Credit Risk Manager
RM 15,000 - RM 15,000 / month
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Job 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.
Job Type: Permanent
Pay: Up to RM15,000.00 per month
Application Question(s):
- Do you have any experience in credit risk management, underwriting, and operations within stockbroking, derivative broking, proprietary trading, or financial services firms?
- Are you familiar with margin trading, derivative credit risk, and market dynamics, including proprietary trading strategies?
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