Vice President (corporates - Korea) - Credit Approver

Sumitomo Mitsui Banking Corporation

Singapore
**
Credit analysis
Credit approval
Financial products
** Sumitomo Mitsui Banking Corporation is seeking a Vice President of Credit Approvals in Singapore, responsible for reviewing and assessing credit applications, managing credit risks, and ensuring compliance with internal and regulatory standards. The ideal candidate will have extensive experience in credit analysis, particularly with large corporate groups, and proficiency in both Japanese and Korean is essential for effective communication. **

Job Summary

  • To independently review and assess several types of credit applications submitted from business units; to make concise and precise executive summary; to impose necessary risk-mitigating instructions and conditions and seek approval under assigned authority or from relevant higher authorities.
  • To evaluate quality of assigned credit portfolio to ensure integrity of credit administration, accuracy of risk rating, effectiveness of credit terms and compliance of relevant covenants, credit policy, regulatory requirements and ESG framework.
  • To establish a proactive action plan to identify credits likely to deteriorate and closely monitor existing distressed credits to minimize credit costs.

Matching Summary

Match Score: 75

** Sumitomo Mitsui Banking Corporation is seeking a Vice President of Credit Approvals in Singapore, responsible for reviewing and assessing credit applications, managing credit risks, and ensuring compliance with internal and regulatory standards. The ideal candidate will have extensive experience in credit analysis, particularly with large corporate groups, and proficiency in both Japanese and Korean is essential for effective communication. **

Skills & Requirements

Must-have

  • credit analysis
  • credit approval
  • financial products
  • lending principles
  • credit insurance/ECA
  • complex financial transactions

Nice-to-have

  • sustainability embedded strategy
  • proactive action plan
  • risk mitigating instructions
  • Korean corporate clients
  • Japanese business culture

Key Requirements

  • 8-12 years experience
  • 5 years credit analysis/approval
  • Bachelor's Degree or equivalent
  • Proficiency in Japanese
  • Proficiency in Korean advantageous

Work Rights

Not specified

Tailored Resume

Cover Letter