Assistant Manager/ Manager, Asset Quality & Monitoring (Risk Management Dept)

CMB Wing Lung Bank Limited is a Licensed Bank registered in Hong Kong, which is formerly known as Wing Lung Bank. Founded on 25th February 1933, CMB Wing Lung Bank is among the oldest local Chinese banks in Hong Kong. In 2008, CMB Wing Lung Bank was acquired by China Merchants Bank (CMB). In 2009, the Bank has become a wholly-owned subsidiary of CMB. In 2018, the Bank has renamed as CMB Wing Lung Bank.

CMB Wing Lung Bank and its subsidiaries hold multi licenses in banking, insurance, securities, trust and asset management sectors. Serving customers with whole-hearted, the Bank provides comprehensive banking products and services including retail banking, corporate banking and financial markets, etc. Among them, private banking, syndicated loans, bond issuance, financial markets, asset custody and asset management are influential and competitive in the market. At present, the Bank has over 30 branches and business outlets located in mainland China, Hong Kong, Macau and overseas, etc regions. The Bank has nearly 2,000 employees.

Following the motto of “Progress with prudence, service with sincerity”, the Bank embraces “Serving with Heart, Quest for efficiency, Caring for sincerity” service value into the daily operation. The Bank strives to build a first-class, innovative and cutting-edge commercial bank in Hong Kong and provides an integrated local and cross-border financial and banking services for customers.

Responsibilities:

• Monitor portfolio asset quality on an ongoing basis and perform bank-wise asset quality management
• Manage provisions for credit risk project by applying IFRS 9 accounting standards and regulatory requirements, utilizing models or individual cash flow projections
• Assist to manage the annual budget
• Develop and execute strategies to monitor/control credit exposures across sectors (e.g., real estate, manufacturing, geographic regions, and counterparty types (e.g., SOEs, SMEs); And ensure compliance with regulatory limits (e.g., single-borrower limits, large exposure rules) through robust reporting and risk appetite frameworks
• Liaise with regulators during inspections, ensure timely submission of credit risk reports
• Stay updated on the latest regulatory requirements, including Basel III, IFRS 9, and other relevant guidelines
• Collaborate with other departments of the bank (including business units, second line, and finance management department, etc.) to ensure that credit risk taking is consistent with the institution’s strategy
• Cooperate with the department’s reporting team, model team, policy team, and data team to assist the whole department in credit risk control

Requirements:

• Degree holder preferable in Finance, Economics, Risk Management, Accounting or other relevant disciplines
• Minimum 3 years relevant experience in the financial related industry, experience in managing both corporate and/or retail credit risk portfolios is highly desirable
• Familiar with Hong Kong’s regulatory environment and requirements such as Basel III and IFRS 9 for risk management practices
• Advance skills in Excel (Pivot Tables, Macros or VBA) for data processing and trend analysis; Experience with BI tools (Tableau, or Power BI) to create dynamic risk dashboards and reports
• Familiar with the basic operation of Bloomberg system, Microsoft Office Suite especially in PowerPoint skills to present risk assessments and strategies to Management; Knowledge of using Word for drafting various types of risk analysis reports
• Strong data analysis capabilities, with a proven track record in the following core areas: Credit Risk Management (corporate or retail clients) Asset Quality & Provisioning
• Strong adaptability, stress resistance, strategic thinking, and ability to balance risk mitigation with business growth objectives in a fast-paced, regulatory-intensive environment
• Proficiency in both spoken and written English and Chinese (including Mandarin & Cantonese)

Applicants of this job may be regarded as In-Scope Individuals of the Mandatory Reference Checking Scheme (MRC Scheme). It is a standardised reference-checking arrangement that is designed to support the integrity of “authorized institutions” regulated by the Hong Kong Monetary Authority (HKMA). Pursuant to the MRC scheme, our bank will conduct a mandatory reference check by requesting information from each relevant former and current employer of applicants. For more details on the In-Scope Individuals, please visit https://www.hkab.org.hk/en/page/5/mandatory-reference-checking-scheme-phase-2.