Credit Risk Manager[Unsecured SME Loan experience/Central areas]

Roles & Responsibilities

Job Description:

. Assess the creditworthiness of SMEs or Individuals in applying for loans or credit by analysing financial statements, credit reports, and other relevant data.

. Evaluate the potential risks associated with extending credit to customers or counterparties, considering factors such as their payment history, financial stability, industry trends, and economic conditions.

. Develop and implement credit risk policies and procedures to ensure consistent and effective risk management practices across the organization.

. Develop or utilize credit scoring models to quantify credit risk and make informed lending decisions.

. Monitor and manage the organization's credit portfolio, including identifying emerging risks, assessing portfolio performance, and implementing strategies to mitigate risk.

. Ensure compliance with relevant regulations and guidelines governing credit risk management, such as Basel III requirements or local regulatory standards.

. Communicate credit risk assessments and recommendations to senior management, stakeholders, and relevant departments within the organization.

. Make credit decisions, including approving or rejecting credit applications, setting credit limits, and negotiating terms and conditions of credit agreements.

Job Requirements:

. A bachelor's degree in finance, economics or accounting

. 8-10 years experience in credit risk analysis, underwriting, or portfolio management is often required, with increasingly responsible roles demonstrating a progression of skills and knowledge.

. Strong analytical skills are essential for evaluating financial data, assessing risk factors, and developing effective risk management strategies.

. A solid understanding of financial principles, including accounting, financial statement analysis, and credit risk metrics, is necessary for success in this role.

. Familiarity with credit risk management concepts, methodologies, and best practices is essential, along with an understanding of regulatory requirements and industry standards.

. Effective communication skills are important for conveying complex information, presenting recommendations, and collaborating with cross-functional teams

. The ability to pay attention to detail is crucial for accurately assessing credit applications, identifying risk factors, and ensuring compliance with policies and regulations.

. Strong decision-making skills are needed to evaluate credit risk factors, weigh potential outcomes, and make informed lending decisions that align with the organization's risk appetite and objectives.

. Proficiency in relevant software tools and systems used for credit analysis, risk modeling, and portfolio management is often required.

. Demonstrate integrity and ethical conduct in their decision-making processes, ensuring fairness and transparency in credit evaluations and lending practices.