Senior Manager - Credit Risk

The Senior Manager - Credit Risk ensures that all relevant areas of credit risk are identified, monitored, measured and reported effectively and regularly and that the appropriate management structures, processes, and policies are in place to manage credit risk in terms of the bank’s risk appetite and policies. The Senior Manager-Credit Risk will lead initiatives for development of methodologies for credit origination and the measurement and management of risk in the Credit Portfolio of the bank, will develop and enhance the Credit Reporting & Monitoring framework which meets the requirements of internal and external stakeholders.

KEY RESPONSIBILITIES:

• 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 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 on a monthly basis 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.