Credit Risk Manager
FinAfri Talent Network
Lagos, LA, Nigeria
1d ago

Our Client is a pre-eminent Merchant Bank owned by reputable corporate and private investors. The Bank has its headquarters in Lagos, Nigeria with focus on high end financial products and services to select clientele in targeted sectors of the economy.

Our operations cover Corporate Banking, Private Banking, Investment Banking, Asset & Wealth Management, Treasury & Global Markets and Securities Trading.

In alignment with the Bank group's growth strategy, highly motivated employees are essential to our client's organization’s sustainable success, hence, its seeking the recruitment of motivated and competent talents to critical positions in the Bank.

Job Objectives

Ensuring the availability and continuous management of all necessary structures, policy, and resources to ensure the Bank’s Credit Risks are proactively identified, measured, managed and monitored with a resultant effect of good quality risk assets.

Duties & Responsibilities

  • Ensure the development of an annual Strategic Portfolio Plan at the beginning of every financial year that will clearly specify the target portfolio size, portfolio distribution by industry, economic sector and business Units
  • Ensure compliance with portfolio plan through generation of the Portfolio Stratification Report of the bank’s credit exposures by portfolio aggregation levels including industry / sector, product, maturity, collateral class, geography / region, customer type, responsible team and risk rating
  • Sponsor the provision of reports on NPLs by various stratification levels and recommend appropriate measures / policy changes for reducing losses or controlling actual loss norms within the desired levels / target
  • Sponsor the Provision of reports on exposure quality by risk rating / scoring and make appropriate recommendations based on observations.
  • Sponsoring the regular review and concurring to all Credit Product Programme initiated by credit office or market facing to ensure the Programmes are in line with our RAAC and the Bank’s policies
  • Make representation to the various board corporate governance committees on credit risk related issues
  • Sponsor and directly drive Bank’s Basel Programme
  • Anchor Credit automation projects e.g. Credit Product Programmes etc. and working with software vendors to implement new Credit Software that the bank may purchase
  • Developing and sensitizing staff on credit policies and methodologies with respect to credit granting criteria, collateral admissibility policies, large exposure policies, pricing methodologies etc.
  • Ensuring that proper loan monitoring & reporting frameworks and structures are put in place to drive the loan monitoring function
  • Perform other duties as required by the Chief Risk Officer
  • Education Requirement

  • First degree or its equivalent in any discipline
  • Post Graduate qualification (if any); Other Professional Qualifications e.g. CFA, ACCA, ICM, ACA, ICAEW, CIMA or any other relevant certifications
  • Minimum of 10 (ten) years’ experience, 6 of which must be in Credit Risk Management.
  • Knowledge

  • Very good Credit & Market Knowledge
  • Financial modeling Knowledge
  • Excellent training skills and mentoring attributes
  • Analytical and probing mind
  • Above intermediate computer Knowledge
  • Fraud and Operational risk knowledge.
  • Policy and Regulatory Interpretation skill and Implementation capability
  • Extensive Working Knowledge of Microsoft word, Excel and power point and Intranet Mailing facility
  • Attention to Details.
  • Performance Under Pressure
  • Problem Solving
  • Independent Minded
  • High retentive memory
  • Multi-tasking disposition
  • Other Requirements

  • Good Managerial and Strategic execution skills
  • Good people management skills
  • Analytical and Investigation Skills
  • Accounting Skills.
  • General multi Corporate Finance and Financial Strategy Skills
  • Comprehensive Credit Risk Skills.
  • Good interpersonal and communication skills
  • Excellent presentation and negotiation skills.
  • Applications closes on Feb 28, 2022.

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