Risk and Credit Manager at iRecharge Tech-Innovations Limited

Job Title: Risk and Credit Manager

Activities

• Develop and implement risk management policies and procedures.
• Conduct stress testing and scenario analysis to evaluate the impact of potential risks.
• Review credit limit requests, assessing the appropriateness of the product type, overall credit extension, borrower’s repayment ability, and loan package conformity to organizational standards.
• Monitor various lending team portfolios for credit risk issues, including exception reporting, past dues, loan agreement compliance, trend analysis, and emerging risks.
• Ensure efficient credit risk management to promote an excellent customer experience, both internally and externally.
• Analyze the delinquent portfolio to identify causal factors, make recommendations, and track progress to ensure timely closure.
• Manage loan recovery efforts, such as negotiating work-out plans for delinquent customers and coordinating with collection agencies or legal action when necessary.
• Monitor violations of credit policies and provide analysis, conclusions, and recommendations to senior management.
• Prepare comprehensive and reliable credit risk reports for senior management and the board on a regular basis.
• Ensure compliance with internal and external risk management policies, and provide staff training on risk management practices.
• Collaborate with other departments to ensure a comprehensive approach to risk management.
• Assist in the development of new credit products and services.
• Perform other duties as assigned.

Candidate Profile

• Education: Bachelor’s degree in Finance, Economics, Business Administration, or a related field. A professional certification (e.g., CIBN) is preferred.
• Certification in Risk Management (e.g., FRM, PRM) is preferred.
• Experience: Minimum of 3-5 years of experience in risk management or credit analysis within the banking and technology industries.
• Strong analytical skills with proficiency in risk assessment tools and methodologies.
• In-depth knowledge of risk management frameworks and credit risk analysis, especially within banking and technology.
• Experience in stress testing and scenario analysis.
• Attention to detail and ability to make sound judgments.
• Proficiency in Microsoft Office Suite and risk management software.
• Thorough understanding of current risk management methodologies.
• Strong ability to balance risk management with strategic organizational goals.
• Skill in transforming risk management into a strategic tool for enhancing stakeholder value.

Application Instructions:

The application deadline is 30th November 2024. Therefore qualified and interested candidates should submit their Resumes, cover letters, and any relevant certifications to: [email protected] using the job title as the subject of the mail.