The Senior Manager - Credit Monitoring & Reporting (CM&R) shall act as a second line of defense by serving as a check on the First Line of Defense’s (FLOD) monitoring activities while ensuring ongoing monitoring of all credit exposures within all segments (excluding non-performing accounts) instead of conducting periodic reporting. The Senior Manager shall also be responsible for all reportings of the Credit Risk unit.

KEY RESPONSIBILITIES:

·        Prompt identification of all excesses/arrears/overdues on accounts and ensuring that same are regularized promptly via close follow up with Sales Team / CCU.

·        Ensuring that annual and interim reviews of borrowing customers are conducted on a timely basis by ensuring that Sales Team are advised of all forthcoming reviews at least 3 months in advance.

·        The CM&R shall ensure highest standards of monitoring of “performing” risk exposures and timely identification and reporting of “potential non-performing” risk exposures to the Chief Risk Officer and other Risk Management Committees so as to prevent a deterioration of the asset book.

·        The CM&R Team shall track all material flaws/expired insurance policies and ensure continuous follow ups with Sales team to address these flaws.

·        The CM&R shall be responsible for the end-to-end process of the Covenant Monitoring (including testing of covenants up to issuance of letters of breach /letters of waiver) by adopting a risk-based approach.

·        The CM&R shall prepare the monthly AMF report for Corporate and International Banking Team in line with the Terms of Reference of the AMF.

·        The CM&R shall pay special attention to relationships which are showing signs of deteriorating credit profile (for example restructured accounts, accounts with repeated excesses/arrears, etc.).

·        The unit shall ensure that early warning signs are identified, investigated and actions are promptly taken to address situations where credit risks have, or could, move outside risk appetite or there is potential to deteriorate further for all risk exposures with deteriorating risk profiles.

·        The CM&R shall be called upon to prepare and review all reports of the Credit Risk unit.

·        Ensure that the subordinates are provided with necessary resources for performing their duties.

·        Keep informed of all changes in relation to Risk related procedures

·        Provide feeds into business and credit policy development where appropriate.

·        Prepare reports for management in relation to credit related matters as and when required.

·        Submission of regulatory reports in a timely manner as per set deadline by regulators where applicable.

·        Dealing with internal, external and central bank audit reviews.

·        Disseminating the corporate culture by promoting the values of the organization.

·        Coach and motivate team members to ensure Employee Engagement Level. 

PREREQUISITES:

·        Degree and/or Post Graduate qualifications in Banking, Accounting and/or Finance from a recognized institution or an alternative qualification from a recognized institution in a field of study relevant to the scope of work, acceptable to the Bank.

·        At least 5 years of work experience in Banking or Finance industry inclusive of at least 3 years of experience in credit underwriting and monitoring.

·        A detailed understanding of Regulatory guidelines and credit risk policies & well versed with banking regulations, guidelines, policies and procedures of the local/ Global Economic Environment

·        Excellent planning, organizing and problem-solving skills coupled with the outstanding communication and interpersonal skills.

·        A detailed knowledge of the Corporate & commercial set of products as well as a broad understanding of products available in the Bank.

·        Good working knowledge of regulations within the financial sector is a must.

·        A good understanding of policies and strategies within the country as they relate to the demands of the customer base.

·        Excellent oral and written communication skills, ability to convey information effectively and convincingly to all levels.

·        Excellent working knowledge of MS Word & Excel tools.

·        Strong credit, accounting, analytical skills and report writing skills.

·        Strong knowledge in performing financial tasks and able to monitor portfolio for trends and warning signs.

·        Strong at delivering high level of customer satisfaction, able to aptly apply sound judgments to varying issues, highly attentive to details and able to meet tight deadlines.

·        A high degree of integrity and confidentiality.

SKILLS:

·        Leadership skills

·        Excellent presentation skills and Communication Skills

·        Understanding of Business, Government and Industry Processes

·        Governance/Management

·        Coaching/development and people management skills

·        Problem Solving and Numerical reasoning ability and analytic skills

·        Excellent planning, organizing and problem-solving skills

·        Attentive to details and deadline driven, as well as able to multitask and work under pressure.