Credit Risk Manager (225-714)

The Credit Risk Manager is a pivotal role within our financial institution, tasked with the responsibility of overseeing the organization's credit risk assessment and mitigation processes. As a Credit Risk Manager, you will lead the development and implementation of risk management strategies that protect our company’s financial assets and ensure compliance with regulatory requirements. You will be instrumental in analyzing financial data to predict potential losses, making informed recommendations to minimize risk exposure. Working closely with various departments, you will ensure that credit policies and procedures are consistently followed and tailored to the evolving financial landscape. Your expertise will guide decision-making processes that maintain our institution's fiscal health while maximizing growth opportunities.

Responsibilities

• Develop and manage comprehensive credit risk policies and procedures for the organization.
• Analyze and report on trends in financial data and credit exposures regularly.
• Conduct thorough evaluations of the creditworthiness of existing and potential clients.
• Collaborate with cross-functional teams to align credit risk strategies with business goals.
• Monitor industry, regulatory, and economic trends impacting credit risk exposure.
• Lead the credit risk team in performing detailed risk assessments and scenario analyses.
• Recommend appropriate credit limits and take corrective actions to minimize losses.
• Ensure compliance with banking laws, regulations, and internal risk management standards.
• Develop risk mitigation strategies and conduct stress testing for various credit portfolios.
• Implement tools and systems for efficient risk identification, measurement, and management.
• Prepare detailed reports and present findings to senior management and stakeholders.
• Stay informed about market conditions to influence risk management decisions effectively.

Requirements

• Bachelor’s degree in Finance, Economics, or a related quantitative field.
• At least five years of experience in credit risk management or a similar role.
• Strong analytical skills with proficiency in financial data analysis and modeling.
• Proficiency with credit risk assessment tools and risk management software.
• Excellent communication skills to present complex information clearly to stakeholders.
• Proven ability to develop and implement credit risk management strategies effectively.
• Strong understanding of regulatory requirements and industry best practices in risk management.