Chief Credit Officer

The Chief Credit Officer is responsible for overseeing the banks overall credit risk framework ensuring the sound management of credit portfolios and maintaining asset quality. The CCO develops and enforces credit policies supervises lending practices and drives risk-adjusted growth while ensuring compliance with regulatory requirements and internal standards.

Key Responsibilities:

1. Credit Risk Strategy & Governance
   • Develop and implement the banks credit risk strategy aligned with overall business objectives.
   • Establish credit risk policies procedures and limits to mitigate risk exposure.
   • Monitor and report on portfolio credit quality and emerging risks to the Board and senior management.
2. Portfolio Management & Oversight
   • Oversee all lending activities including corporate commercial retail and SME portfolios.
   • Ensure effective credit assessment underwriting approval and monitoring processes.
   • Analyze portfolio performance identify trends and implement corrective actions for risk mitigation.
3. Risk Assessment & Compliance
   • Evaluate credit risk in new products services and client segments.
   • Ensure compliance with regulatory requirements internal credit policies and risk management standards.
   • Work closely with auditors regulators and internal control teams to maintain high standards of governance.
4. Problem Loan Management
   • Lead strategies for distressed assets non-performing loans and recovery processes.
   • Oversee workout and restructuring programs to minimize losses.
   • Coordinate with legal and collections teams to ensure effective resolution of problem accounts.
5. Leadership & Team Development
   • Lead mentor and develop the credit risk and underwriting teams.
   • Foster a culture of accountability risk awareness and professional development.
   • Ensure continuous improvement of credit risk management practices across the bank.
6. Stakeholder Engagement
   • Advise the CEO CFO and Board on credit risk matters portfolio quality and regulatory compliance.
   • Collaborate with business units to balance growth objectives with prudent risk management.
   • Represent the bank in regulatory industry and professional forums on credit risk topics.

Qualifications:

• Bachelors degree in Finance Economics Business Administration or related field; MBA or CFA preferred.
• Minimum 1215 years of banking experience with at least 5 years in senior credit risk or underwriting roles.
• Strong knowledge of credit risk management lending products portfolio analysis and regulatory frameworks.
• Proven track record of maintaining asset quality and implementing risk management strategies.

Key Skills and Competencies:

• Excellent analytical decision-making and risk assessment abilities.
• Strong leadership and team management skills.
• High ethical standards and strong regulatory knowledge.
• Ability to balance business growth with disciplined risk management.

Performance Metrics:

• Asset quality and non-performing loan ratios.
• Credit portfolio growth and profitability.
• Compliance with credit policies and regulatory requirements.
• Effectiveness of risk mitigation and recovery strategies.