Head of Credit

4 weeks ago

Kuala Lumpur, Kuala Lumpur, Malaysia Phillip Capital Sdn Bhd Full time

Company Description

Phillip Capital Sdn Bhd, formerly known as Phillip Futures, specializes in derivatives trading. Established on October 7, 1995, the company expanded into stockbroking in August 2022, offering clients a wider range of trading options. Serving as a key player in Bursa Malaysia and its derivatives exchange, Phillip Capital leverages over 30 years of experience from its Singapore office. By focusing on IT and superior customer service, Phillip Capital provides integrated services tailored to clients' needs and aims to build lasting relationships in the evolving financial and commodity landscape.

We are seeking motivated, committed, qualified candidates to lead our Credit department at our multinational company. The candidate will be responsible for managing the credit function across stockbroking, derivative broking, and proprietary trading activities. This includes ensuring effective risk assessment, underwriting, and operational efficiency while monitoring and mitigating credit risks. The role also encompasses overseeing credit and risk monitoring for the firm's proprietary trading operations, balancing risk management with business growth and regulatory compliance.

Key Responsibilities:

Credit Strategy and Policy Development:

  • Develop and implement credit policies, frameworks, and risk appetite specific to stockbroking, derivative broking, and proprietary trading activities.
  • Align credit strategies with the firm's overall business objectives and risk management framework.
  • Establish and enforce robust credit underwriting standards and risk mitigation practices tailored to client and proprietary trading exposures.

Credit Underwriting and Operations:

  • Oversee the end-to-end credit underwriting process for stock, derivative, and proprietary trading portfolios, ensuring accurate and timely decision-making.
  • Manage credit operations, including the setup, monitoring, and review of credit accounts and trading limits across all segments.
  • Ensure seamless execution of operational workflows, from account onboarding to utilization and settlements, for both client and proprietary trades.
  • Identify and implement process improvements to enhance the efficiency of credit operations.

Proprietary Trading Credit and Risk Monitoring:

  • Oversee credit exposure and risk monitoring for the firm's proprietary trading activities, ensuring alignment with approved limits and risk appetite.
  • Collaborate with trading desks to assess credit implications of proprietary strategies, including high-frequency trading, arbitrage, and other derivatives.
  • Establish robust risk frameworks to manage credit, market, and counterparty risks in proprietary trading.
  • Conduct stress-testing and scenario analysis to evaluate potential impacts of market volatility on proprietary positions.

Credit Assessment and Approval:

  • Evaluate and approve or recommend credit facilities for clients, including margin trading, derivative positions, and trading accounts, based on thorough analysis.
  • Monitor counterparty risk models and implement exposure limits for clients and proprietary trading.
  • Ensure comprehensive due diligence for all credit proposals, including proprietary exposures.

Risk Monitoring and Control:

  • Monitor ongoing credit exposure and trading positions across client and proprietary portfolios to ensure compliance with internal policies and regulatory requirements.
  • Implement early warning systems to identify potential risks, including mark-to-market losses, concentration risks, and margin calls.
  • Conduct periodic reviews of credit portfolios, focusing on high-risk derivative transactions and proprietary trading exposures.

Team Leadership and Development:

  • Build, lead, and mentor a high-performing credit team with expertise in equity, derivatives, and proprietary trading.
  • Train staff on credit risk policies, underwriting standards, and the nuances of proprietary trading credit management.
  • Collaborate with trading, compliance, and risk teams to ensure cohesive credit and risk management practices.

Compliance and Regulatory Oversight:

  • Ensure adherence to regulatory requirements, including capital adequacy, margin requirements, exposure limits, and proprietary trading guidelines.
  • Liaise with regulators, auditors, and other stakeholders on credit and risk-related matters.
  • Stay updated on market and regulatory changes impacting credit and proprietary trading, ensuring timely adjustments to policies.

Reporting and Analytics:

  • Prepare and present periodic reports on credit exposure, underwriting performance, and operational metrics across all market segments, including proprietary trading.
  • Leverage data analytics to gain insights into client behavior, credit utilization, and risk trends across equity, derivatives, and proprietary trading.
  • Drive the implementation of advanced credit risk management tools and systems for a unified view of risk.

Qualifications and Experience:

Education:

  • Bachelor's degree in Finance, Economics, Accounting, or a related field.
  • Master's degree (MBA) or certifications such as CFA, FRM, or PRM are highly desirable.

