SME Credit Risk Manager

The incumbent is responsible for the development and maintenance of a high quality SME and retail credit portfolio with main focus being on SME business segment.

SCOPE OF JOB: Responsible for the development and maintenance of a high quality SME and retail credit portfolio with main focus being on SME business segment. The SME Credit Risk Manager will have main responsibility for the approval of SME and small corporate loans based on delegated authority and as required approval of retail credits. Responsibilities also include implementation of credit risk management policies and establishment of processes and procedures to ensure adherence. The incumbent will be responsible for providing specific coaching activities around underwriting principles.

MAIN DUTIES & RESPONSIBILITIES:

1. Evaluate and authorize consumer SME and small corporate credit applications within delegated authority to ensure that extension of credit facilities are within applicable limits and in accordance with JMMB’s Credit Risk Management guideline.
2. Evaluate and authorize retail applications within delegated authority to ensure that extension of credit facilities are within applicable limits and in accordance with JMMB’s Credit Risk Management policies/guidelines.  
3. Analyze financial statements to determine suitability of credit risks in potential Borrowers before approval within delegated authority and within the service level agreements.
4. Review and authorize credit proposals assessed and recommended by the Retail Credit Risk Managers within delegated authority and agreed turnaround times.
5. Conducts evaluation of credit facilities that exceed delegated authority and makes recommendations to the Corporate Credit Risk Manager, Senior Manager, Credit Risk Management and/or the General Manger – Credit Risk Management for approval.
6. Deliver high quality credit risk decisions within the service level agreements.
7. Manage post approval requests for disbursements and changes in security or conditions and approve/decline within delegated authority.
8. As part of the evaluation of credit applications, conduct enhanced due diligence/investigations when warranted to prevent/reduce losses to the Bank due to persons attempting to access financing via fraudulent means.
9. Identifies weaknesses in credit applications submitted by Banking Officers and provides coaching/guidance to improve the quality of credit submissions.
10. Development of a structured, formal and on-going training programme for Banking Officers in identified areas of weaknesses.
11. Recommends to the Management Credit Committee via the General Manager – Credit Risk Management changes to existing policy or procedures that will reduce credit risk, improve service delivery or increase market competitiveness.
12. Assesses the SME banking portfolios and alerts General Manager – Credit Risk Management to adverse trends for corrective action.
13. Preparation of management reports on a monthly basis or as otherwise requested by the General Manager – Credit Risk Management and/or the Management Credit Committee.
14. Preparation of monthly and/or quarterly reports for inclusion in the General Manager’s monthly report to the MCC.

EDUCATION, TRAINING & WORK EXPERIENCE REQUIRED:

• First Degree in Banking, Finance, Accounting or Business Administration
• Minimum of five (5) years experience in SME and Retail Credit within the Financial sector with particular focus on SME Credit
• Sound knowledge of and proven experience in Consumer and SME lending
• Proven track record in managing a credit portfolio and sound knowledge of security requirements for loans
• Strong communication skills and proven ability to deliver excellent client care
• Strong analytical skills
• Strong persuasion and negotiation skills to structure and negotiate credit offerings with clients
• Proven abilities to give sound financial advice and prudently grow loan portfolio
• Excellent knowledge of the financial sector laws, regulations, ethics and professional jargon
• Licensed by the Financial Services Commission or a suitable candidate for licensing.
• Thorough knowledge of retail and SME lending and deposit products in the market.