Description:
Main purpose of the job
The position reports directly into the Workout & Restructuring Business Area and the delivery is based on all credit risk matters related to workout & restructuring.
Manage all credit assessment functions related to the Workout & Restructuring of defaulted loan facilities. Manage, review and recommend improvements to all lending activities and risks associated to credit granting and underlying clients within approved Bank mandate and risk appetite as determined by the Bank from time to time in accordance to approved Credit Policies, norms and mandates, based on post mortem findings and reviews conducted on the defaulted W &R portfolio.
Provide leadership to ensure that the key strategic objectives are met. Responsible to manage and mitigate credit risk resident across W&R portfolios segmented across the Banks Regional Business units. Be responsible for adopting and optimising a best fit operational model with the appropriate finance, governance and risk framework and controls, and ensure alignment with the Bank's guidelines, policies and legislation
Key Responsibilities
Analyse the Bank Strategy and Roadmap to determine future trends, strategic direction and implications to Commercial Banking and Transformation Credit function Compile the W&R Credit strategy and roadmap aligned to overall Bank Strategy and Commercial Plan and buy-in Design and implement the WR Credit business plan for each financial year aligned to the approved overall Bank's Corporate Plan. Facilitate credit process improvement and act as a further interface between Banking and Credit Divisions based on the deficiencies identified in WR defaulted loans. Leverage on all available information from internal stakeholders, industry to ensure credit policies, norms, procedure departmental processes, systems and protocols are continuously reviewed and updated to promote competitiveness in the sector. Promote the principle of Treating Customers Fairly (TCF) by providing direction and monitoring the delivery of the TCF behaviours and outcomes. Engage with Bank