Head of Credit (Prime Brokerage)

International Permanent View Job Description
This is a newly created role and the successful candidate's primary focus will be to work with the credit team in the brokerage space and effectively advise on matters across a range of existing and new products in Singapore. The ideal candidate will be responsible for all debt and equity capital markets products offered across the business.
  • New Headcount
  • Dynamic Team

About Our Client

Our client is a strong financial institution headquartered in Singapore and is a widely recognised brand in every country they operate in. In addition to their broking services, they provide value added services in corporate advisory and fund raising. They are at the heart of regional economic activities and are well-placed to tap into the deep market knowledge necessary to respond swiftly to their clients.

Job Description

Reporting to the Chief Risk Officer, the Head of Credit will be involved in the following :-

  • Review and manage financial matters, including remisiers' commission payments, dealer statements, and payouts, ensuring they align with risk and credit policies.
  • Monitor collection of outstanding contra losses, review monthly status reports, and address escalations as needed.
  • Approve various requests, such as amendments, payment extensions, privilege waivers, and trust account withdrawals.
  • Review trading representatives' and clients' trading exposures and limits.

The Successful Applicant

To qualify, the potential Head of Credit should meet the following criteria :-

  • At least 12 years of credit risk management experience within a securities brokerage.
  • Deep understanding of financial products and regulatory frameworks, including regulatory requirements.
  • Confident in expressing and communicating a credit opinion, including a negative recommendation.
  • Strong stakeholder collaboration skills.

What's on Offer

Our client is providing a unique opportunity in Singapore to help grow their footprint in the region. As this is a senior role, remuneration and bonuses will be in line with market.

Contact
Devan Nanthacumar (Lic No:R1871442 / EA no:18S9099)
Quote job ref
JN-032025-6683495
Phone number
+65 6416 9879

Job summary

Function
Banking & Financial Services
Specialisation
Risk Management
What is your area of specialisation?
Financial Services
Location
International
Contract Type
Permanent
Consultant name
Devan Nanthacumar (Lic No:R1871442 / EA no:18S9099)
Consultant contact
+65 6416 9879
Job Reference
JN-032025-6683495

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.