Credit Risk Manager
Posted Updated
Description
- Manage the company’s overall risk management activities by developing, implementing, and maintaining effective risk management frameworks, policies, processes, and controls and identifying, assessing, monitoring, and mitigating financial and non-financial risks while ensuring alignment with the company’s risk appetite, strategic objectives, and regulatory requirements.
- Monitor portfolio performance and identify key risk trends and emerging risks to ensure timely identification and mitigation of potential portfolio deterioration.
- Develop, review, and enhance credit policies and lending criteria to ensure effective credit decision making and alignment with the company’s risk appetite.
- Segment and analyze the portfolio by product, customer segment, geography, vintage, and risk profile to identify risk concentrations and portfolio performance trends.
- Develop and monitor risk appetite, portfolio limits, and Key Risk Indicators (KRIs) to ensure portfolio exposures remain within approved risk parameters.
- Analyze portfolio quality, including PAR, NPLs, roll rates, vintage analysis, and migration trends to assess portfolio health and identify areas requiring corrective action.
- Design and enhance credit strategies based on portfolio performance and observed risk trends to support sustainable portfolio growth while maintaining acceptable risk levels.
- Review and optimize credit scoring and decisioning strategies to improve credit assessment accuracy and ensure consistent risk-based lending decisions.
- Develop risk-based pricing strategies and assess the impact of policy changes on portfolio performance and profitability to balance risk exposure with business growth and financial returns.
- Develop early warning indicators and proactive portfolio management actions to identify potential deterioration at an early stage and minimize credit losses.
- Collaborate closely with Business, Product, Collections, Finance, and Data/Analytics teams to ensure effective risk management and sustainable portfolio growth.
- Conduct portfolio stress testing and scenario analysis to assess potential credit risk impacts under adverse economic and business conditions.
- Provide senior management and relevant committees with regular portfolio risk insights and recommendations to support informed decision-making and effective portfolio risk management.
- Bachelor’s degree in finance, Business, Risk Management, or a related field
- Master’s degree in finance, Risk Management, Business Administration, or a related field is preferred.
- Minimum of 7 years of progressive risk management experience, preferably within the financial services or consumer finance industry
- Extensive experience in portfolio performance monitoring, segmentation, and risk trend analysis, to ensure effective identification of portfolio deterioration and emerging risk
- In-depth knowledge of Egyptian regulatory requirements (FRA, CBE), EAS, IFRS, and global risk frameworks (e.g., COSO, Basel)
- Strategic risk management and analytical thinking
- Leadership, team building, and communication skills
- Strong financial analysis and risk modeling capabilities
- Crisis management and business continuity planning
- Problem-solving and decision-making under pressure
- Problem-solving and decision-making under pressure.
- Certified Risk Management Professional (CRMP), Financial Risk Manager (FRM), or equivalent preferred
- Enterprise Risk Management and Regulatory Compliance training