Head of Credit & Investments job at True North Ltd | Apply Now

Responsibilities

• Develop and implement credit & Investment risk management strategies and policies.

• Oversee the evaluation of credit & Investment applications, ensuring thorough analysis of financial statements, cash flow, collateral, and other relevant factors.

• Manage the bank’s investment portfolio to ensure a balanced and healthy mix of credit exposures.

• Develop and update credit policies, procedures, and guidelines in line with regulatory requirements and industry best practices.

• Lead, mentor, and develop the credit & Investment team to achieve high performance and professional growth.

• Collaborate with other departments, such as business development, risk management, and operations, to ensure alignment and effective credit risk management.

• Prepare and present regular reports on credit portfolio performance, risk exposure, and key metrics to senior management and the board.

Specific Activities

Credit Risk Management

• Develop and implement credit risk management strategies and policies.

• Conduct thorough credit risk assessments and approve credit facilities within delegated authority limits.

• Monitor the credit portfolio to identify and mitigate potential risks.

• Credit Analysis and Approval

• Oversee the evaluation of credit applications, ensuring thorough analysis of financial statements, cash flow, collateral, and other relevant factors.

• Make credit decisions or recommendations to the credit committee based on detailed analysis and risk assessment.

Portfolio Management

• Manage the bank’s Credit portfolio to ensure a balanced and healthy mix of credit exposures.

• Monitor and review existing credit facilities to ensure compliance with approved terms and conditions.

• Implement strategies to minimize non-performing Investments (NPIs) and maximize recoveries.

  
  

Policy Development and Compliance

• Develop and update credit policies, procedures, and guidelines in line with regulatory requirements and industry best practices.

• Ensure compliance with all relevant laws, regulations, and internal policies.

Team Leadership and Development

• Lead, mentor, and develop the credit team to achieve high performance and professional growth.

• Set clear performance objectives and conduct regular performance reviews.

• Foster a collaborative and supportive work environment.

  
  

Stakeholder Management

• Collaborate with other departments, such as business development, risk management, and operations, to ensure alignment and effective credit risk management.

• Liaise with external stakeholders, including regulators, auditors, and credit rating agencies.

  
  

Reporting and Analysis

• Prepare and present regular reports on credit portfolio performance, risk exposure, and key metrics to senior management and the board.

• Conduct periodic stress testing and scenario analysis to evaluate the resilience of the credit portfolio.

  
  

Financial Responsibility

• Provide financial insights for the development of new credit products and services.

• Ensure that new products are financially viable and meet market demand.

• Ensure that the bank’s credit portfolio achieves an optimal balance between risk and return.

• Implement pricing strategies that reflect the risk profile of borrowers and market conditions.

• Advise on the efficient allocation of capital to different segments of the credit portfolio.

• Ensure that capital is deployed in a manner that maximizes returns while minimizing risk.

• Ensure accurate recording and reporting of all credit-related financial transactions.

• Collaborate on financial audits and reviews.