Head of Credit Risk Management
1 month ago
We are seeking a seasoned professional to lead our credit risk management function. As the Head of Credit Risk Management, you will play a pivotal role in shaping our risk management strategy, ensuring responsible underwriting of loans, and safeguarding the financial health of the firm.
Key Responsibilities:
- Develop and implement a comprehensive risk management strategy aligned with business objectives.
- Establish and enforce risk policies, procedures, and standards to ensure compliance with regulatory requirements and industry best practices.
- Collaborate with executive leadership to communicate risk tolerance and risk appetite across the organization.
- Support business aspirations for asset growth with a balanced approach to asset quality and risk reward.
- Ensure risks of lending proposals are properly identified, assessed, and mitigated.
- Implement and enhance underwriting models, analytics, and decision-making tools to optimize risk-adjusted returns.
- Develop and maintain credit risk models to assess creditworthiness of borrowers.
- Establish risk-based pricing strategies to balance profitability with risk exposure.
- Collaborate with credit risk team to monitor portfolio performance and initiate proactive measures to mitigate credit losses.
- Be accountable for credit decisions and identify signs of stress to minimize company exposure to bad and doubtful debt.
- Proactively review and recommend improvements to credit policy with delivery through continuous scorecard development.
Requirements:
- Strong analytical thinker with deep understanding of credit profiles and underwriting experience.
- Ability to run a team of underwriters and build and maintain complex credit scorecards.
- Ability to run a risk-based pricing model.
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