ROLE REQUIREMENTS
1. Credit Application Evaluation
- Oversee the evaluation of credit applications, ensuring that decisions are made based on sound financial analysis and risk assessment.
- Implement and enforce credit policies, guidelines, and underwriting standards.
- Ensure that all credit applications meet internal risk parameters and comply with regulatory requirements.
2. Risk Management
- Identify and assess credit risks, ensuring that lending decisions align with the institution’s risk appetite.
- Develop strategies to mitigate credit risks, including recommending credit terms or collateral requirements.
- Monitor the quality of the credit portfolio, identifying early warning signs of potential defaults.
3. Credit Policy and Process Improvement
- Review and update credit policies, procedures, and tools to ensure they remain effective and in line with regulatory changes.
- Lead initiatives to improve credit evaluation processes, focusing on efficiency and accuracy.
4.Team Leadership and Development
- Lead, train, and mentor a team of credit evaluation analysts and credit officers.
- Ensure that the team is well-equipped to evaluate credit applications effectively and make sound credit decisions.
- Conduct regular performance reviews and provide ongoing support for professional development.
5. Stakeholder Engagement
- Work closely with Credit Origination teams , business development teams, Business Bankers and other stakeholders to provide insights into credit decisions.
- Provide recommendations to senior management on high-value or high-risk credit applications.
6. Compliance and Reporting
- Ensure that all credit decisions comply with internal policies and external regulatory requirements.
- Prepare reports on the performance of the credit portfolio, highlighting key risks, trends, and opportunities.
QUALIFICATIONS AND EXPERIENCE
- Bachelor’s degree in finance, economics, accounting, or a related field;
- Master’s degree or MBA is advantageous.
- Certifications in credit risk management, financial analysis, or risk management
- 7+ years of experience in credit analysis or credit evaluation, with at least 3 years in a management or leadership role.
- Proven track record in managing credit portfolios and leading credit evaluation teams.
- Extensive experience with credit risk assessment, financial analysis, and regulatory compliance in the financial services industry.
- Agric Lending is an added advantageÂ