Purpose:
To oversee, strategically manage and lead the day to day functions of the credit risk management teams and portfolios across sub-segments in area of responsibility
Responsibilities:
- Drive the risk appetite framework across sub-segments and sector teams through effective collaboration
- Act as custodian of credit governance for the segment in partnership with credit stakeholders
- Provide input in reviewing and updating credit policies
- Provide input regarding Limits, Ratings, Loss Given Default and Governance monitoring.
- Provide guidance to deal times from a credit perspective Assessment and approval of credit transactions.
- Be a voting member of relevant credit committees if so nominated to have such voting rights.
- Efficient management of high-risk portfolio including timely identification of high risk clients, checking security and mitigating risk by taking outstanding and new security and reducing limits
- Oversee the origination complex, high risk and highly profitable credit applications by assessing high credit risk and potential high profitable applications as part of Credit Panel Manage the Debt Restructuring Committee and non-performing loans work out and recoveries
- Reduce percentage of non-performing loans as a percentage of total performing book based on the business’ performance
- Reduce Bad debts as a percentage of performing loans utilization based on effective lending principals applied during approval Manage limits that are in excess of normal limit by reducing number against total limits
- Ensure proper implementation, upkeep and accuracy of the Ongoing Risk Management and relevant Credit systems and the raising of accurate provisions
Experience and Qualifications:
- Minimum Qualification – Qualified Chartered Accountant, Chartered Financial Analystor relevant Masters Degree
- Experience – 5-8 years’ experience in a Commercial or Corporate Banking environment specialising in Credit
- Additional Knowledge – Sound understanding of Bank credit ratings for companies, portfolio theory and credit principles
- Credit origination experience in specialized lending solutions such as leverage finance ,property finance, debtor finance, asset finance, term lending and working capital. Sound knowledge of securities and contractual capacities
- Excellent analytical skills for Credit Assessments to be able to make decisions based on assessment