Experience:

  • 10+ years of experience in credit risk management, underwriting, and operations within stockbroking, derivative broking, proprietary trading, or financial services firms.
  • Proven track record of managing credit portfolios and implementing risk frameworks for client and proprietary trading activities.
  • Familiarity with margin trading, derivative credit risk, and market dynamics, including proprietary trading strategies.

Skills:

  • Deep understanding of credit risk principles, underwriting processes, and the unique risks of proprietary trading.
  • Strong analytical and decision-making skills, with a focus on equity, derivatives, and proprietary trading risks.
  • Excellent communication and interpersonal abilities for engaging with clients, regulators, and internal stakeholders.

Proficiency in credit risk management tools, derivatives modeling, and trading systems.

  • Proprietary Trading Expertise: Strong understanding of margin, counterparty risk, and credit monitoring for proprietary trading.
  • Operational Excellence: Expertise in credit underwriting and operational efficiency across equity, derivatives, and proprietary trading.
  • Risk Acumen: Ability to balance risk management with business growth objectives.
  • Regulatory Expertise: Comprehensive knowledge of stock, derivative, and proprietary trading regulations.
Seniority level
  • Executive
Employment type
  • Full-time
Job function
  • Finance and Sales
  • Industries
  • Capital Markets
#J-18808-Ljbffr

  • Head of Credit Policy

    4 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia OCBC Full time

    Head of Credit Policy & Portfolio ManagementOCBC WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, MalaysiaResponsibilitiesActive review of policy to ensure robust end to end credit risk management of Retail Portfolio (Emerging Business/ SME and Consumer portfolio).Align local policy with Group's and administer local L3-L5 policy, including Regulatory...

  • Deputy Head, Credit Processing

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AmBank Group Full time

    Deputy Head, Credit Processing (Business Banking)Add expected salary to your profile for insightsEvaluate credit applications, identifying potential risks and proposing viable solutions in lending to SME segment for products such as TL, OD, Trade, industrial hire purchase and PayG.Navigate complex credit scenarios and ensure compliance with internal policies...

  • Head of Credit Management

    1 week ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Phillip Capital Sdn Bhd Full time

    About UsPhillip Capital Sdn Bhd is a leading financial services firm specializing in derivatives trading and stockbroking. Established in 1995, we have expanded our offerings to provide clients with a broader range of trading options.As a key player in Bursa Malaysia and its derivatives exchange, we leverage over 30 years of experience from our Singapore...

  • Head of Credit Policy

    4 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia OCBC Bank Full time

    Job Description - Head of Credit Policy & Portfolio Management (250000F9)POLICYActive review of policy to ensure robust end to end credit risk management of Retail Portfolio (Emerging Business/ SME and Consumer portfolio).Align local policy with Group's and administer local L3-L5 policy, including Regulatory changes and Developer's Project End Financing...

  • Head of Market Traded Credit Risk

    5 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AFFIN Group Full time

    The Head of Market Traded Credit Risk is responsible for developing and maintaining credit risk policies and procedures that align with the bank's overall risk strategy. This involves close collaboration with both the Credit and Market Risk teams.Key AccountabilitiesDevelop and maintain credit risk policies and procedures.Ensure compliance with all...

  • Head of Credit

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Phillip Capital Group Full time

    Add expected salary to your profile for insightsWe are seeking motivated, committed, qualified candidate to lead our Credit department at our multinational company. The candidate will be responsible for managing the credit function across stockbroking, derivative broking, and proprietary trading activities. This includes ensuring effective risk assessment,...

  • Head of Counterparty Credit Risk

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Hays Recruiting MY Full time

    Your new companyThis prestigious financial institution is looking for a well experienced Head of Counterparty Credit Risk to join the fast growing team.Your new roleAs the Head of Counterparty Credit Risk, you will be responsible for managing the group's counterparty risk exposure to ensure various financial risks are within the limit. You will also...

  • Head of Credit Approval and Risk Assessment

    3 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Hong Leong Bank Full time

    Job RoleWe are looking for an experienced Head of Credit Approval and Risk Assessment to join our team. As a key member of our Wholesale Credit Division, you will be responsible for overseeing credit approval and risk assessment processes.Key Responsibilities:Develop and implement policies and procedures to ensure effective credit risk management.Collaborate...

