Founded in 2015 to address the unmet financing needs of SMEs, Validus is the leading all-in-one SME financing platform in Southeast Asia today, providing small businesses with faster and effortless one-stop financial solutions. Headquartered in Singapore, we’re present in 4 markets – Indonesia, Singapore, Thailand, and Vietnam.
We’re on a mission to drive financial inclusion and prosperity for small businesses by leveraging data, AI, and strategic partnerships to drive growth financing to under-served SMEs. To date, we have disbursed more than USD 2 billion in loans to small businesses across the region. In Singapore, our SME-focused, full-suite business finance offering includes loans, business accounts, corporate cards, payments, and expense management. Validus is backed by top-tier VCs and strategic investors, with more than S$60M in capital raised.
An award-winning FinTech, Validus has won first runner-up (Singapore FinTech – Singapore Founder category) at SFF Global FinTech Awards 2022, first place at MAS FinTech Awards 2020 (Singapore Financial Institution), Top 10 FinTech Leaders and FinTech Leaders under 30 at SFF Global FinTech Awards 2021. Validus was named by LinkedIn as one of the Top 15 Start Ups in Singapore in 2021.
We are seeking an experienced Credit Analyst to join our team responsible for the credit risk management function within our organization. The Credit Analyst will be responsible for assessing and mitigating credit risks associated with our lending activities, ensuring compliance with regulations, and developing and implementing credit risk strategies and policies.
- Develop and implement credit risk management strategies and policies in line with industry best practices and regulatory requirements.
- Evaluate creditworthiness of potential borrowers through comprehensive financial analysis, credit scoring models, and assessment of collateral and guarantees.
- Conduct thorough credit risk assessments on new and existing customers, reviewing credit applications and financial statements to determine credit limits, terms, and conditions.
- Monitor and analyze credit exposure and portfolio performance, identifying and reporting potential credit risks and deviations from established credit policies.
- Implement effective credit risk monitoring tools and systems to track and manage credit exposures, including early warning indicators and credit risk metrics.
- Collaborate with internal stakeholders, such as underwriters, relationship managers, and collections teams, to provide credit risk insights and recommendations for credit decisions and collections strategies.
- Stay up to date with industry trends, regulatory changes, and emerging credit risks, and assess their impact on the credit portfolio.
- Ensure compliance with relevant regulatory requirements and internal credit policies and procedures.
- Prepare and present credit risk reports to senior management and other stakeholders, highlighting key risk trends, portfolio performance, and recommendations for risk mitigation.
- Develop and maintain strong relationships with external stakeholders, such as credit bureaus, auditors, and regulatory authorities.
Skills and Experience
- Bachelor’s degree in finance, economics, business administration, or a related field. A master’s degree or professional certification in risk management is a plus.
- 3-5 years’ experience in credit risk management, preferably in a financial services or Fintech industry.
- In-depth knowledge of credit risk assessment methodologies, credit scoring models, and underwriting principles.
- Strong understanding of regulatory requirements and industry best practices related to credit risk management.
- Proficient in financial analysis, including the evaluation of financial statements, cash flow analysis, and financial ratios.
- Excellent analytical and problem-solving skills, with the ability to interpret complex data and make sound credit risk decisions.
- Solid understanding of credit risk monitoring tools and systems, and experience in implementing and utilizing them effectively.
- Strong communication and interpersonal skills, with the ability to collaborate and build relationships with internal and external stakeholders.
- Attention to detail and ability to work under pressure in a fast-paced environment.
- Strong organizational and time management skills, with the ability to prioritize and manage multiple tasks simultaneously.
Validus reaffirms its policy of non-discrimination regardless of race, colour, creed, age, gender, religious belief, or nationality. Applications for employment shall be considered solely on the applicant’s ability to perform the duties of his/her position and fulfil the responsibility of the position for which he/she is being considered or hired