Head of Credit & Risk at County Finance Limited

Description

• We are looking to hire a seasoned and strategic leader to serve as the Head of Credit and Risk for our brand.
• The Head of Credit and Risk will oversee the finance company’s day-to-day operations, portfolio management, and compliance with regulatory requirements

Responsibilities

• Overall responsibility for the credit management function and overseeing the underwriting / credit control of all loan files.
• Assist in the development of a new lending platform and assist in establishing and updating all lending policies & guidelines.
• Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
• Prepare reports that include the degree of risk involved in extending credit or lending money.
• Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.
• Ensure complete loan applications, including credit analyses and summaries of loan requests, and submit to senior management for approval.
• Review individual or commercial customer files to identify and select delinquent accounts for collection.
• Responsible for the administration and direction of the credit department.
• Responsible for preparing and submitting all files to the County Finance Credit Committee.
• Monitor performance of the loan portfolio and report to the Managing Director on a periodic basis.
• Member of the County Finance Management Team Committee contributing to the day to day running /strategy of the company.
• Member of the Asset and Liability Committee
• Assist in the recruitment of other staff members to the team and to the overall development of the Credit department in line with business needs.
• Responsible for the credit policies and its compliance with the applicable regulations and laws, credit risk, product and program management
• Ensure that the portfolio is appropriately Risk Rated and adequately reserved

Requirements

• Bachelor's Degree in Finance, Banking, Accounting, Economics, Business Administration, or a related field
• Proven track record of at least 3 years in executive leadership roles within the microfinance, finance, or banking sector.
• Strong knowledge of finance regulations, banking operations, and financial management.
• Excellent leadership and decision-making abilities.
• Strong communication and interpersonal skills.
• Ability to think strategically and drive innovation.
• Sound understanding of risk management principles.
• Proficiency in using banking software (BankOne) and Microsoft Office suite.

Background:

• Microfinance or Finance Operations and Finance