR”) mechanism, including but not limited to the screening of EAR triggers (loan excess, overdue, breach of loan covenants, financial deterioration, etc.) and policy maintenance.
Provide recommendation and establish risk strategy of problematic accounts to management.
Prepare various management reports (in particular asset quality) to be submitted to Head Office or HKMA.
Initiate and organize ad-hoc portfolio reviews and reporting on credit portfolio risk aspects, and report to the senior management and Head Office.
Participate in relevant credit risk projects to improve risk monitoring and portfolio management.
Monitor the adverse news and development of corporate clients and prepare the monthly adverse news report.
Liaise with regulators , internal and external auditors for thematic examinations and regular audits.
Provide coaching and guidance to teammates.
Other tasks assigned by management.
Requirements:
Degree in Business Administration, Finance, Accounting, Statistics or Risk Management.
Minimum 6-8 years of banking experience gained in sizeable financial institutions, in which 3-5 years of experience in credit risk/ credit control.
Holder of Certified Credit Risk Management Professional (Credit Portfolio Management) (CCRP(CPM)) is preferred.
Strong problem solving, analytical and communication skills, must be a team player.
Proficient in both spoken and written English and Chinese including Putonghua.