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Careers at Savings and Loans Company
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Credit Risk Manager

Full Time
2 Feb 2022
Verified by Turrior

Content + Source + Freshness • 12 Dec 2025 • 95% confidence

78 / 100

Offer value

Good score due to the importance of managing credit risk and maintaining portfolio quality in a banking environment, although potential work stress should be considered.

  • Key role in maintaining credit portfolio quality
  • Requires solid experience in risk management
  • Full-time position with regular office hours
  • Impactful position with inherent work stress
Pros
  • Critical role in ensuring portfolio health
  • Direct impact on income preservation
  • Opportunities for hands-on risk management experience
Cons
  • Significant pressure associated with credit monitoring
  • Requires extensive knowledge of regulatory standards
  • Possibility of long hours especially during financial reviews

Who it's for

Mid to Senior-level • Office-based

Good fit
  • Experienced credit risk managers
  • Individuals comfortable with high-pressure environments
  • Professionals passionate about compliance and risk mitigation
Not recommended for
  • Entry-level professionals
  • Those seeking low-stress roles
  • Candidates without relevant experience in banking

Motivation fit

Desire to tackle credit risk challengesInterest in maintaining high standards in bankingWillingness to manage compliance objectives

Key skills

Credit risk assessmentAnalytical thinkingRegulatory knowledgeTeam leadership
Score: 78/100 AI verified analysis

About the job

JOB SUMMARY

The Credit Risk Manager would maximize returns by maintaining credit risk exposure within acceptable parameters. To manage the credit risk inherent in the entire portfolio as well as the risk in individual credits or transactions.

KEY RESPONSIBILITIES

  1. Ensure the Institution’s portfolio quality is within acceptable standard.
  2. Ensure team coherence and take lead in responsibilities.
  3. Reduce income leakage by championing the automation of all income lines.
  4. Monitor post disbursement conditions, track all deferrals and work with Credit Team to ensure compliance.
  5. Ensure timely portfolio quality reports to Management on weekly and monthly basis, or as and when required.
  6. Prepare and coordinate the required regulatory reports on portfolio quality on time and avoid any delays in submission.
  7. Conduct periodic collateral inspection to ensure security accepted at inception of facilities are always unencumbered and protected.
  8. Interact with customers to understand their business cycles for effective monitoring.
  9. Improve workflow between credit monitoring and the Credit team to build a robust credit monitoring framework.
  10. Supervise closely the Credit Monitoring team to limit the number of Early Warning Accounts migrating to Recoveries.
  11. Avoid delays in review of loans, comply with Service Legal Agreement
  12. Ensure compliance to regulatory standards (limits)
  13. Update the Management Approval Register on daily basis, to keep up to date record of all approvals granted by management.
  14. Conduct periodic assessment of the portfolio to ensure the institution will be able to withstand external and internal shocks.

SKILLS AND REQUIREMENTS

  1. A sound understanding of Credit Risk Management principles and philosophy.
  2. Digitally competent, utilizing technology to reduce cost and improve services.
  3. Ability to effectively identify issues, analyze the problems and root causes and provide solutions.
  4. Ability to communicate and work with people at different levels and from different backgrounds.
  5. A keen and effective team player with excellent inter-personal skills
  6. Ability to understand and interpret financial information and principles.
  7. Excellent knowledge of MS office with significant report writing skills and presentation.

EDUCATION AND PROFESSIONAL TRAINING

  1. University Degree-holder finance, accounting, or related disciplines.
  2. Minimum 5 years of relevant working experience in the financial services industry
  3. A master’s degree is an added advantage.
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