Credit Risk Manager at Equity Bank Tanzania

Credit Risk Manager is responsible for the effective independent oversight of risks associated with Credit portfolio of the bank.

The Manager’s primary responsibility is to develop and implement a credit risk management framework with appropriate tools for identification, measurement, reporting and control of the bank’s credit risk portfolio.

He /she will also provide oversight on the adequacy of the controls over the risk-taking activities and report on adherence to underwriting governance.

MAIN DUTIES AND RESPONSIBILITIES:

• Monitor and ensure key risk activities in credit risk management are undertaken including credit risk policy formulation and development, documentation of credit risk management procedures (pre- and post- sanction, model development and validation for retail, corporate, and, SME lending, credit risk capital computation, data management, risk mitigation programs, monitoring and reporting including determination and monitoring of limits.
• Ensure adequate identification and measurements of the credit risks inherent to the bank’s credit portfolio
• Undertaking portfolio review to ascertain the adequacy of the underwriting controls, collateral management, compliance to facilities classification, compliance to provision charges and charging off requirements.
• Undertaking various testing of the portfolio to ensure a sound health of the portfolio including stress testing, vintage analysis,
• Reporting and recommending to the management on the various matters on the credit risk performance trends, risk landscape, risk mitigation strategies and programs,
• Act in a timely manner to ensure effective management, and where necessary mitigation.

KNOWLEDGE, SKILLS, QUALIFICATIONS AND EXPERIENCE:

Knowledge

• Risk Control mindset: Should show mastery of risk disciplines at a bank-wide and integrated level, risk processes, tools and techniques, capital management, risk- related regulations, and
  compliance.
• Technical Knowledge: Should have a strong understanding of statistics and quantitative data analysis methods.
• Strong process orientation – A strong understanding of banking processes and operations.
  Intellectual curiosity and analytical approach to work.
• Ability to influence a culture of risk awareness in the organization.
• Ability to lead and exercise authority through expertise and experience, showing both strategic and operational understanding of the credit business model.

Skills

• Excellent written and oral communication skills, with proven ability to present and explain complex information.
• Keen business acumen – Business and financial judgment, and problem-solving skills are crucial requirements.

Qualifications

• Bachelor’s Degree in Banking, Finance, Business, or a related field.

Work Experience

• Minimum 5 years’ experience in banking, of which at least 3 years in risk management-related roles.
• The candidate must ideally have strong functional experience, exposure to regulatory interactions and compliance, strong technology orientation, and a keen eye for detail.