Job Title: Credit Risk Manager
Department/ Division: Risk

Number of Vacancies: 1

BASIC PURPOSE:
Credit Risk Manager is responsible for the effective independent oversight of risks associated with
Credit portfolio of the bank.

The Manager’s primary responsibility is to develop and implement a credit risk management framework with appropriate tools for identification, measurement, reporting and control of the bank’s credit risk portfolio.

He /she will also provide oversight on the adequacy of the controls over the risk-taking activities and report on adherence to underwriting governance.

MAIN DUTIES AND RESPONSIBILITIES:
• Monitor and ensure key risk activities in credit risk management are undertaken including credit risk policy formulation and development, documentation of credit risk management procedures (pre- and post- sanction, model development and validation for retail, corporate, and, SME lending, credit risk capital computation, data management, risk mitigation programs, monitoring and reporting including determination and monitoring of limits.
• Ensure adequate identification and measurements of the credit risks inherent to the bank’s credit
portfolio
• Undertaking portfolio review to ascertain the adequacy of the underwriting controls, collateral management, compliance to facilities classification, compliance to provision charges and charging off requirements.
• Undertaking various testing of the portfolio to ensure a sound health of the portfolio including stress testing, vintage analysis,
• Reporting and recommending to the management on the various matters on the credit risk performance trends, risk landscape, risk mitigation strategies and programs,
• Act in a timely manner to ensure effective management, and where necessary mitigation.

KNOWLEDGE, SKILLS, QUALIFICATIONS AND EXPERIENCE:

Knowledge
• Risk Control mindset: Should show mastery of risk disciplines at a bank-wide and integrated level, risk processes, tools and techniques, capital management, risk- related regulations, and
compliance.
• Technical Knowledge: Should have a strong understanding of statistics and quantitative data analysis methods.
• Strong process orientation – A strong understanding of banking processes and operations.
• Intellectual curiosity and analytical approach to work.

• Ability to influence a culture of risk awareness in the organization.
• Ability to lead and exercise authority through expertise and experience, showing both strategic and operational understanding of the credit business model.

Skills

• Excellent written and oral communication skills, with proven ability to present and explain complex information.
• Keen business acumen – Business and financial judgment, and problem-solving skills are crucial requirements.

Qualifications
• Bachelor’s Degree in Banking, Finance, Business, or a related field.

Work Experience
• Minimum 5 years’ experience in banking, of which at least 3 years in risk management-related roles.
• The candidate must ideally have strong functional experience, exposure to regulatory interactions and compliance, strong technology orientation, and a keen eye for detail.