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Job Summary:
- Ensures the development and updating as well as the issuance of the relevant guidelines/policies (and procedures as necessary) governing the lending activities of the Bank. Monitors policy deviations and exceptions, ensure proper approvals were secured, and that deviations remain within approved limits. Adjusts credit policies based on delinquency trends, business targets and regulatory changes.
How will you contribute:
- Assist in conceptualization, formulation, and/or updating of the guidelines/policies and procedures governing the credit or lending activities of the Bank that consider (a) a standardized risk-based policy across the Lending Units, (b) within the AML, Compliance, MORB and other regulatory framework, (c) customer centric, (d) responsive to the dynamic business, operational and risk requirements, and (e) improve exceptions handling and approvals.
- Assist in addressing relevant internal and external audit findings via issuance and/or updating of credit policies and implementing guidelines.
- Seek proper review from involved units as well as documented sign-offs and approvals on the policy documents.
- Provide guidance to internal customers in the interpretation and implementation of the provisions of the approved credit guidelines/policies as issued via the Riz Library.
- Ensure exceptions/ deviations to credit policy are monitored regularly, duly approved by delegated authority, remains within acceptable levels relative to total portfolio, and reported regularly to relevant units and Senior Management.
- Implement policy changes to minimize exceptions and improve approval process of exceptions, while remaining aligned with the credit risk appetite of the Bank.
- Review the other Lending/Business Units' Operations Manuals, guidelines/policies and procedures as may be assigned to ensure salient matters specifically regarding credit related matters (as deemed applicable) are considered and/or addressed.
- Provide suggestions to Credit Policy Officers handling Consumer Loans and/or Wholesale Loans on how respective policies may be improved with regards to exceptions.
- Cover for the other policy officers from time to time.
What will make you successful:
- A bachelor's degree in Business Administration, Economics, Management and Finance. Post-graduate degree and/or relevant trainings are an advantage.
- Must be comfortable with numbers, highly analytical. Familiarity with bank products and services is a plus.
- Must have excellent oral and communication skills
- Team player, with good interpersonal skills but can also work independently and with minimal supervision.
- Must be proficient in MS Word, Excel and PowerPoint or similar softwares.
- Demonstrated leadership through extra curricular activities also an advantage.
- Fresh graduates are welcome to apply!