ROLE REQUIREMENTS
1. Credit Portfolio Management
– Monitor and assess the performance of the credit portfolio, identifying trends, risks, and opportunities to optimize portfolio performance.
– Ensure that the credit portfolio aligns with the institution’s risk appetite and regulatory requirements.
2. Credit Governance Framework
– Implement and maintain a robust credit governance framework, ensuring compliance with internal policies and external regulations.
– Participate in the development and continuous improvement of credit policies, procedures, and guidelines.
3. Credit Risk Reporting
– Prepare detailed credit risk reports for senior management, risk committees, and regulatory bodies, including portfolio reviews, stress tests, and risk assessments.
– Provide insights into the overall health of the credit portfolio, highlighting areas of concern and making recommendations for improvement.
4. Credit Committee Support
– Serve as a key member of or advisor to the credit committees providing data-driven insights, risk assessments, and recommendations on credit decisions.
– Ensure all credit-related decisions are made following proper governance protocols and risk policies.
5. Regulatory Compliance and Audits
– Monitor compliance with relevant regulatory requirements, including those related to IFRS 9, and other credit-related regulations.
– Support internal and external audits by providing necessary documentation and ensuring adherence to credit governance standards.
6. Credit Risk Policy Development
– Contribute to the development and review of credit policies, ensuring they reflect current market conditions and regulatory changes.
– Recommend changes to credit risk policies and frameworks based on portfolio performance and risk assessment outcomes.
7. Data Analysis and Scenario Testing
– Conduct stress testing and scenario analysis on the credit portfolio to assess its resilience under adverse conditions.
– Use data analytics to forecast potential risks and losses and recommend mitigation strategies.
8. Maintain and update Credit Models
– (IFRS9) including the development of scorecards
9. Training and Awareness
– Provide training to credit teams and other stakeholders on credit governance, portfolio management, and regulatory compliance.
– Raise awareness of credit governance practices and risk management standards across the organization.
QUALIFICATIONS & EXPERIENCE
- Bachelor’s degree in computer information studies, Finance & Statistics, Actuarial Science, Data Science or Business Information Systems
- Certifications in credit risk management, financial analysis, or risk management will be an added advantage.
- 5 years of experience in credit modeling, portfolio monitoring
- Proven track record in managing credit portfolios and leading credit data analytics teams.
- Extensive experience with credit risk modeling, financial & data analysis, and regulatory compliance in the financial services industry.
Closing date: 31 December 2024