SENIOR VICE PRESIDENT & DEPUTY HEAD, RISK MANAGEMENT

Company
BOC Aviation
Job Location
Singapore, Asia Pacific
Job Role
Corporate
Contract Type
Full-Time
Salary
Posted Date
2024-12-11
Job Expiry Date
2025-01-10
Qualification
Bachelor’s Degree

Reporting to the Chief Risk Officer (CRO), the successful candidate will be responsible for:

 

Risk Management Leadership

  • Lead, manage and oversee the Risk team members within assigned regions.
  • Manage and implement the Company’s key risk policies, including (a) credit and asset risk; (b) liability risk; (c) AML/KYC policies.
  • Support the attainment of all deliverables under the Risk Management workplans, including the attainment of KRIs and corporate scorecard KPIs that are under the purview of Risk Management.
  • Support regular reviews of all enterprise risk matters within the Company, ensuring risks identified across the Company such as liquidity, aircraft/engine type, technical, cyber security, insurance, and reputation risks are mapped and mitigated to the best extent practicable.


Credit and Asset Portfolio Management

  • Actively manage Company’s portfolio through recommendations on credits to add / exit, supported by analysis and forecasting, with a view to minimising risk by enhancing overall portfolio credit quality and increasing diversification in line with the Company’s risk management policy.
  • Lead due diligence effort for new or repeat business, ensuring all pertinent risk information is disclosed in the relevant credit reports in a timely manner and is appropriately highlighted.


Cashflow Risk – Lessee Collections and Restructuring

  • Lead collections effort for overdue payments.
  • Champion restructuring efforts as required, and recommend restructuring solutions to Restructuring and Management Committees.


Liability Risk Management

  • Develop and implement liability risk management policy and make recommendations on required enhancements to the policy.
  • Maintain overview of portfolio liability risk limits.
  • Manage the Company's financial and non-financial counterparty risk positions.


Compliance Risk Management

  • Implement the Company’s AML/KYC policy.
  • Lead KYC efforts with lessees, buyers of aircraft, lenders, and vendors.


Risk Governance

  • Support the Secretary of Board Risk Committee (i.e. the CRO) in convening meetings, and preparation of materials. Draft Minutes and Chairman's Board Report.
  • Coordinate reporting to the Board Risk Committee from other functions, where required, under the terms of reference.


Team Management

  • Build a proactive culture based around planning, preparation and execution.
  • Lead by example for the Risk team in terms of integrity, skill and work ethic.
  • Lead and drive team performance to align individual goals with team and Company goals.
  • Motivate, lead, and manage team members to ensure balanced workloads, availability of alternates so that workstreams can be managed without interruption.’
  • Oversee professional development of team members through structured coaching and development action plans.


Projects

  • Ad hoc projects or tasks as assigned by the CRO, Chief Commercial Officer (Asia Pacific & Middle East), and/or the CEO.


Job Requirements:

  • 10 years or more experience in the aviation or aircraft financing industry, with at least 5 years in risk management, including airline credit or equity research.
  • Excellent self-motivation and problem-solving skills, with the ability to drive tasks to completion, and achieve results
  • Strong analytical and evaluation skills, with the capability to think strategically
  • Solid verbal and written communication ability
  • Meticulous, with keen attention to details, while working in a fast-paced environment
  • Driven, proactive, diligent, and strong work ethics
  • Positive influence with proven ability to lead, motivate, and empower the team
  • Strong verbal and written Chinese language skills is a plus


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