(Senior) Credit Risk Officer (Base in Beijing)

Credit Risk Officers assess and manage the risk of financial loss due to borrowers failing to repay loans. They typically work in banks, financial institutions, and brokerage firms, analyzing credit data and financial statements to make informed lending decisions.

What this role usually involves

• Evaluate creditworthiness of individuals and companies applying for loans or credit.
• Analyze financial statements, credit reports, and market data to assess risk levels.
• Prepare credit risk reports and recommendations for approval or rejection of credit applications.
• Monitor existing credit portfolios to identify potential risks and suggest mitigation strategies.
• Ensure compliance with internal credit policies and regulatory requirements.
• Collaborate with other departments to support risk management and decision-making processes.

Skills employers usually look for

• Strong analytical and numerical skills to assess financial information.
• Good understanding of credit risk assessment techniques and financial products.
• Attention to detail and ability to identify potential risks.
• Effective communication skills for reporting and advising stakeholders.
• Problem-solving skills to develop risk mitigation strategies.
• Familiarity with relevant software and databases used in credit risk management.

Usual qualifications

• A degree in finance, economics, business administration, or a related field is usually expected.
• Professional certifications in risk management or credit analysis are advantageous.
• Knowledge of banking and financial services industry practices.
• Training in financial analysis and risk assessment methods.