Senior Credit and Risk Officer

5 days ago


Lahore, Punjab, Pakistan Info Resume Edge Full time

Job Overview

The Info Resume Edge seeks a highly experienced Senior Credit and Risk Officer to head its Risk Management and Credit Administration Division. This key role will involve overseeing the identification, assessment, and mitigation of various risks across the bank's operations.

Main Responsibilities:

  1. Developing Risk Management Frameworks: Create comprehensive risk management frameworks aligned with banking sector standards to ensure strategic objectives are achieved.
  2. Risk Appetite Definition: Define risk appetite and tolerance levels in consultation with senior management, incorporating parameters into operations and decision-making processes.
  3. Credit Risk Oversight: Manage credit risks through lending practices, portfolio management, and credit approval processes, ensuring alignment with risk appetite.
  4. Loan Portfolio Performance: Continuously monitor loan portfolio performance, ensuring credit exposures remain within established limits.
  5. Credit Risk Mitigation Strategies: Develop strategies to mitigate credit risks, such as diversification, credit scoring models, and stress testing scenarios.
  6. Market and Liquidity Risk Management: Oversee market risks related to interest rates and financial variables, ensuring sufficient liquidity to meet obligations and regulatory requirements.
  7. Operational Risk Management: Identify and mitigate operational risks through internal processes, systems, people, and external events, including fraud and business disruptions.
  8. Business Continuity and Disaster Recovery: Oversee business continuity and disaster recovery plans to minimize operational disruptions.
  9. Compliance with Regulations: Ensure risk management practices comply with applicable banking regulations, guidelines, and industry standards.
  10. Enterprise Risk Management: Implement and manage an ERM framework integrating all risk types across the bank.
  11. Emerging Risk Identification: Facilitate emerging risk identification and assessment, taking proactive measures to mitigate potential impacts.
  12. Strategic Planning: Collaborate with senior management to integrate risk management into strategic planning and capital allocation processes.
  13. Risk Reporting: Prepare and present comprehensive risk reports to senior management and relevant committees.
  14. Communication and Advisory: Ensure effective communication of risk-related issues across the organization, fostering collaboration and transparency.

Requirements:

  • Master's degree in Finance, Risk Management, or Business Administration.
  • Minimum 15 years of experience in credit and risk management within the financial industry.
  • Strong leadership skills with influence and collaboration abilities.
  • Excellent analytical and problem-solving skills.

Industry: Banking/Financial Services

Functional Area: Accounts, Finance & Financial Services

Total Positions: 1 Post

Job Shift: First Shift (Day)

Location: Lahore, Pakistan

Gender: No Preference

Education: Masters

Career Level: Department Head

Experience: 15 Years

Salary: Rs700,000.00 - Rs900,000.00 per month


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