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Credit Risk Governance Manager
HFC Limited, the banking and property finance subsidiary of HF Group, has an exciting opportunity in our Risk & Compliance Department. We are seeking a talented, dynamic, self-driven, and results-oriented individual who is committed to performance, excellence, and participating in our growth strategy.
The job holder is responsible for providing an independent assurance to management, that established controls around Credit risk management are operating as intended to ensure compliance with regulations and established Bank policies and procedures resulting to minimized credit losses.
Deadline: 2025-07-18
Category: Credit
Subsidiary: HFC
Principle Accountabilities
Key responsibilities include:
- Identifying, assessing, and reporting material individual, aggregate, and emerging credit risks.
- Continuous evaluation and monitoring of the credit risk-taking activities and exposures to ensure they are within the Bank’s risk appetite, risk limit,s and corresponding capital and liquidity requirements.
- Establishing an early warning or trigger system for breaches of the Bank’s Credit risk internal limits and prudential limits.
- Monthly Attestation that Risk Appetite and Credit Policy breaches are being monitored, escalated, and tabled at the Management Lending Committee and BCC (Proof required).
- Regular Review of the Credit granting process to ensure that this is in line with the approved product parameters.
- Ensure that the Management Lending Committee is tracking the use of the discretionary mandate on a monthly basis.
- Follow up to ensure that, in line with the Watchlist Mandate, Watch list procedures for Pre-NPLs and NPLs are followed, and at least Monthly Watch List meetings are held (minutes must be maintained).
- Develop a credit risk stress testing model and conduct regular stress testing as per the bank’s stress testing programme.
- Assurance on Credit Provisions. Follow up and ensure that:Credit Risk Provisioning is being done on a monthly basis in line with the approved model. The Provisioning model is reviewed regularly, taking into account changes in the operating environment and industry best practice.
- Review and advice on adequacy of credit risk management strategies, policies, procedures, limits and process in place
- Create and maintain portfolio-based framework for measuring credit risk within both the banking and trading book.
- Establish and maintain the Banks credit risk register.
- Follow up for closure of significant risks and issues in credit environment as highlighted by the Internal Auditors, external auditors, regulators and any other compliance reviews.
- Support in key Credit risk initiatives including staff training programs and credit systems implementation and rollout where necessary.
- Work with market risk and operational risk analysts to aggregate exposures for enterprise risk management.
- Develop and monitor climate-related/ESG risk metrics at exposure, counterparty, and portfolio levels as well as develop stress test methodologies to test resilience to climate-related risks
- Regular review and testing of the adequacy and effectiveness of various credit risk management models including the IFRS 9 ECL model
- Carry out periodic control sample testing reviews of credit/loan products and ensure that the policy requirements of the Credit Policy are complied with.
- Support in keeping track of circulars and reports released by CBK, KBA, etc. to ensure Bank’s compliance on credit-related matters
Key Competencies and Skills
General competencies:
- Communication skills
- I.T. Skills (MS Office)
- Creativity
- Team player
- High levels of professionalism and professional development.
- Honest with impeccable integrity (high ethical standards)
Minimum Qualifications, Knowledge and Experience
Education & Experience
- Bachelor’s degree, preferably in Commerce/finance, Business, Banking and Finance or related fields
- Professional qualifications in the fields of Accountancy, Finance, financial investments and risk management.
- Master’s Degree an added advantage
- 7 years Banking Experience with at least 4 in a credit risk management role.
- Experience in achievement of BASEL compliance requirements
- Practical experiences in use of MS Office applications
