Managing a team, our credit and risk director must be able to perform under pressure in a highly demanding environment. Responsibilities will include:
a. Compile annual business unit credit risk action plans (comprising education and awareness, control testing, problem resolution, audit preparation and pre-issue assurance assessments for the bank in conjunction with internal stakeholders (Finance Specialist, Corporate and Executive Banking)
b. Ensure the credit risk environment is tested, enhanced and effectively managed.
c. Provide the risk manager and line managers with support covering the credit strategy, value-add change initiatives, training, portfolio management, policies, procedures, processes and products.
d. Review the business models for the monitoring and control processes with a view to streamlining and automating processes, procedures where applicable. Serve as a subject matter expert to the process owners or product team to ensure adequate internal controls by supporting the development teams to assess the potential risks, calculating potential loss and the cost of control.
e. Facilitate the development of Key Risk Scenarios with the Credit Risk Analyst, including the determination of likelihood of occurrence and potential impact. Actively work to minimise the amount of economic capital that has to be set aside for these risks and align these with requirements and regulations.