VP, Credit Approver

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

Credit Review (Retail) is responsible for conducting a detailed credit analysis based on information furnished by the borrower, publicly available information, the lender's evaluation of the borrower's credit needs, and the ability to pay across a range of products against credit standards set by the organization. The Credit Review / Underwriting focus specializes in performing credit reviews of loan portfolios. May identify underwriting weaknesses and suggest changes. Develops, maintains, and evaluates portfolios for compliance to firm-wide or business unit policies and regulations. May involve credit underwriting skills and wealth management responsibilities.

Job Responsibilities

* Assess the creditworthiness of corporate applicants by analyzing financial statements, credit reports, business plans, and other relevant documentation.
* Conduct thorough financial analysis, including cash flow projections, debt service capacity, and collateral valuation, to determine repayment ability and risk exposure.
* Risk assessments, mitigation strategies, and recommendations for approval or rejection.
* Ensure all credit decisions comply with internal credit policies, lending guidelines, regulatory frameworks (e.g., MAS regulations), and industry best practices.
* Collaborate with relationship managers, sales teams, and other internal stakeholders to gather necessary information and clarify application details.
* Identify and escalate potential credit risks or unusual transactions to appropriate management levels.
* Participate in the review and enhancement of credit policies and procedures to optimize efficiency and risk management.
* Keep abreast of market trends, economic conditions, and regulatory changes that may impact credit risk.
Job Qualifications

* Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field.
* Minimum of 5-8 years of experience in credit analysis, credit approval, or risk management within the banking or financial services industry.
* Strong understanding of financial statement analysis, credit products, and lending principles.
* Familiarity with relevant regulatory requirements and credit best practices.
* Excellent analytical, problem-solving, and decision-making skills.
* Ability to work independently and as part of a team in a fast-paced environment.
* Strong written and verbal communication skills, with the ability to articulate complex financial information clearly and concisely.
* Proficiency in Microsoft Office Suite, particularly Excel, and experience with credit risk management systems.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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