Chief Credit Officer at SBM Bank

Job Purpose:

Reporting to the Chief Executive, the Chief Credit Officer (CCO) will be responsible for the overall management of the Bank’s Credit Administration Division, including the Credit Underwriting Team, Credit Recovery Unit and Credit Services Unit to ensure that the bank’s credit operations functions are run effectively and efficiently. The job incumbent is also accountable for loan review analysis process, and all functions providing lending support, direction, credit information, and loan policies, procedures and processes to ensure the overall quality of the Bank’s lending portfolio.

Key Responsibilities:

• Overview the credit underwriting team in the daily credit application assessment & follow-up, to mitigate risk of lending to customers by providing a critical analysis of customers credit applications towards business decisions
• Monitor disbursement of loans with the objective of reducing the turn-around time for loan disbursement and achieving complete and accurate documentation prior to disbursement within the limits of the Bank’s guidelines and BoM regulations
• Ensure adherence to credit, collection and fraud policies and objectives to manage risk within the company’s acceptable risk ranges for commercial, consumer and credit card lending
• Develop scorecard analytics and a credit policy for managing the level of credit risk exposure
• Ensure compliance with regulatory bodies
• Act as principal spokesperson for the lending function and manage the loan approval process
• Work in close collaboration with the legal team to ensure that litigation issues are resolved expeditiously while minimizing legal and collection expenses
• Perform any other related duties as may be required

Qualifications, Experience & Skills:

• Post graduate qualifications in in Finance/Banking/Accounting/Legal or any professional qualifications
• 10+ years’ of banking / financial services / credit related field experience including 5+ years in leadership role
• A good knowledge and understanding of Banking, as well as domestic and international legislation, rules and regulations impacting banking and non-banking
• Familiar with current industry trends
• Excellent communication, presentation, negotiation and interpersonal skills
• Ability to read, understand and communicate technical documentation
• Problem solving skills and result orientation
• Excellent leadership, organizational and multitasking skills
• Detail oriented