About the Role
The Credit Risk Officer plays a vital role in safeguarding the Bank’s lending portfolio through robust credit assessment, prudent underwriting, and effective risk oversight. This position supports the Head of Credit Risk in implementing strategies and projects, including credit scoring development, process automation, and continuous improvement of credit risk mitigation and underwriting standards.
Appointments may be made at Officer, Senior Officer, or Credit Underwriter level, depending on experience and delegated approval authority with strong progression opportunities within the team.
Key Responsibilities
- Perform detailed credit analysis and periodic reviews of new and existing counterparties across private, corporate, and other banking segments.
- Issue independent credit advice and support the credit approval process, including reviewing applications and supporting committee decisions.
- Depending on delegated approval authority, review and approve individual credit applications (residential and corporate portfolio). Assist in developing and reviewing credit policies to ensure alignment with business goals and regulatory standards.
- Implement and maintain credit risk controls, including limit setting and reporting functions. Support development of credit risk management tools such as financial models and credit scoring systems.
- Monitor the portfolio for potential bad debts and develop mitigation strategies and recovery plans.
- Collaborate with client-facing teams and credit administration to ensure credit risk is understood and mitigated.
- Participate in training programmes on credit risk management and related processes.
- Stay informed on local and global market trends and regulatory developments.
- Promote a strong risk culture across the Bank.
