Credit Policy & Governance Head

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.
Overview of Role
This role is responsible for establishing and maintaining the Country Retail Credit Policy & Process Standard (CRCPPS), providing oversight and independent tracking and monitoring of assets quality of PFS portfolios to be within the approved risk appetite, performing quality assurance of the credit cycle as well as conducting strategic business/ portfolio risk review as and when required.
Job Responsibilities
• To govern and be a gatekeeper to ensure retail business (Mortgage, Auto Loan, Credit Card &
• and local regulations
• To establish proper governance process control to facilitate effective review on the product review document (PRD), credit program book (CPB), credit test and any credit policy changes for PFS retail credit portfolio
• To formulate and continuously enhance the independent and robust retail credit PFS trackers to early detect any abnormalities observed for undertaking of escalation actions, covering the analysis on financials (including RRA), asset mix and loan performance
• To independently develop and to continuously enhance MIS monitoring on any PFS retail credit policy changes, to highlight irregularities / non-compliance risk to PFS Risk / Business
• To actively engage with MIS & Control, PFS Risk and Business Finance sourcing for the financial / loan performance information to facilitate oversights and ad-hoc analytic requested by senior management
• To institute proactive oversight on the end-financing post approval monitoring with intent to identify additional high risk zones / developers and negative locations and to trigger escalation process e.g. EF limit review / developer grading downgrades
• To establish and continuously enhance the Quality or Risk Assurance Framework to provide assurance on the line 1 compliance with approved critical policies & process standards, to identify irregularities with continuous input for improvement of end to end credit cycles
• To effectively exercise the oversight role in the portfolio quality review (PQR) / early alert review / management meetings
• To identify the training needs and career development plan as part of the retention plan for the department
• To clearly outline the departmental key roles and responsibilities and the job descriptions for each team member
• To perform ad-hoc task assigned by Country Head, Retail Credit from time to time