Head of Credit

Responsibilities

• Credit Analysis and Assessment Provide independent assessment on the Credit Analysis and Assessment by identifying material issues such as cashflow which could cause deterioration in customer credit profile and ensuring appropriate mitigants measurements as well as compliance to the relevant policies and procedures to enable decision makers to formulate well-informed decisions for new and existing loan portfolios. Ensure full compliance of the credit analysis and assessment such as BNM Credit Risk Policy Document (including Restructuring & Rescheduling), BNM CCPT Requirements, Single Counterparty Exposure Limits Policy Document, Connected Parties, MFRS 9 staging requirements, Basel requirements and etc. Ensure the credit applications are approved by the appropriate approving authority. Ensure proper management of Credit Committee (CC) Meeting and Board approval papers submission and review the minutes of CC Meeting prepared by the team. Review all credit applications raised by Front Office as well as to challenge the credit applications for proactiveness identification and management of identified risk. Provide regular update on certain loans approval categories to Management and Board of Directors for monitoring and early measures being taken on identified potential issues (e.g., Quarterly Update on Project Finance / Development Loans Approved by the BOD). Ensure the timeline of submission of the credit analysis and assessment. Provide guidance and training to the credit analysis and assessment team and frontline periodically as well as to share lessons learned.
• Department Management Ensure appropriate action plans and contingency plans are in place to manage irregular matters (such as breaches and errors) and crisis situations respectively in CRD; including timely reporting to management and RHO. Monitor the efficiency of credit supporting mechanism such as providing support to Credit Administration, Legal Department, Compliance and etc Provide support and advisory that include periodic discussion with Front Office and to raise awareness and ensure alignment between risk and business objectives. Maintain a good and co-operative relationship in dealing with regulator or internal / external auditors Manage and improve staff performance to ensure the Department’s KPI is met at all times. Take necessary actions to ensure the staffs has the appropriate skills set and ensure staff can act as back up for each and other in terms of leave and emergency. Assume responsibility of other relevant tasks as assigned from time to time.

Job Requirements