Credit Risk Manager

SUMMARY

Credit Risk Manager leads the Credit Risk Department (CRD), which plays a pivotal role in safeguarding the financial health of the subsidiary by proactively managing credit risk. This position fosters a culture of responsible lending while ensuring compliance with regulations and FINCA's mission.

ESSENTIAL DUTIES include the following. Other duties may be assigned.

• Oversee the entire credit risk management framework, including centralized underwriting, credit scoring, portfolio monitoring.
• Offer support in defining and updating the subsidiary's credit risk appetite and credit risk strategy.
• Offer support in defining and updating credit risk policies, procedures, manuals, etc.
• Conduct comprehensive risk assessments of potential clients and approve credit exposure.
• Continuously monitor the loan portfolio quality and performance.
• Develop and implement credit risk stress tests (when applicable).
• Maintain compliance with regulatory requirements and industry standards.
• Collaborate with other departments to integrate credit risk management into strategic decisions.
• In strong co-operation with subsidiary’s HR department, assure the quality of responsible CRD staff.

SUPERVISORY RESPONSIBILITY :      

• Lead and manage the Centralized Credit Underwriting Unit and other staff within the Credit Risk Department, ensuring alignment with the subsidiary’s overall credit risk management framework and objectives.
• Leads and coordinates work of subordinated staff including but not limited to: recruitment, performance management, training and staff development;
• Delegates tasks accordingly and coordinates tasks deliverables in time.

KNOWLEDGE AND SKILLS :

•    Extensive experience in credit or credit risk management.

•    Excellent leadership, communication, and interpersonal skills.

•    In-depth understanding of relevant regulations and industry best practices.

•    In-depth understanding of the subsidiary credit policies and procedures.

•    Proficiency in financial modeling and credit risk assessment techniques.

•    Database management in MC office and Power BI.

•    Strong analytical and problem-solving skills.

•    Excellent communication and interpersonal skills.

•    Attention to detail and ability to manage multiple tasks efficiently.

QUALIFICATIONS :

•    Proficiency in financial modeling and credit risk assessment techniques.

•    Minimum of 3 years of experience in management position in credit or credit risk management, preferably within Finca or in the microfinance/ banking industry.

Education : 

Bachelor’s degree in finance, accounting, economics or a related field.

Language Skills :

• Proficiency in English & Azerbaijani language.

TRAVEL REQUIREMENTS :

• Availability to travel up to 10% of the time may be needed.