Senior Credit Manager – Commercial Bank

Description:

Job Purpose

The Senior Manager’s main role will be to assess credit proposals by providing critical analytical direction and analysis of inherent risks to safeguard the best interest of the Bank. Overseeing and managing all aspects of the credit function. Oversee credit risk assessment, policy development, and credit operations to ensure the organization’s credit portfolio remains healthy and profitable.  Prepare written analyses regarding large loans, identify problematic loans, provide quarterly analyses regarding loan and lease allowances and losses, and prepare board reports.

Summary of Key Responsibilities

• Conduct in-depth credit analysis of potential borrowers or clients, assessing their creditworthiness by reviewing financial statements, credit reports, and other relevant information.

• Develop and implement credit policies and procedures to ensure consistent and effective credit risk management.

• Prepare credit file with support of RMs and facilitate approval process.

• Make credit decisions based on the analysis of credit applications, determining credit limits, terms, and conditions.

• Lead and manage a team of credit analysts, providing guidance, training, and support to ensure accurate and efficient credit assessments.

• Monitor the credit portfolio to identify and address potential risks, taking proactive measures to minimize credit losses.

• Analyse and interpret financial statements, Conduct research on country/client sectors.

• Ensure all recommendations of credit proposals to relevant Credit Committees for approval are in compliance with credit policies, desired Bank standards and within agreed deadlines.

• Lead credit risk assessment processes, including reviewing credit applications, financial statements, and credit reports to make informed lending decisions.

• Ensure compliance with all relevant regulatory requirements and industry best practices.

• Communicate credit decisions and recommendations to senior management and stakeholders.

• Build and maintain relationships with clients and borrowers, addressing their credit-related concerns and inquiries.