AddressCredit Risk Manager
The Role:
We're in search of an experienced Credit Risk Manager with a keen interest in the fintech and lending space. The Credit Risk Manager will be involved in all risk related matters of the Company, among others, participation in policy formulation, review of credit applications, and monitoring of the key risk indicators and metrics of the Bank's loan portfolio.
What you'll do:
- Evaluate creditworthiness of MSME loan applicants by analyzing financial statements, credit reports, and other relevant financial information.
- Assess the business model, industry dynamics, and market conditions to determine the risk associated with each MSME proposal.
- Review and underwrite MSME loan proposals in accordance with established credit policies, guidelines, and regulatory requirements.
- Determine appropriate loan structures, terms, and conditions based on the risk profile of the MSME borrower.
- Conduct thorough due diligence on MSME applicants, including site visits, discussions with business owners, and verification of financial information provided.
- Monitor the overall performance of the MSME loan portfolio.
- Implement risk management strategies to mitigate Credit Risks and ensure the overall health of the MSME lending portfolio.
- Work closely with relationship managers, sales teams, and other departments to gather necessary information and ensure a comprehensive understanding of MSME clients.
- Stay abreast of changes in regulatory requirements related to MSME lending and ensure compliance with applicable laws and regulations.
- Make informed and timely credit decisions, balancing risk and business objectives.
- Present credit proposals to the credit committee or other relevant decision-making bodies.
- Build and maintain relationships with MSME clients, understanding their financial needs and providing tailored credit solutions.
- Monitor the ongoing financial health of MSME clients and take proactive measures to address emerging Credit Risks.
- Prepare and present regular reports on the performance and risk profile of the MSME loan portfolio.
- Contribute to the development and enhancement of credit policies, procedures, and risk management frameworks.
What we're looking for:
- Bachelor's degree in finance, business administration, or a related field. Advanced degrees (MBA, CFA) may be preferred.
- 6+ years of relevant experience in Credit Risk management, with a focus on MSME lending.
- Strong understanding of financial analysis, Credit Risk assessment, and regulatory compliance.
- Excellent communication and interpersonal skills.
- Ability to make sound and independent credit decisions.
- Familiarity with industry-specific challenges and opportunities in the MSME sector.
