The role involves developing strategies, policies, and frameworks to assess, monitor, and control the credit risk associated with the banks credit exposure and ensures that the organization’s credit exposure is in line with its risk appetite, policy guidelines and regulatory requirements.

Key Responsibilities:

Risk Strategy & policy Develop and implement the overall credit risk strategy and framework for the organization. This includes establishing risk assessment models, limits, and policies to manage the credit risk profile effectively.

Credit Risk Assessment & Analysis: Oversee the analysis and evaluation of credit risk for new and existing clients. This includes ensuring robust credit rating systems and methodologies to assess client creditworthiness across various sectors, sensitivity analysis, stress testing, market trend, and other analytical methodologies to anticipate any credit trends or deterioration and obtain insights into portfolio performance.

Portfolio Management & Monitoring: Monitor and manage the credit risk portfolio, ensuring that exposures remain within acceptable limits. Regularly review portfolio composition, sectoral exposures, and emerging risks to minimize concentration risk. Analysis of portfolios (Risk drivers - ratings, scores, delinquencies, roll rates, cure, collection efficiency, churn, concentrations, ECL) and drive risk decisions
Regulatory Compliance: Ensure compliance with all relevant regulations and standards, including Basel III requirements and local regulatory guidelines. Maintain readiness for regulatory audits and address any findings or concerns from regulatory bodies.

Team Leadership & Development: Lead and manage a team of credit risk analysts and managers, fostering a culture of accountability and continuous improvement. Provide training and mentorship to enhance team skills in risk assessment and management.

• Experience: Typically, 10-15 years in credit risk management or related fields at senior levels.

          Skills and Qualifications:

• Technical Knowledge: In-depth knowledge of credit risk assessment, regulatory requirements (e.g., Basel III), and financial modelling. Proficiency in risk management software and data analysis tools is essential.
• Analytical and Decision-Making Skills: Strong analytical skills to assess and make strategic decisions based on complex risk factors. Ability to interpret financial data and economic trends to anticipate risk shifts.
• Leadership Abilities: Proven track record in leading and developing risk teams. Ability to make high-stakes decisions that align with organizational objectives.
• Stakeholder Engagement: Excellent communication and interpersonal skills to engage effectively with executives, clients, and regulatory authorities.

Desired Qualifications:

• Advanced degrees in Finance, Economics, Risk Management, or related fields.
• Professional certifications such as FRM (Financial Risk Manager), PRM (Professional Risk Manager), or CA/ CFA /MBA Finance desirable