Risk and Credit Manager at iRecharge Tech-Innovations

Key Responsibilities

• Develop and implement risk management policies and procedures.
• Conduct stress testing and scenario analysis to evaluate the impact of potential risks.
• Review credit limit requests to include: appropriateness of product type, overall level of credit extension, borrower’s ability to repay, loan package conforms to organizational standards, and affirmation of risk grade.
• Monitor various lending team portfolios or credit risk issues, including but not limited to: exception reporting, past dues, loan agreement compliance, trend analysis, and identification of emerging risks.
• Expected to ensure the efficient delivery of credit risk to promote an excellent customer experience both internally and externally.
• Review and analyze the delinquent portfolio to identify key causal factors, make recommendations and track them to ensure adequate and timely closure.
• Responsible for loan recovery, such as negotiating work out plans and strategies for delinquent customers and providing additional support with respect to exposures requiring collection agenciesor legal action.
• Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate.
• Prepare timely, comprehensive and reliable credit risk reports to senior management and board on a regular basis.
• Perform other duties as assigned.

Requirements / Qualifications

• Education: Bachelor’s degree in Finance, Economics, Business Administration, or a related field. A professional certification such as CIBN is preferred.
• Certification in Risk Management (e.g., FRM, PRM) is preferred.
• Experience: Minimum of 3-5 years of experience in risk management or credit analysis within the banking and technology industry.
• Strong analytical skills and proficiency in risk assessment tools and methodologies.
• Strong knowledge of risk management frameworks and credit risk analysis within the banking and technology industry
• Experience in stress testing and scenario analysis.
• Excellent attention to detail and ability to make sound judgments.
• Proficiency in Microsoft Office Suite and risk management software.
• Perfect understanding of current risk management methodologies
• Excellent understanding of the link between risk and return
• Excellent ability to balance risk management with the strategic objectives of the organization.
• Good ability to detect the pause of the organization risk wide and redefine risk management activities to regulate the business.