Credit Risk Manager at Davo Dani MFB

Responsibilities:

• Planning, designing, implementing & managing the overall risk management process for the bank
• Monitor the business development for emerging risks and recommend policies and procedures to improve the risk management process
• Facilitate the identification, assessment, measurement, monitoring, controlling, and reporting of the level of risks
• Maintain oversight over the bank’s enterprise risk management activities
• Ensures proper documentation of credits by adhering to set documentation standards and procedures
• Define credit approval framework and recommend credit approval limits in line with the banks’ policy
• Analysis and appraisal of Individual credit requests under approved policies and procedures
• Conduct periodic stress tests and scenario analyses, assessing the impact on the Bank’s credit portfolio and make appropriate recommendations to senior management for appropriate action
• Support the loan remediation team, in negotiating workout plans and strategies for delinquent customers
• Monitor violations of credit policies, and provide analysis, conclusion, and recommendations
• Prepare timely, comprehensive, and reliable credit risk reports to senior management and the board regularly
• Responsible for monitoring and classifying portfolios
• Analyze credit data to determine the risk of extending credit or lending money on every transaction.
• Responsible for researching to monitor market trends, assess risk severity, and make adequate forecasts for product and policy development.
• Prepare a detailed written credit summary of commercial applicants requesting credit
• Support business unit goals by continuous identification of process improvements and efficiencies that reduce costs and improve customer service level
• Evaluate risk business decisions and make recommendations
• Provide support, education, and training to staff to create risk awareness
• Enforce regulatory compliance in line with company procedures, policies, external regulatory bodies, and industry best practices.

Requirements:

• Minimum of 5 years relevant work experience in Risk Analysis, Auditing, Internal Control, and related fields
• Bachelor’s degree in Business Administration, Economics, Accounting etc.
• Professional affiliation or membership with relevant institutions
• Evidence of completion of the Microfinance Certification program
• Ability to foster a cooperative work environment
• Ability to work with minimal supervision
• Good analytic, report writing, and problem-solving skills
• Good understanding of the business process