Chief Credit Officer

Job Description

Division: Credit Risk Management

Department: Credit Risk Management

Reporting Relationships:

Functionally reports to the Country MD

Supervises:

Credit Officer, Credit Analyst, Credit Control and Monitoring and Credit Administration

Job Duties:

Ensure all credit policies and guidelines, procedural and process manuals are adhered to

Increase credit awareness in high bank-wide through periodic training and testing

Ensure credit officers execute assigned functions appropriately

Maintain a high quality credit portfolio, based on internationally accepted risk rating models, which are adequately secured and provide appropriate returns for accepted risk

Ensure high credit administration standards with suitable archiving and reporting systems

Monitor the implementation of product programs of the Bank

Identify causes of credit failures and mitigate bank-wide to prevent recurrence

Communicate regularly with Bank staff regarding policy changes, process improvements initiatives etc

Ensure compliance with regulatory guidelines to protect the bank from sanctions

Ensure responses to internal and external queries fall within agreed turnaround time

Key Performance Indicators:

Credit quality – ratio of non-performing loans to performing loans

Internal and regulatory audit ratings (number of infractions & sanctionable offences)

External credit rating

Effectiveness of policies and processes developed in limiting credit defaults

Promptness and timeliness in carrying out responsibilities and meeting commitments

Cost management – actual cost versus budgeted cost

Skills:

Good analytical skills

Excellent writing skills

Good presentation skills

Good interpersonal skills

Strong team player and excellent organization skills

High information/data gathering ability

Strong attention to details and ability to work under pressure

Supervisory skills

Job Requirements & Knowledge:

Proficiency in credit structuring

Product Development

Deep industry knowledge

Sound knowledge of regulatory requirements

Local Banking Laws

Application requirements:

Candidate must possess a minimum of a credit in a first degree from a recognized university

Candidate must have 8 – 10 years banking experience

Candidates must have a minimum of 5 credits on their Grade 12 results with Mathematics and English included.

ZAQA verified certificates