Job Details

Job Description

Description:

Job Purpose

The Credit Risk and Strategy Manager will be responsible for developing, implementing, and monitoring credit risk management strategies across an organization, including analysing customer creditworthiness, identifying potential risks, mitigating those risks through strategic approaches, and ensuring compliance with regulatory requirements, all while contributing to business growth by balancing risk and opportunity. responsible to the formulation and execution of credit risk mitigation actions, using data analytics to provide management with strategic information relevant to credit risk management as well as providing overall supervision of the credit origination function and the management of projects within the Commercial Finance space.

Summary of Key Responsibilities :

• Providing leadership of the Credit Risk team in provide credit risk management input to the Bank, efficient and timely credit service, resolving customer complaints and contributing towards achievement of the objectives of the department and the Company
• Closely collaborate with the Commercial Strategy Manager on delivery of common outcomes for Commercial and Customer Finance.
• Perform due diligence for new products and credit programs and related implementation.
• Proactively participate in end-to-end credit cycle portfolio review, provide feedbacks in early warning signals performance.
• Ensuring that compliance objectives are met which includes audit and regulatory inspection outcomes as per annually defined targets.
• Responsible for Credit origination function to ensure efficient and effecting credit assessment activities are delivered in a manner that mitigates heightened credit risk.
• Constant portfolio deep-dives to obtained credit risk insights in order to implement timely credit risk management interventions.
• Portfolio Performance dashboard design, creation, and monitoring to ensure up to date information to all key stakeholders.
• Adopting and developing a network of strong partnerships with the Business and Business Support teams and other functions of the Company, particularly decision makers and influencers
• Implement & track defensive portfolio monitoring mechanisms, including early warning mechanisms and contingency plans to manage losses proactively.
• Oversee the remedial management process that includes collection of portfolios at risk and recovery of non-performing accounts. This includes collaborating with the Legal Services Unit in recovery actions in order to achieve the defined recovery and rehabilitation targets.
• Responsible for leading operational projects within and beyond CF and supporting key team members in strategic decision-making
• Support project team with external negotiations where needed to drive strategic initiatives.
• Keep stakeholders informed about status of projects and deliverables.
• Coordination of Credit Governance forums and information for members.
• Oversight for the production, quality control and distribution of data and information to various stakeholders.
• Coordinate the creation of credit portfolio information dashboards, forecasts and models.
• Supervise and oversee the work of the Credit Assessment and Customer Finance Data Analytics teams.
• Indirectly oversee the activities of collaborating Customer Finance functions in order to maintain strategic awareness.
• Identify the opportunity areas for portfolio growth and pro-actively communicate with stakeholders
• Design and analyze income, employment, fraud verification strategies
• Develop, maintain and improve risk policies, strategies, processes and procedures within the assigned function
• Ensure effective management of operational risks in credit approval and compliance with applicable internal policies, and external laws and regulations.
• Escalate credit risk issues timely and ensure appropriate mitigating actions are devised and implemented, engaging all key stakeholders.
• Coordinate with business and other functional units to optimize credit approval tasks.

Required Skills and Competencies

• Excellent Communications Skills
• Attention to detail
• Excellent Interpersonal Skills
• Good networking Skills
• Ability to create recommendations and insights from data for developing risk strategy
• Ability to communicate and present the results to business stakeholders
• Good knowledge of designing, implementing, and measuring statistically valid experiments
• Understanding of various elements of risk strategy, such as eligibility, verification, fraud and decline criteria
• Excellent Numerical Skills
• Excellent Problem-Solving Skills
• Excellent Leadership Skills

Primary Areas of Accountability: