Credit and Market Risk Manager

Job Title: Credit & Market Risk Manager

Supervisor: Chief Risk Officer

Department: Risk Management

Unit: Credit & Market Risk

Job Summary

The Credit & Market Risk Manager is responsible for overseeing and managing the Bank s exposure to credit and market risks. The primary purpose of the role is to ensure that these risks are appropriately identified measured monitored and controlled in alignment with the Bank s risk appetite and strategic objectives. This role will also support in Treasury Middle Office (TMO) activities & Liquidity risk management.

Key Responsibilities

Credit Risk Management:

1. Credit Risk Framework & Policy:
   

• Develop review and update credit risk management policies procedures and methodologies across all lending portfolios (corporate retail SME project finance etc.).
  

• Define and monitor credit risk appetite and limits at the portfolio sector and individual client levels.
  

• Ensure adherence to sound credit-granting criteria and processes.
  

1. Credit Assessment & Due Diligence:
   

• Provide independent risk assessment and challenge on credit proposals new products and complex transactions.
  

• Review and validate credit ratings scoring models and other credit assessment tools.
  

• Conduct in-depth analysis of borrower financial health industry trends and macroeconomic factors impacting creditworthiness.
  

1. Portfolio Monitoring & Management:
   

• Continuously monitor the credit portfolio performance identifying early warning indicators of deterioration.
  

• Analyze non-performing loans (NPLs) provisions for credit losses and other key credit quality metrics.
  

• Recommend and monitor remedial actions for problem accounts working closely with credit administration and collections teams.
  

• Manage credit concentration risks across various dimensions (client sector geography product).
  

• Review IFRS9 implementation and reporting
  

1. Credit Risk Reporting:
   

• Prepare comprehensive credit risk reports for senior management relevant committees (e.g. Credit Committee Risk Committee) and the Board detailing exposures trends breaches and mitigation strategies.
  

• Ensure accurate and timely reporting for internal and regulatory purposes.
  

1. Stress Testing & Capital Adequacy (Credit):
   

• Design and conduct credit risk stress tests and scenario analyses to assess the impact of adverse economic conditions on the credit portfolio.
  

• Provide input for internal capital adequacy assessment processes (ICAAP) related to credit risk.
  

Market Risk Management:

1. Market Risk Framework & Policy:
   

• Develop review and update market risk management policies procedures and methodologies for trading investment and banking books.
  

• Define and monitor market risk appetite and limits (e.g. VaR Expected Shortfall sensitivity limits stop-loss limits net open positions).
  

1. Risk Measurement & Analysis:
   

• Implement validate and maintain quantitative market risk models (e.g. VaR stress testing back-testing).
  

• Monitor market risk exposures daily/intraday against approved limits escalating breaches and providing root cause analysis.
  

• Analyze the impact of market movements (interest rates foreign exchange volatility) on the Banks positions and profitability.
  

1. Stress Testing & Scenario Analysis (Market):
   

• Design and execute market risk stress tests and hypothetical scenarios to assess resilience to extreme market events.
  

• Conduct reverse stress testing to identify scenarios that could severely impact the Banks market risk profile.
  

1. Hedging & Derivatives Oversight:
   

• Provide independent oversight and challenge on hedging strategies employed by Treasury
  

• Assess the market risk implications of new financial products and derivatives.
  

1. Market Risk Reporting:
   

• Prepare comprehensive market risk reports for senior management relevant committees (e.g. ALCO Risk Committee) and the Board detailing exposures limit utilization and stress test results.
  

• Ensure accurate and timely reporting for internal and regulatory purposes
  

General & Cross-Functional Responsibilities:

1. Regulatory Compliance:
   

• Ensure all credit and market risk management activities comply with relevant laws regulations and prudential guidelines (e.g. Basel accords central bank directives).
  

• Act as a key point of contact for regulatory examinations and internal/external audits related to credit and market risk.
  

1. Model Management:
   

• Oversee the performance and validation of credit and market risk models ensuring their accuracy and appropriateness.
  

1. Reporting & Communication:
   

• Consolidate and integrate credit and market risk insights for holistic enterprise-level reporting.
  

• Effectively communicate complex risk concepts and findings to diverse audiences including non-technical stakeholders.
  

1. Advisory & Challenge:
   

• Provide independent challenge and expert advice to business units Treasury and other functions on credit and market risk matters.
  

1. System & Data Management:
   

• Collaborate with IT and data teams to ensure the integrity availability and enhancement of risk management systems and data.
  

Requirements

Qualifications

• Bachelor s degree in finance Commerce Business Administration Economics or related; ESG-related certification is added advantage
  

• Experience in credit risk management responsible lending market risk management trading or financial analysis.
  

• Analytical mindset with strong decision-making communication and stakeholder engagement skills.
  

• Strong quantitative skills and experience with risk modeling tools
  

Required Skills

• Strong analytical and quantitative skills with the ability to interpret complex data and build risk models.
  

• Proficiency in data analysis tools and Ms. Excel
  

• Proactive self-starter with a strong sense of ownership and accountability.
  

• High ethical standards
  

• Strong problem-solving abilities and attention to detail.
  

• Ability to navigate ambiguity and adapt to a rapidly evolving regulatory and market landscape.
  

• Excellent written and verbal communication and presentation skills.
  

• Strong critical thinking problem-solving and decision-making abilities.
  

• Ability to work independently and collaboratively in a fast-paced environment.
  

• High level of integrity attention to detail and a proactive approach to risk management.