This role is within the Credit Monitoring & Control team of the Risk department. Credit Monitoring & Control team is responsible for undertaking risk surveillance and monitoring of the credit portfolio and managing the Early Warning Risk framework. The purpose of the role is to support the credit monitoring and control function. The role requires strong credit knowledge and ability to conduct financial analysis. You will be responsible for monitoring various aspects of credit approval as well as implementing and ensuring various controls during this process.
You will be responsible for the maintenance of financial covenants and early warning alerts and propose suitable actions to various committees. You will contribute to the development and improvement of existing systems and processes. You will liaise with and provide support to Business Development and other stakeholders to ensure the Bank’s risk appetite and credit policies and procedures are always adhered to. You will undertake any other duties as may be requested by the Head of Credit Monitoring & Control from time to time.
Primary Responsibilities of Role:
• Manage the Early Warning Risk process and Forum, identify and report the early warning indicators for various customers in the portfolio and suggest appropriate remedial action.
• Act as a Secretary and prepare the minutes for the Early Warning Risk forum meetings.
• Close monitoring of the credit risk portfolio to ensure that all credit approved terms and conditions are adhered to, in order to maintain a very high-quality risk asset portfolio for the bank.
• Monitor the risk of client portfolios to ensure they stay within agreed parameters of the Credit Policy and the Risk Appetite Statement.
• Perform required controls in relation to release of securities.
• And lots more.
Professional/Academic Qualifications:
Bachelor's degree, preferably in Economics, Finance, Accounting or Business or a similar field with quantitative coursework or proven professional experience utilising quantitative analysis
Professional qualifications would be desirable
Reference no: 41970
Jobseeker
Recruiter