Mission:
Function as an independent third line of defense, detached from the credit approval process.
Deliver an impartial assessment and objective critique to guarantee precise credit ratings, policy adherence, effective credit risk management, and regulatory compliance.
Responsibilities:
Reviews:
ยท Evaluate the adequacy of credit risk monitoring programs, performance covenants, and monitoring guidelines.
ยท Ensure compliance of credit extensions with lending policies, procedures, and regulatory guidelines.
ยท Analyze borrower financial performance through thorough examination of financial statements.
ยท Confirm the accuracy of regulatory classifications and internal risk ratings.
ยท Recognize deficiencies in credit risk management processes, procedures, and policies.
ยท Validate the sufficiency of the Allocation for Loan and Lease Losses (ALLL) procedures.
ยท Conduct regular risk assessments and continuous monitoring for assigned portfolio segments.
ยท Maintain comprehensive knowledge of the assigned portfolio segments.
ยท Draft potential review issues for discussion with relevant stakeholders.
ยท Propose changes to policies and procedures.
Qualifications:
ยท Possess a bachelor's degree or equivalent corporate banking work experience.
ยท Preferably hold a postgraduate business degree and/or CFA.
ยท Accumulate a minimum of 7 years of experience in credit risk management.
ยท Demonstrate proficiency in applying credit risk management standards, techniques, and methodologies.
ยท Possess knowledge of the regulatory environment in the respective industry.
ยท Exhibit strong computer proficiency (MS Office) and adaptability to proprietary systems.
ยท Demonstrate the ability to articulate well-supported credit review opinions.
ยท Embrace a collaborative approach in working with the team and stakeholders.
ยท Manage diverse workloads and competing project priorities effectively.
ยท Exhibit strong interpersonal skills, work ethic, and self-motivation.
ยท Display the ability to work independently, accept accountability, and demonstrate initiative.
Additional Information:
ยท May engage in ad-hoc/ancillary projects to support the overall function.
ยท Maintain a comprehensive understanding of compliance rules and regulations without disclosing specific details.
