WeLab Bank - Senior Manager, Portfolio Lending Risk

About the role

As a Senior Manager in Portfolio Lending Risk at WeLab Bank, you will play a role in shaping the risk management strategies associated with our lending portfolio. This position is crucial for ensuring that our lending practices align with regulatory standards while also supporting the bank's growth objectives. You will lead a dedicated team, leveraging data analytics and risk assessment methodologies to identify potential risks and opportunities within our lending operations. Your insights will directly influence decision-making processes and contribute to the overall financial health of the organization.

Key facts

What you'll do

• Develop and implement comprehensive risk management frameworks for the portfolio lending segment, ensuring alignment with both local and international regulatory requirements.
• Conduct thorough risk assessments on existing and new lending products, identifying potential vulnerabilities and recommending mitigation strategies.
• Collaborate with cross-functional teams, including credit risk, operations, and compliance, to enhance the overall risk management process and ensure cohesive strategies across departments.
• advanced data analytics tools to monitor portfolio performance, identifying trends and anomalies that may indicate emerging risks.
• Prepare detailed reports and presentations for senior management and stakeholders, summarizing risk assessments and providing actionable insights for strategic decision-making.
• Lead and mentor a team of risk analysts, fostering a culture of continuous improvement and professional development within the team.
• Stay abreast of industry trends, regulatory changes, and best practices in risk management, integrating relevant insights into the bank's risk strategies.
• Engage with external auditors and regulatory bodies during reviews and examinations, ensuring that the bank's risk management practices meet or exceed expectations.
• Drive initiatives to enhance the bank's risk culture, promoting awareness and understanding of risk management principles across the organization.
• Participate in the development of new lending products, ensuring that risk considerations are integrated into the product design and launch processes.
• Monitor and evaluate the effectiveness of risk mitigation strategies, making adjustments as necessary to optimize performance and compliance.
• Contribute to the development of the bank's overall strategic plan, ensuring that risk management is a key consideration in all business initiatives.

Requirements

• A minimum of 7 years of experience in risk management, with a focus on portfolio lending or credit risk within a banking or financial services environment.
• Strong understanding of regulatory frameworks governing lending practices, including local and international standards.
• Proven experience in data analysis and risk assessment methodologies, with proficiency in relevant analytical tools and software.
• Excellent leadership skills, with a track record of managing and developing high-performing teams.
• Strong communication skills, both written and verbal, with the ability to present complex information clearly to diverse audiences.
• Ability to work collaboratively in a fast-paced environment, managing multiple priorities and deadlines effectively.
• A degree in finance, economics, business administration, or a related field; advanced degrees or professional certifications (e.g., CFA, FRM) are preferred.

Nice to have

• Experience in digital banking or fintech environments, with a strong understanding of emerging trends and technologies in the lending space.
• Familiarity with machine learning and AI applications in risk management and lending practices.
• Multilingual capabilities, particularly in Cantonese and Mandarin, to facilitate communication with diverse stakeholders.

Skills & tools

• Proficiency in data analytics tools such as SQL, Python, or R for risk modeling and analysis.
• Familiarity with risk management software and platforms that support portfolio monitoring and reporting.
• Strong analytical skills, with the ability to interpret complex data sets and derive actionable insights.
• Excellent project management skills, with experience in leading cross-functional initiatives.

Practical notes

• Interested candidates should apply through the WeLab careers page at [WeLab Bank Careers](https://welab.bamboohr.com/careers/907).
• The role is based in Quarry Bay, Hong Kong, and may require occasional travel for meetings or training.
• WeLab Bank is committed to fostering a diverse and inclusive workplace; we encourage applications from individuals of all backgrounds.

META

Company: Welab

Title: WeLab Bank

Senior Manager, Portfolio Lending Risk

Listed

location: Quarry Bay, Hong Kong

Job type: Full-time