  • Credit Policy Director

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia OCBC Bank Full time

    **Job Description:**The Head of Credit Policy will be responsible for leading our credit policy function, ensuring robust end-to-end credit risk management across our retail portfolio.This includes active review of policy, alignment with Group's and administration of local L3-L5 policy, engagement with business and senior management, and providing regular...

  • Vice President, Treasury Credit Risk

    3 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AFFIN Group Full time

    Vice President, Treasury Credit RiskApply LocationsMenara Affin, TRXJob PurposeTo manage and oversee credit risk exposure from market-traded instruments, ensuring proper risk assessment, monitoring, and mitigation. This role involves direct reporting to the Head of Credit Risk & indirect reporting to Head of Market Risk, ensuring close collaboration and...

  • Deputy Head, Credit Processing

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Gated Talent Full time

    To evaluate credit applications, identifying potential risks and proposing viable solutions in lending to SME segment for products such as TL, OD, Trade, industrial hire purchase and PayG.To navigate complex credit scenarios and ensure compliance with internal policies, statutory guidelines has been commendable and meets SLA at all times.Managing a team with...

  • Senior Account Manager, Credit and Risk

    2 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AFFIN Group Full time

    Senior Account Manager, Credit and RiskAFFIN Group seeks a highly skilled Senior Account Manager to join our Corporate Banking team. The ideal candidate will have a strong background in credit and risk management.The Senior Account Manager will assist the Head of Department in credit acquisition for corporate loans/financings, focusing on originating deals,...

  • Head of Corporate Loan Origination

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AFFIN Group Full time

    About the RoleThe Head of Corporate Loan Origination position at AFFIN Group is responsible for driving the credit acquisition process for corporate loans and financings. This includes leading teams, managing relationships with clients, and ensuring that our financial services meet the highest standards.Key AccountabilitiesCredit Origination: Work with the...

  • Head of Application Software Development

    1 day ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Shenma Credit Sdn Bhd Full time

    Head of Application Software DevelopmentWe are seeking an experienced and dynamic Head of Application Software Development to lead our software development team in creating, enhancing, and maintaining high-quality, scalable applications. The successful candidate will be responsible for:Overseeing the end-to-end development lifecycle.Driving innovation and...

  • Head of Credit Policy Manager

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia OCBC Bank Full time

    **Job Overview:**As a key member of our team, you will play a crucial role in shaping and implementing our credit policy to ensure robust end-to-end credit risk management across our retail portfolio.We are seeking an experienced professional with a strong background in risk management and credit policy to lead our efforts in this area.Active review of...

  • Dealership Head

    7 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AFFIN Group Full time

    Take on the challenge of leading our Dealership team as a Dealership Head at AFFIN Group. As a key member of our team, you will be responsible for driving sales growth through strategic relationship-building with car dealers and distributors.Key Objectives:Market Share Expansion: Develop and execute plans to expand our market share by leveraging...

  • Senior Credit Operations Manager

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Sumitomo Mitsui Banking Corporation Full time

    Job DescriptionThis role involves assisting the Credit Operation Services Department Head in delivering daily credit operations activities insourced from SMBC branches. Key responsibilities include Financial Data Input, credit document checking, credit limit implementation, credit applications and credit monitoring activities.Draft and vet facility letter,...

  • Investment Analyst

    5 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Prudential Hong Kong Limited Full time

    We are seeking a highly skilled Credit Analyst to join our team. As a key member of our Fixed Income Research team, you will play a critical role in evaluating the creditworthiness of fixed income securities.Responsibilities:Conduct thorough research on fixed income securities, analyzing financial statements, industry trends, and market conditions.Develop...

  • Senior Credit Manager

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia RHB Bank Full time

    Add expected salary to your profile for insightsTo conduct credit evaluation/assessment on credit applications from Wholesale/SME Banking including regional offices to identify/mitigate credit risks by proposing appropriate recommendations and to ensure quality assets are booked.To approve credit applications within his/her delegated discretionary authority...

  • Credit Risk Management Executive

    5 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia AFFIN Group Full time

    Key ResponsibilitiesThis role will involve:Credit Acquisition: Work with the Head of Department and lead the team to originate deals, wallet sizing, and cross-selling existing portfolio, exceeding client expectations and overall growth.Account Profitability: Maximize earnings potential and revenue of relationships. Review and monitor revenue...