Credit Risk Manager (225-731)

As a Credit Risk Manager, you will be at the forefront of assessing financial risks and developing strategies to mitigate them within an organization. The primary role involves evaluating the creditworthiness of clients and determining how much risk your organization can assume. This role is crucial in ensuring the financial stability of the organization, enhancing profitability by making informed credit decisions and adhering to regulatory requirements. You will collaborate closely with different departments, utilizing advanced analytical tools to develop models that predict credit risks. Your role will require a keen eye for detail and strong analytical skills to analyze financial data effectively. Your leadership will also be instrumental in guiding a team of analysts to execute various credit evaluations, ensuring compliance with policy guidelines.

Responsibilities

• Analyze customers’ financial status, credit, and property evaluations for lending purposes.
• Develop and implement credit risk policies and procedures for risk mitigation.
• Monitor existing credit risk exposure and adjust credit portfolios accordingly.
• Lead and mentor a team of credit analysts to ensure accurate assessments.
• Prepare detailed reports on credit risk exposure and present them to management.
• Ensure that credit risk assessments are accurate and meet regulatory standards.
• Coordinate with other departments to align risk management strategies organization-wide.
• Develop strategies to optimize credit assessment tools and methodologies.
• Stay updated on emerging credit risk management practices and technologies.
• Develop and maintain client relationships to ensure successful credit management.
• Identify opportunities to improve processes and policies managing credit risks.
• Respond quickly to changes in market conditions to minimize credit risks effectively.

Requirements

• Bachelor’s degree in Finance, Accounting, Business, or a related field.
• Proven experience of at least five years in credit risk management.
• Strong analytical skills with the ability to interpret complex financial data.
• Proficiency in using statistical software and credit risk assessment tools.
• Excellent leadership skills with experience in leading a team successfully.
• Strong communication skills to present findings and influence decision-making.
• In-depth understanding of industry policies, regulations, and best practices.
• Ability to develop strategic initiatives to mitigate identified credit risks.