Job Summary
Reporting to the credit Manager, the person will be responsible for ensuring quality Credit appraisals in all committee levels and products of the Society.
Key Tasks and Responsibilities
❖ Evaluate the financial performance of borrowers and based on a variety of credit risk and other factors, determining an appropriate risk rating for assigned portfolios.
❖ Monitor, evaluate and report on credit limits, exposures, and portfolio characteristics of all clients to adequately provide for any expected credit losses.
❖ Develop and review credit risk management policies and procedures to guide risk taking practices and decision making.
❖ Conduct Risk Reviews /Risk Opinions on credit applications and reviews to ensure there is independent, expert scrutiny of credit risks, their costs and their mitigations and provide feedback to business development officers during the structuring phase of credit facilities.
❖ Present the Risk Reviews, opinions, and recommendations on residual risks to the relevant Credit Committees for consideration in risk taking decisions.
❖ Implement [external & internal] audit findings or recommendations within agreed timeframe.
❖ Collect Data, sector exposures to provide decision makers with timely information by Identifying appropriate data sources to inform credit risk analysis and obtain appropriate access to this information.
❖ Contribute to the department’s periodic risk reporting process by ensuring timely submission of data to inform reporting