Description:
MAIN PURPOSE OF THE JOB
The purpose of the job role is to assist, develop, monitor and report on the implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and reporting within the organization, thereby assisting to maintain credit exposures within approved parameters. The job role will further be responsible for the management and oversight all credit committees in the Bank, highlighting non-compliance in areas to mitigate the risk for non-compliance and suggest solutions to ensure compliance.
Key Performance Areas
1. Assist in developing and refining credit risk management policies and governance charters
Reviews and maintains the credit risk limit / prudential limits in line with the to inform the Bank’s risk appetite Reviews and maintains the credit policies for alignment to the Basel principles and IRFS 9 requirement for best practice risk management and governance Reviews and maintains the procedure manuals for policy implementation Reviews and maintains the credit risk management framework for best practice risk management and governance Develops new policies required within the credit value chain of the Bank to enhance risk management and governance2. Portfolio monitoring of all segments
Monitors and report business performance in accordance with policies, procedures, legal requirements and against set corporate plan and business targets Monitors and report the renewal / review of credit facilities Manage reclassification of high risk accounts based on IFRS 9 stage classification Manage and Monitors accounts in breach of covenants and recommend remedial action to be done by PMS Monitors accounts within Workout and Restructuring and/or watch list exposures Monitors and manage actioning of outstanding collateral as per exception reports generated from the CMS Recommends remedial action where there are deficiencies in portfolio management Completes monitoring actions within allocated time frames3. Credit risk assessment monitoring
Attending credit committee meetings Monitors adherence to credit committee charters, DOP, credit policies, processes and procedures Highlights any risks associated with a loan application and propose mitigates to protect the interest of the Bank Monitors adherence to prudential limits for all exposures within the Bank4. Portfolio reporting
Prepares monthly dashboard reports to monitor portfolio trends and performance for EXCO and Board Prepares quarterly reports for CROM, EXCO, CIC and the Board to monitor portfolio trends and performance Validates all content and quality of reports submitt