Assistant Credit Manager

Job Description

Key Accountabilities

• To coordinate department activities (In/out of credit applications), prepare BEC and MCC presentation pack.
• To oversee, review and provide quality recommendations on credit applications for local corporate and SME clients and approve under the delegated credit authority to ensure adherence to defined credit risk appetite and regulatory requirements.
• To assist in development and implementation of credit policies and enhancement of credit support system (MRA, CARE, OOT, CBR, KAPITI etc.) to ensure compliance with the bank’s credit risk management policies, standards and practices.

Other Accountabilities

• Undertake qualitative and effectiveness one-to-one discussions with the Business and reach to an acceptable solution (independently of Head of Credit or CCO) which addresses the risk concerns as well as of Business.
• Checking that spreading and financial analysis is correctly carried out in the MRA and carry out appropriate re-classifications wherever necessary and ensure that MRA grading of account is appropriately done and reflects the underlying risk.
• Based on analysis of credit requests and review of proposed facilities structure, validate customer ratings / grade, RAROC, expected loss and LGD calculation and estimate risk change to facilitate management decision making.
• Align existing credit processes quickly and responsively to meet dynamic strategic/organisational objectives within acceptable risk objectives.
• With respect to performing grade portfolio, continually assess business, financial and economic risks, identify deteriorating risk profiles together with Chief Credit Officer and ensuring that corporate credit portfolio quality is a maintained or improved, with minimal slippages into NPL category and therefore minimizing loan provisions; approve upgrades/downgrades in customer credit ratings in the process.
• Contribute in defining risk appetite (qualitative and quantitative) within the CBQ’s framework for the bank to meet the strategic objectives.
• Work closely with portfolio management to evaluate portfolio based on various parameters including but not limited to concentration risks, ECL and within the defined boundaries, steering course accordingly; Participate in industry peer analysis and suggest alternative new methods /models for industry risk evaluation.

Skills

Education

Diploma in Business or equivalent