Credit Risk Manager

A leading international bank are seeking an experienced credit risk professional to be responsible for assisting in the management of the credit approval process on individual credit facility proposals for Corporate and Retail customers.

Key responsibilities;

• Manage a team of 2 Credit Analysts.
• Ensure the use of a standardized process for evaluating credit proposals ensuring that all approved credits are within the bank's Credit Risk Strategy.
• Assist the CRO in creating Key Performance Indicators (KPIs) for the department and monitor their achievement on periodic basis.
• Perform credit assessments, and provide credit approvals within the authority delegated
• Ensure compliance with established/ approved credit risk policies and procedures and ensure that a sound environment for identifying, measuring, monitoring and controlling credit risk is in place.
• Check coordination with business unit Relationship Managers for the timely receipt of customer documents/ other information required to evaluate the credit worthiness of the proposed borrowers.
• Supervise the assessment of the credit proposals is adequate and analyses the various credit risk facets to measure a final credit risk rating
• Based on the assessment, recommend extending or declining the facility request or asking for additional security/ further structuring of the deal/ facility to safeguard the banks interests.
• Ensure that all credit approvals meet overall policy guidelines and regulations and to stipulate terms and conditions to mitigate the credit risk borne/ faced by the bank.

Key skills;

• Bachelor degree preferably in finance, economics or related subjects.
• Masters or Professional certification such as PRM, CPA, CFA is preferred.
• Minimum of 5-7 years' experience in a large bank in a risk function.
• Experience in working with Microsoft Excel financial modelling and complex data sets.
• Knowledge of the latest banking regulations and relevant accounting standards (including IFRS 9), with particular emphasis on credit-related issues and credit modelling methodologies.