Description
- Develop and implement comprehensive credit risk policies for retail products, ensuring alignment with CBE requirements and the bank's internal policies.
- Monitor compliance with credit risk policies and processes, ensuring adherence to industry best practices and CBE standards.
- Provide recommendations in the initiation or development of retail products from the risk perspective.
- Provide guidance and training to the retail products & policies credit risk team, fostering a culture of continuous improvement and professional development.
- Collaborate with other departments, including Retail Banking and Compliance, to ensure a coordinated and integrated approach to credit risk management.
- Prepare detailed reports on policy compliance and effectiveness for senior management, including analysis and recommendations for policy enhancements.
- Conduct regular reviews and updates of credit risk policies, ensuring they remain effective and relevant in the current market environment.
- Lead initiatives to improve credit risk processes and systems, leveraging technology and data analytics to enhance efficiency and effectiveness.
- Ensure proper documentation and record-keeping of all policy-related activities, maintaining a comprehensive and accurate risk management database.
- Analyze and interpret data to assess the impact of credit policies on retail credit portfolios, providing recommendations for risk mitigation.
- Develop strategies to address policy-related risks, ensuring the resilience of retail credit portfolios under various economic scenarios.
- Coordinate with external auditors and regulators on policy compliance matters, providing necessary information and addressing any queries or concerns.
- Review and approve changes to credit risk policies, ensuring alignment with the bank's risk appetite and strategic objectives.
- Prepare and recommend modifications and new limits for the credit authorities on existing and new Retail Credit Facilities Products.
- Responsible for the formulation and review of credit risk policies and processes, ensuring they align with the bank's strategic objectives and risk management framework.
- Monitor industry trends and regulatory changes affecting credit policies, maintaining up-to-date knowledge of market developments.
- Provide recommendations for leveraging technology and data analytics to improve policy implementation.
- Conduct training sessions on credit risk policies and processes, promoting a clear understanding of risk management practices within the team.
- Oversee the development and implementation of new credit products, ensuring alignment with the bank's risk appetite and strategic objectives.
- Ensure alignment of credit products with risk appetite statements, maintaining a consistent approach to credit risk management across the organization.
- Maintain strong relationships with retail banking staff to ensure effective communication and collaboration on credit risk policy matters.
- Lead special projects related to credit risk policies and products, ensuring successful implementation and achievement of project objectives.
- Adopt the bank’s policies and procedures to guarantee that the bank’s business is conducted in compliance with Local Laws, Internal Rules and Regulations, as well as International Standards.
- Ensure the correct functioning and implementation of the Permanent Supervision, Compliance and Money Laundering, Operational Risk, and Workplace Success Guidelines whenever and wherever possible.
Requirements
- Bachelor’s degree in Economics, Business, and Commerce (preferably English section) from a reputable university.
- Minimum of 12 years of relevant experience.
- High sense of Judgment and Scrutiny.
- Perfect analytical skills with a focus on risk identification
- Good Understanding of credit risk analysis.
- Proficiency in policy development.
- Excellent Communication & Interpersonal & Leadership Skills
- Ability to coach and train well-qualified teams.
- Strong background in banking activities and operations.
- Ability to manage different tasks and assignments in parallel.
- Excellent Computer Skills.
- Excellent command of English (Written / Spoken).
| Created on | 18 Mar 2025 |
| Last updated on | 26 Mar 2025 |
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