Main duties

• Ensure that credit is originated in line with the bank’s risk appetite, policy, and strategy.
• Develop and implement the Bank’s credit risk management strategy for approval by the Board of Directors within the approved credit risk appetite.
• Ensure that the Bank’s approach to credit risk management is appropriate relative to legislative and regulatory requirements, economic and competitive environment, Bank’s values and approved risk appetite.
• Ensure that lending practices are consistent with the Bank’s credit risk strategy and risk appetite (including finding the right balance between risk and reward).
• Recommend changes to the Bank’s credit risk policy and risk appetite where appropriate.
• Adjusts strategies and plans when needed.
• Assist the Head of Credit Risk/ Chief Risk Officer in carrying out the responsibilities pertaining to Board Risk Management Committee which includes preparation of the information pack and responding to data/ analytical requests from the Committee.
• Assist the Head of Credit Risk / Chief Risk Officer in enhancement and review of Credit Policies, Processes & Standards in order to ensure that these reflect the best practice and regulate the risk assets of the group as directed by the Board.
• Final review of loan/credit applications and recommend decisions to the relevant credit sanctioning committee within defined timelines.
• Ensure credit evaluations are complete and of the highest standard.
• Submit and debate credit files at relevant credit sanctioning committees.
• Develop, maintain and implement the Bank’s Lending Policy (e.g., cross-border lending, loan syndication monitoring framework and process).
• Review and update the Bank’s credit rating and credit scoring models in line with changes in risk appetite, market conditions and regulatory guidelines.
• Ensure appropriate management structures, processes, and policies are in place and updated to manage credit risk effectively.
• Ensure compliance with all relevant regulations and internal policies.
• Report deviations as appropriate.
• Oversee the monitoring and control function to ensure the credit portfolio of the bank remains sound.
• Oversee the reporting function with respect to credit matters.
• Ensure all reports, whether internal or regulatory, are of the highest standard and are submitted on time.
• Monitor and report every month on service level turnaround time against agreed targets as per SLA.

 

Prerequisites

• A Degree or Post Graduate qualification in Economics, Commerce, Business/Management, Law, Accounting or a related discipline is preferred.
• At least 10 years in a senior banking role.
• At least 5 years’ experience in a senior credit risk management role.
• Legal, finance or accounting background and experience would be an advantage
• Excellent knowledge of Credit Risk Management including cross-border lending & investment, Consortium and Syndication lending.

Skills

• Excellent leadership and team management skills.
• Attentive to details and target driven, as well as able to multitask and work under pressure.
• Solid understanding of the business and market dynamics, key challenges and competitive landscape.
• Detailed understanding of Regulatory guidelines and internal policies.
• Excellent oral and written communication skills; ability to convey information effectively and convincingly to different levels.
• Good knowledge of credit rating and credit scoring models.
• Excellent working knowledge of MS Word & Excel tools.