Senior Credit IFRS9 Manager

THE COMPANY:

We are working with a corporate bank who are key player in trade finance, capital markets and corporate lending. They are looking to hire a Senior Credit Risk Manager on a permanent contract.

THE RESPONSIBILITIES:

• Collaborate with the Head of Credit Risk to develop and execute the credit risk management strategy in alignment with the organizational risk appetite.
• Provide oversight and challenge to first line of defence units in identifying, assessing, and managing credit risks per established policies.
• Monitor and evaluate the credit risk profile, including various portfolios such as risk assets, lending, and investments.
• Analyse credit risk metrics like expected credit losses, ECL stage distribution, and large exposures to identify trends and risks.
• Work with stakeholders to ensure consistent credit risk assessment practices and effective mitigation strategies.
• Develop and implement credit risk policies and procedures to enhance risk management and regulatory compliance.
• Contribute to the enhancement of credit risk models and methodologies for improved risk measurement and reporting.
• Present regular credit risk reports to senior management, risk committees, and regulatory bodies, highlighting key issues and recommendations.
• Stay abreast of industry best practices, emerging trends, and regulatory updates to address risks effectively.
• Mentor and guide junior team members to build a proficient and risk-aware credit risk management function.
• Organize and coordinate MCC meetings, including agendas, documentation, and minutes.
• Ensure compliance with governance and decision-making protocols during MCC meetings.
• Manage communications and follow-ups related to MCC decisions and action items.
• Contribute to the (ICAAP) by providing credit risk expertise to evaluate capital adequacy requirements based on the risk profile.
• Collaborate with stakeholders to assess the impact of credit risk on capital needs and risk appetite.
• Integrate credit risk considerations into the ICAAP framework and support the development of strategies to address capital shortfalls and enhance risk management practices.
• Participate in the regular review and update of the ICAAP document, considering changes in risk profiles, regulatory requirements, and internal developments.

EXPERIENCE REQUIRED:

• A preference for candidates who have completed a degree in qualitative subjects.
• A wealth of experience in managing credit risk within the financial services industry, with a focus on second line of defence responsibilities.
• Deep understanding of credit risk principles, methodologies, and regulatory standards.
• Exceptional analytical abilities, problem-solving skills, and decision-making capabilities.
• Outstanding communication and interpersonal skills, enabling effective engagement with a variety of stakeholders.
• Proven leadership and team management skills, with a track record of driving results and fostering a culture of risk awareness.

For further information please contact Eleanor Gowling