Senior Officer Credit Risk at Family Bank Ltd

• To work with risk and credit departments in developing, updating and implementation of robust credit risk policies, procedures, and frameworks in line with regulatory requirements and best practices.
• In conjunction with risk and credit departments, develop and update the Bank's risk appetite framework, with a focus on credit exposures across all segments (Retail, MSME, Corporate, Digital/Fintech).
• Support automation and digital transformation of credit processes, including scoring models.

• Independently review and challenge credit proposals, ensuring compliance with policy, regulatory guidelines, and risk appetite.
• Provide expert opinion on complex credit applications and large exposures before escalation to senior committees.
• Support the credit approval process for innovative products such as digital lending, buy-now-paylater, and unsecured SME products.

• Monitor credit portfolio performance, concentration, and trends across business lines and branches.
• Prepare regular portfolio risk dashboards, reports, and insights for Senior Management and the Board.

• Work with credit department to proactively set and review Credit risk limits
• Continuous update of the Risk register on Credit Risk
• Assist Management in defining and proposing revisions of risk appetites for Credit Risk
• Ensure monthly collation of data on the KRIs for credit Risk.
• Recommend improvement in credit appetite, process, procedures and policy as a result of risks identified from the monthly monitoring of KRIs

• Oversee IFRS 9 credit impairment models, provisioning adequacy, and risk-adjusted capital allocation.
• Collaborate with Finance and Credit departments to ensure accuracy and timeliness of reporting on provisions as per IFRS 9 and CBK Prudential Guidelines
• Provide inputs into Internal Capital Adequacy Assessment Process (ICAAP) on credit risk related aspects

• Work with product, digital, and business transformation teams to assess credit risk implications of new products, channels, and partnerships.
• Evaluate fintech and alternative lending models, ensuring sound risk controls and credit underwriting standards.
• Strengthen use of data analytics, credit scoring, and alternative credit risk assessment models.
• Snap check on head office and branches to assess risks within credit processes.

• Ensure full adherence to regulatory requirements, central bank guidelines, and internal policies.
• Support regulatory inspections and provide timely, accurate reporting on credit risk.
• Implement corrective actions from audits, regulatory feedback, and internal reviews.
• Prepare comprehensive stress tests for management and regulatory reporting.

• Establish and continuously enhance credit risk measurement systems including loss valuation models, , sensitivity analysis and scenario analysis.
• Conduct stress tests for Credit risks in line with CBK regulations.
• Provide actionable recommendations from the stress tests conducted to aid management in decision making.
• Perform regular stress testing, scenario analysis, and early warning assessments to detect vulnerabilities to assist Management in decisions relating to credit risk.

• Weekly reports to Management through Head of Financial risk on any significant existing and emerging credit risk exposures facing the bank.
• Under guidance from Head of Financial Risk, prepare Monthly reports for the Management Credit Committee and Quarterly Board reports on Credit Risks.

• Ensure preparation of implementation plans on issues raised from risk event reports and risk assessments.
• Follow up for closure of issues raised and aversion of repeat incidences.

• Work with Head of Financial risk in order to provide guidance, mentorship, and training to credit risk analysts and officers where necessary.
• Foster collaboration with Business, Compliance, Legal, and Operations to balance risk and growth.
• Promote a culture of disciplined credit risk management across the Bank.

• Bachelor's degree in finance, Accounting, Economics, Banking, Statistics, Credit Risk Management or related field.
• Professional qualifications such as CFA, FRM, CPA, ACCA or any other relevant qualification in credit risk management
• At least 6-8 years of experience in credit risk management, underwriting, or related functions in banking/financial services.
• Comprehensive knowledge of credit risk frameworks, Basel II/III, IFRS 9, and regulatory guidelines.
• Experience with digital lending, credit analytics, and transformation initiatives are a strong advantage.
• Proficiency in risk modeling, data analysis, and risk reporting tools (Excel, SAS, Python, or similar).

• In-depth understanding of credit risk assessment, modeling, and monitoring.
• Strong quantitative and analytical skills.
• Knowledge of digital lending models, scoring systems, and risk automation tools.
• Familiarity with regulatory frameworks and credit risk capital requirements.

• High integrity, independence, and professional judgment.
• Strong communication and influencing skills, especially with senior stakeholders.
• Problem-solving and decision-making abilities.
• Adaptability and resilience in a fast-changing transformation environment.
• Performance Measures
• Effectiveness of credit risk framework implementation.
• Timeliness and quality of credit risk reporting.
• Regulatory compliance and inspection outcomes.
• Success in embedding credit risk considerations in transformation projects.
• Capacity development and engagement within the credit risk team.

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