Head of Credit Risk Management

The Company is in search of a Head of Credit Risk Management to join its expanding virtual banking business. The successful candidate will serve as the deputy to the Chief Risk Officer, with a primary focus on SME and commercial banking credit risk. Key responsibilities for this role include supporting the CRO in the oversight of financial and non-financial risk management, leading the credit risk management function, providing strategic leadership in credit lending management, and ensuring the development and implementation of credit risk policies and procedures. The role also involves monitoring and managing the credit portfolio, conducting regular reviews and stress tests, and overseeing the credit approval process to ensure compliance with regulatory requirements. Applicants for the Head of Credit Risk Management position at the company should hold a Bachelor’s degree in a relevant field and have at least 15 years' of experience in credit risk management, with a preference for those from reputable traditional banks. Strong analytical skills, proficiency in credit risk assessment tools, and in-depth knowledge of regulatory requirements and industry best practices are essential. The role requires the ability to make informed decisions under pressure, collaborate effectively with cross-functional teams, and possess strong leadership and communication skills. Experience in other financial and non-financial risk areas is advantageous, and experience in virtual banks, while not mandatory, is a plus. The successful candidate will be responsible for leading, mentoring, and developing a team of credit officers and analysts, and must be committed to fostering a culture of excellence and continuous improvement.