Credit Risk Governance Manager Job HF Group

Credit Risk Governance Manager Job. Finance Jobs In Kenya

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Principle Accountabilities

Key responsibilities include:

• Identifying, assessing, and reporting material individual, aggregate, and emerging credit risks.
• Continuous evaluation and monitoring of the credit risk-taking activities and exposures to ensure they are within the Bank’s risk appetite, risk limit,s and corresponding capital and liquidity requirements.
• Establishing an early warning or trigger system for breaches of the Bank’s Credit risk internal limits and prudential limits.
• Monthly Attestation that Risk Appetite and Credit Policy breaches are being monitored, escalated, and tabled at the Management Lending Committee and BCC (Proof required).
• Regular Review of the Credit granting process to ensure that this is in line with the approved product parameters.
• Ensure that the Management Lending Committee is tracking the use of the discretionary mandate on a monthly basis.
• Follow up to ensure that, in line with the Watchlist Mandate, Watch list procedures for Pre-NPLs and NPLs are followed, and at least Monthly Watch List meetings are held (minutes must be maintained).
• Develop a credit risk stress testing model and conduct regular stress testing as per the bank’s stress testing programme.
• Assurance on Credit Provisions. Follow up and ensure that:Credit Risk Provisioning is being done on a monthly basis in line with the approved model. The Provisioning model is reviewed regularly, taking into account changes in the operating environment and industry best practice.
• Review and advice on adequacy of credit risk management strategies, policies, procedures, limits and process in place
• Create and maintain portfolio-based framework for measuring credit risk within both the banking and trading book.
• Establish and maintain the Banks credit risk register.
• Follow up for closure of significant risks and issues in credit environment as highlighted by the Internal Auditors, external auditors, regulators and any other compliance reviews.
• Support in key Credit risk initiatives including staff training programs and credit systems implementation and rollout where necessary.
• Work with market risk and operational risk analysts to aggregate exposures for enterprise risk management.
• Develop and monitor climate-related/ESG risk metrics at exposure, counterparty, and portfolio levels as well as develop stress test methodologies to test resilience to climate-related risks
• Regular review and testing of the adequacy and effectiveness of various credit risk management models including the IFRS 9 ECL model
• Carry out periodic control sample testing reviews of credit/loan products and ensure that the policy requirements of the Credit Policy are complied with.
• Support in keeping track of circulars and reports released by CBK, KBA, etc. to ensure Bank’s compliance on credit-related matters

Key Competencies and Skills

General competencies:

• Communication skills
• I.T. Skills (MS Office)
• Creativity
• Team player
• High levels of professionalism and professional development.
• Honest with impeccable integrity (high ethical standards)

Minimum Qualifications, Knowledge and Experience

Education & Experience

• Bachelor’s degree, preferably in Commerce/finance, Business, Banking and Finance or related fields
• Professional qualifications in the fields of Accountancy, Finance, financial investments and risk management.
• Master’s Degree an added advantage
• 7 years Banking Experience with at least 4 in a credit risk management role.
• Experience in achievement of BASEL compliance requirements
• Practical experiences in use of MS Office applications

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How to Apply

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