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About this Risk Specialist - Credit Monitoring (Assistant Manager/Manager) role at OCBC Bank

OCBC Bank · Onsite · BOS Singapore

Bank of Singapore opens doors to new opportunities.

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!


  • Perform daily monitoring of credit breaches including collateral shortfall and limit excesses and follow up with Front Office for timely rectification.
  • Track and escalate outstanding credit breaches in accordance with established escalation protocols and timelines.
  • Maintain accurate records of approved exceptions ensuring timely reviews, renewals and closure of expired approvals.
  • Prepare and issue margin calls, demand letters and adhoc client correspondences.
  • Monitor post drawdown conditions, ensuring ongoing compliance and timely escalation of overdue items.
  • Support the preparation of management information reports and portfolio monitoring reports.
  • Process and validate portfolio transfers, redemptions and collateral release requests.
  • Perform maker/checker responsibilities for credit related data maintenance in relevant systems, ensuring data accuracy and integrity.
  • Support process reviews, audit requests, regulatory examinations and control testing activities.
  • Maintain procedural documentation and contribute to process enhancement initiatives.
  • Liaise with Front Office, Credit Risk, Operations and other stakeholders to facilitate timely issue resolution and risk mitigation.
  • Ensure adherence to internal policies, regulatory requirements and operational control standards.

Requirements:

  • Bachelor’s degree in Banking and Finance, Business or a related discipline
  • Relevant professional experience may be considered
  • Minimum of 3 years of experience in Credit Monitoring, Credit Risk Support, Loan Operations or a related banking function (Preferably in Private Banking)
  • Experience in monitoring margin shortfalls, excesses and collateral requirements
  • Exposure to private banking products, lombard lending, structured lending or credit operations is preferred
  • Good understanding of the end-to-end credit lifecycle
  • Understanding of the risk and control frameworks within a banking environment
  • Strong analytical skills and attention to detail
Ready to apply to OCBC Bank?
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About OCBC Bank

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to s

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