Manager - Credit & Environmental Social Risk Management at I&M Bank Ltd

JOB SUMMARY:

The incumbent will be responsible for the independent review and the continual monitoring of the risk management processes used by lines of business across the bank, within specialty lending units, Credit and Environment and Social Risk Management. Duties will include: risk assessments, critical evaluation of the quality of credit/social risk management, constructive challenge of weak or ineffective practices and sharing best practices in order to effect change. The role holder will assist in the development of methodologies/ models/ processes for measurement of Credit/Social Risk, Credit Portfolio Management Tools & Reporting across the Group. He/she will also assist in group-wide enhancement and review of all Credit Policies in order to ensure that these reflect the best practice and regulate the risk assets of the group as directed by the Board.

KEY RESPONSIBILITIES:

The role will report to the Chief Risk Officer and will be responsible for:

• Maintaining the loan portfolio rating in line with the bank’s Board approved risk appetite
• Advising the Credit Department on bank’s selection, underwriting, operations and concentration risks in line with the bank’s risk appetite.
• Driving high-level credit capacity building among lenders and management/board-level approvers
• Maintaining the bank-wide credit culture at maximum quality levels.
• Managing the bank’s Environmental and Social Risk Management aspect

Credit Policy Design & Update

• Liaising with Credit team to develop and maintain a comprehensive (Corporate & Business, Personal and Affluent) Credit Risk Policy and Procedures Manual
• Updating Credit Policy additions by the Credit Risk Management Committees of the Management and Board
• Performing Credit Risk Stress Testing and researching and offering recommendations to the bank.

Credit Policy Acculturation

• Bank-wide Acculturation on Credit Policy at all levels
• Identifying culture gaps for input into acculturation initiatives in liaison with Credit department.
• Utilization and maintenance of a Credit Policy Web Portal and such other initiatives to ensure ready access to the bank’s Credit Policy and other related information.

Bank-Wide-Credit Skills Development

• Constantly liaising with other business units and Credit Assessment Unit to identify Credit Risk knowledge gaps.
• Liaising with Credit team to institutionalise a credit school at Basic, Intermediate and advanced level.
• Liaising with credit team to design Induction-level, Intermediate level, Senior and Board-level Training Programs to ensure the optimisation of bank-wide Credit Skills across all loan-interfacing executives

Credit Research

• Evaluation and rating of the bank’s target industries towards recommending to the Credit Risk Management Committee of the management and board, their continued maintenance within its target market.
• Evaluation of new industries towards same objective.
• Providing Committee-approved Industries and ratings results to the Credit Assessment Unit for inclusion in their Non-Financial risk assessment and rating.
• Providing Committee-approved Industries to the Credit Policy Unit for inclusion in the Credit Policy
• Validation of Industry analysis which have already been effected by external ratings firm.
• Industry analysis which is to be reviewed at least bi-annually.
• Back-testing of previous years’ industry ratings against loan quality.
• Annual Validation of Industry ratings Model

Environment And Social Risk Management

• Understanding and analysing Environment &Social risks inherent in credit applications for a range of industry sectors in relation to transactions and the wider business and commercial context.
• Assessing legal, operational, credit and reputational risks associated with high and medium risk projects and advise senior managers accordingly.
• Delivering solutions to mitigate risks for the institution and their clients.
• Ensuring that relevant due-diligence with deal teams and clients is undertaken including selecting and managing technical consultants
• Ensuring that corrective action identified is prioritised and implemented
• Delivering training courses to increase awareness and best practice regarding ESMS issues.
• Take an active part in the institution's input into relevant working groups etc in relation to Equator Principles and associated initiatives
• Planning for the implementation of Environmental Social Risk Management System (ESMS)

QUALIFICATIONS AND COMPETENCIES

• Masters of Business Administration degree in Finance or a related field will be an added advantage; and
• Bachelor’s degree in Actuarial Science, Finance, Statistics or its equivalent from a recognised institution.
• CPA (K), ACCA, CIA, or Financial Risk certification; and
• Member of Institute of Certified Public Accountants (ICPAK).
• Training in Credit Risk Management from a reputable institution
• Training in Corporate and Retail (Personal/Business/Affluent) Credit Course from a reputable institution.
• Must have a minimum of 5 years’ experience as a Relationship Manager
• At least 5 year’s relevant experience in Banking and Financial Risk
• Able to perform credit risk modelling and strong credit risk monitoring.
• Ability to write complex letters, comprehensive reports and to perform complex calculations.
• Good planning and organisational skills;
• Excellent analytical Skills
• Excellent communication and presentation skills;
• Excellent Interpersonal, people management skills with attention to detail
• Good understanding of Banking internal policies and procedures as well as external regulations.
• Good Knowledge of Basel II and CBK Prudential Guidelines, Risk Management Guidelines and Risk- based-Supervision (RBS)