Credit Risk Manager (225-819)

As a Credit Risk Manager, you will play a pivotal role in managing and mitigating risks associated with the credit offered by our institution. This position requires a deep understanding of credit risk concepts and frameworks to identify, assess, and prioritize risks effectively. You will lead a team responsible for evaluating the creditworthiness of potential borrowers while ensuring compliance with relevant credit policies and procedures. Your efforts will directly impact our financial stability and growth by ensuring that credit exposure is minimized and managed in line with strategic objectives. The role involves a mix of strategic planning and tactical execution, requiring you to work closely with other departments to align our approach across the organization.

Responsibilities

• Develop and implement credit risk management strategies to minimize financial losses for the organization.
• Conduct comprehensive risk assessments of existing credit portfolios to identify potential areas of concern.
• Establish and maintain credit risk policies, guidelines, and frameworks to govern lending practices.
• Lead a team of analysts to perform credit evaluations and ensure compliance with company standards.
• Collaborate with internal departments to align credit risk strategies with overall business objectives.
• Monitor macroeconomic trends and industry developments to assess their impact on credit risk exposure.
• Prepare detailed credit risk reports and forecasts for senior management and stakeholders.
• Implement improvements to credit risk models and methodologies for enhanced accuracy and reliability.
• Facilitate training sessions to educate staff on credit risk management principles and best practices.
• Engage with regulators and auditors to ensure transparency and adherence to regulatory requirements.
• Analyze credit data to identify trends and make recommendations for risk mitigation strategies.
• Review complex financial transactions to ensure they fall within acceptable risk parameters.

Requirements

• Bachelor's degree in Finance, Business Administration, or a related field is required.
• Minimum of five years of experience in credit risk management or a related role.
• Strong analytical skills with a proven ability to evaluate financial data effectively.
• Excellent communication skills with the ability to present complex information clearly.
• Proficient in the use of credit risk management software and financial modeling tools.
• Experience in managing a team of analysts or credit professionals is preferred.
• Strong knowledge of regulatory requirements and industry standards in credit risk management.