Credit Risk Lead

The Credit Risk Lead is tasked with managing the credit assessment and approval process. This role involves leading team on evaluating the creditworthiness of clients, ensuring compliance with regulatory requirements, and coordinating with various departments to streamline credit operations. The ideal candidate will have a strong understanding of credit management and excellent analytical capabilities.

1. Assess and evaluate applications from sales and/or business development teams based on governed rules and policy. 
2. Perform credit risk analytics, including:
   1. Read and analyze financial reports: balance sheet and income statement to do the financial analysis. 
   2. Conduct credit verification, i.e., trade checking for buyers/suppliers/payors, interview business owners/applicants, and conduct site visits as per policy or when deemed necessary.
   3. Conduct period assessment and evaluation of existing borrowers, especially the SME segment: the big-ticket loan size.   
   4. Read and analize financial reports: balance sheet and income statement to do the financial analysis. 
   5. Conduct credit verification i.e trade checking to buyer/supplier/payor, interview the borrower, and site visit when deemed necessary.
   6. Prepare credit memo and recommendation based on the assessment: the strengths and weaknesses, including analysis of financial report/data, and evaluating the security of credit repayments.
3. Working together with the Collection team to drive the monitoring activity and getting feedback from the collection related to the payment behavior.
4. Manage all the credit approval processes and ensure compliance with policies
5. Monitor and report on credit operations performance and Credit Risk Team
6. Collaborate with another department to streamline credit processes
7. Maintain accurate records of all credit transactions.
8. Lead on addressing/escalating or resolving any issues related to credit operations
9. Develop and implement strategies to mitigate credit risk and lending products with the business development team

Job Requirements:

1. Bachelor's Degree from a reputable university
2. Has a minimum 4 years experience as a Relationship Manager/Credit Reviewer/Credit Manager in the banking and fintech industry
3. Knowing credit cycles and risk management role responsibility. Understand where risk should be in the business model
4. Proven experience in credit management or a similar role.
5. Strong understanding of financial regulations and compliance.
6. Excellent analytical and problem-solving skills.
7. Detail-oriented with strong organizational abilities.
8. Effective communication and interpersonal skills.
9. Good communication skills

Key Result Area:

1. Digitize the Lending Process
2. First Payment Default (FPD) by OS rating
3. Vintage Mob DPD 14+ rating
4. Secure Non-Performing Loan (NPL) rating
5. Number of Existing Borrower visits
6. Service Level Rate on Credit Review
7. Credit quality ratings
8. Team Management