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The Credit Risk Manager is responsible for the credit risk assessment and management process within the organization. This role ensures that the company maintains a healthy credit portfolio by identifying, analyzing, and mitigating potential credit risks while ensuring compliance with regulatory guidelines and internal policies.
Job Responsibility:
Risk Assessment: Evaluating the creditworthiness of potential borrowers by analyzing financial statements, credit reports, and market conditions
Policy Development: Developing and implementing credit risk policies and procedures to minimize losses and ensure compliance with regulatory requirements
Portfolio Management: Monitoring and managing the bank’s credit portfolio to identify and mitigate potential risks
Reporting: Preparing detailed risk reports for senior management and regulatory bodies, highlighting key risk exposures and trends
Stress Testing: Conducting stress tests and scenario analyses to assess the impact of adverse economic conditions on the bank’s credit portfolio
Collaboration: Working closely with other departments, such as underwriting, finance, and compliance, to ensure a cohesive approach to risk management
Regulatory Compliance: Ensuring that all credit risk management practices adhere to relevant laws, regulations, and industry standards
Requirements:
BS degree in Finance, Statistics or related field
Further certification may be required
More than +5 years’ experience
Credit Course is preferable or any CFA level
Up to date with legal, compliance and market risk related issues
Ability to analyze cash flows, leverage, collateral and customer strength
Strong communication and presentation skills
Excellent organizational, analytical, and time-management skills