Purpose of Job
The role is responsible for providing leadership in establishing a robust credit risk management function. The holder is expected to provide functional leadership in credit risk management as well as participate in broader strategic risk management activities. These include developing, managing and monitoring the credit risk policies, procedures and analytics for the bank’s wholesale, retail and cards businesses. The holder will lead in establishing policies and procedures to optimize credit risk and recommending changes to senior management.
Responsibilities
Develop, Execute and Lead Strategy/Operations (70%)
- Responsible for the leadership, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor the bank’s credit risk
- Develop credit risk management tools and practices to analyse and report on credit risks and to manage risks according to the bank’s risk management framework and relevant policies
- Ensure the bank’s credit risk management policies, limits, and strategies are in compliance with applicable regulations, and strategic imperatives of the bank
- Develop and execute credit risk strategy and mitigation programmes and develop control to manage the bank’s credit risk
- Oversee or monitor all credit risk management activities of the bank
- Provide support and reports to the bank’s Credit Committees
Team Leader and Development (30%)
- Drive enhancement to team performance and achievement of team goals
- Provide staff with leadership and guidance to improve their work product and increase client effectiveness
Interaction with Others
- Internal- regular contact with SM – R&C, CRO, Branch Managers, Senior Management and Auditors.
Skills
- Excellent communication skills, both verbal and written; ability to produce concise and effective presentations; ability to communicate complex quantitative analysis results in a clear, precise, and actionable manner
- Strong understanding of the drivers and measures of Credit risk
- Strategic mind-set, with excellent knowledge and understanding of banking products and organizations
- Strong problem solving, analytical (including qualitative analysis), research, and quantitative skills
Qualities
- Significant experience in risk, with fluency in Credit Risk;
- Sound understanding of risk management principles
- Experience in management by influence, facilitating and gaining consensus
- Experience with regulatory interaction, ability to handle requests and discuss issues with regulators
- Strong business judgment and autonomy
Other
- Carry out work in accordance with the banks procedures
- Perform the assigned tasks with due diligence
- Eliminate waste of whatever form, suggest the use of new practices and contribute to the continuous improvement of the bank