Job vacancy Head of Credit Risk

JOB BY
Alentaris Recruitment Ltd
Moka, Mauritius, Moka
  4057100

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Job Type
Employee
Job Status
Full Time
Announced
04 March, 2021
Job Title

Head of Credit Risk

Job Presentation

Our client, one of the leading banks in Mauritius is currently seeking to recruit an experienced candidate for the position of Head of Credit Risk.

The Head of Credit Risk will ensure that all relevant areas of credit risk are identified, monitored, measured and reported effectively and regularly, and that the appropriate management structures, processes, and policies are in place and up to date to manage credit risk, including (but not limited to) the following:

Develop and successfully implement Bank's credit risk management strategy for approval by the Board of Directors..
Ensure that the Bank's approach to credit risk management is appropriate, relative to the legislative, economic, competitive environment, Bank's values, and the credit risk appetite of the Bank / Board of Directors.
Create strategies and specific objectives for the function and develop budgets, policies and procedures to support the function.
Develop and test contingency plans for all areas to ensure that services are not affected.
Develop, maintain and implement Bank's Lending Policy and credit documentation (e.g. loan agreements, cross border lending, loan syndication, monitoring framework and process, and, where appropriate, recommending changes to credit risk policy for approval by the Board of Directors).
Review and update of bank's credit rating and credit scoring models in line with changes in bank's risk appetite, market conditions, regulatory guidelines, etc.
Ensure that Bank's lending practice is consistent with the credit risk strategy and risk appetite (including finding the right balance between risk and reward).
Ensure loan documentation meets business needs and legal obligations.
Provide requirements and design inputs, particularly with regard to credit risk recognition, measurement and its reporting as part of the core team for implementation of key credit risk related projects (e.g. Credit Management System, IFRS 9).
Final Review analysis of loan/credit applications or renewals and recommend for decision to the relevant credit sanctioning committee within the defined timeframes.
Ensure credit evaluations are complete and of the highest standard.
Ensure that the bank complies with all relevant regulations and internal policies and report any deviation as appropriate.
Submit and debate on credit files at the relevant credit sanctioning committees.
Provide training to staffs in credit related matters.

What you need to know:

PREREQUISITES:

A Degree or Post Graduate qualification in commerce, business, law, accounting or a related discipline.
At least 10 years experience in a senior banking role.
At least 5 years' experience in a senior credit risk management role.
Legal, finance or accounting background and experience would be an advantage.
Excellent knowledge of Credit risk management including cross-border lending & investment.

SKILLS:

Excellent leadership and team management skills.
Attentive to details and target driven, as well as able to multitask and work under pressure.
A good knowledge of Banking Operations.
Ability to work with a range of stakeholders.
Sound problem solving capabilities.
Programme and project management knowledge.
Solid understanding of the business and market dynamics, key challenges and competitive landscape.
A detailed understanding of Regulatory guidelines and internal policies.
Excellent oral and written communication skills with the ability to convey information effectively and convincingly to different levels.
Good knowledge of credit rating and credit scoring models.
Excellent working knowledge of MS Word & Excel tools.
Sound knowledge of Cross Border lending and investment, Consortium and Syndication lending.

Reference number
2110-HCR-ARL
Valid Till
2 Apr, 2021


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