Manager: Credit Risk

A leading financial institution is seeking a Manager: Credit Risk Monitoring to drive the implementation of their Credit Risk Management Framework. Ensure policies, governance, and reporting meet industry standards while overseeing credit committee activities and addressing non-compliance risks with effective solutions.

Key Responsibilities

1. Policy Development: Maintain and enhance credit risk policies, governance charters, and risk frameworks aligned with best practices, IFRS 9, and Basel principles.
2. Portfolio Monitoring: Track and report on credit performance, facility renewals, covenant breaches, and high-risk exposures. Recommend corrective actions where needed.
3. Committee Oversight: Attend credit committees, ensure adherence to policies and charters, and flag risks with mitigation strategies.
4. Reporting: Prepare monthly dashboards and quarterly portfolio performance reports for executive and board-level review.
5. Credit Review & Hindsight: Develop and execute review plans to assess loan approval processes and credit adherence. Provide advice and report findings with improvement suggestions.
6. Research: Conduct proactive and request-based research on credit trends, practices, and risk modelling to enhance credit risk management.

Requirements

1. Bachelor's degree in Finance, Risk, or similar field
2. Postgraduate qualification in Credit Risk (advantageous)
3. Minimum 5 years' experience in credit risk management

Desired Skills:

1. Risk Management Principles
2. Research and Analysis principles
3. Credit granting systems / tools
4. Credit granting regulations
5. Microsoft Office

Desired Work Experience:

1. 5 to 10 years

Desired Qualification Level:

1. Degree