Senior Credit Risk Manager (Secured Lending)
The Senior Credit Risk Manager oversees credit selection and assessment across conventional, digital, and other loan portfolios. This strategic role involves developing credit risk frameworks, contributing to the Bank’s overall growth strategies in terms of risk and reward analyses, and providing actionable risk management insights for new business partnerships and product launches. Success in this position ensures portfolio quality and sustainable growth through sound financial analysis, risk assessment, and regulatory compliance.
Key Responsibilities
Credit Underwriting
Key Activities:
- Define and implement Risk Acceptance Criteria (RAC) and/or credit underwriting limit/criteria for all loan products—conventional, digital, and channelling.
- Conduct credit assessments to cover at least the 5C principles (Character, Capacity, Capital, Collateral, Conditions).
- Collaborate with product and analytics teams to refine credit scoring models for digital lending.
- Regularly evaluate restructuring applications to mitigate potential risks.
Deliverables:
- Documented RAC policies that align with the bank’s risk appetite and business goals.
- Comprehensive creditworthiness reports, including customer credit ratings and financial health assessments.
- Updated and optimised credit scoring models, validated for accuracy and efficacy.
- Recommendations on restructuring proposals with quantified risk impacts.
Risk Assessment to Support Growth Strategies
Key Activities:
- Evaluate and assess the risk-reward profile of loan partnerships, including syndication and execution of credit facilities in a form of risk management opinions.
- Collaborate with business development and credit teams to align loan partnerships with the bank’s risk limits and overall appetite.
- Provide strategic guidance on pricing, structuring, and terms of loan deals to optimise risk-adjusted returns as well as working with Credit Risk Analysts to set up loss rates monitoring and early warning systems.
Deliverables:
- Comprehensive risk assessment reports for loan partnerships, detailing risk exposure, expected returns, and alignment with the bank’s strategic goals.
- Recommendations for structuring syndicated loans or other partnership-based credit facilities to maximise portfolio quality.
- Regular presentations to the Risk Management Committees on Key Risk Indicators (KRIs) relating to credit risk and portfolio exposures.
Credit Risk Modelling
Key Activities:
- Develop and refine models such as PD (Probability of Default), LGD (Loss Given Default), and EAD (Exposure at Default) for precision risk assessments.
- Leverage data analytics to predict and mitigate risk exposures.
Deliverables:
- Fully validated credit risk models tailored to digital and channelling loans.
- Periodic model performance reviews and recalibrations, with clear documentation.
Regulatory Compliance and Engagement
Key Activities:
- Engage regularly with regulatory bodies, particularly OJK, to maintain compliance with standards.
- Stay updated on regulatory changes and their implications for credit risk management.
- Prepare for regulatory audits and inspections with comprehensive documentation.
Deliverables:
- Annual regulatory compliance audits or other surprise audits aligned with OJK and BI expectations.
- Updates to the Bank’s credit risk management policies reflecting new regulations.
- Positive outcomes from regulatory reviews, showcasing adherence to compliance standards.
Qualifications and Skills
Education and Certifications:
- Bachelor’s degree in Finance, Economics, Accounting, or a related field.
- Master’s degree or certifications (e.g., CRM, CFA) are preferred.
Experience:
- 5-8 years in credit risk management, with expertise in conventional and digital loans.
Skills:
- Advanced proficiency in financial analysis and data interpretation (using appropriate data querying methods i.e. SQL, phyton).
- Strong analytical, critical thinking, and problem-solving skills.
- Effective communication for diverse stakeholders, both technical and non-technical.
The Senior Credit Risk Manager oversees credit selection and assessment across conventional, digital, and other loan portfolios. This strategic role involves developing credit risk frameworks, contributing to the Bank’s overall growth strategies in terms of risk and reward analyses, and providing actionable risk management insights for new business partnerships and product launches. Success in this position ensures portfolio quality and sustainable growth through sound financial analysis, risk assessment, and regulatory compliance.
Key Responsibilities
Credit Underwriting
Key Activities:
- Define and implement Risk Acceptance Criteria (RAC) and/or credit underwriting limit/criteria for all loan products—conventional, digital, and channelling.
- Conduct credit assessments to cover at least the 5C principles (Character, Capacity, Capital, Collateral, Conditions).
- Collaborate with product and analytics teams to refine credit scoring models for digital lending.
- Regularly evaluate restructuring applications to mitigate potential risks.
Deliverables:
- Documented RAC policies that align with the bank’s risk appetite and business goals.
- Comprehensive creditworthiness reports, including customer credit ratings and financial health assessments.
- Updated and optimised credit scoring models, validated for accuracy and efficacy.
- Recommendations on restructuring proposals with quantified risk impacts.
Risk Assessment to Support Growth Strategies
Key Activities:
- Evaluate and assess the risk-reward profile of loan partnerships, including syndication and execution of credit facilities in a form of risk management opinions.
- Collaborate with business development and credit teams to align loan partnerships with the bank’s risk limits and overall appetite.
- Provide strategic guidance on pricing, structuring, and terms of loan deals to optimise risk-adjusted returns as well as working with Credit Risk Analysts to set up loss rates monitoring and early warning systems.
Deliverables:
- Comprehensive risk assessment reports for loan partnerships, detailing risk exposure, expected returns, and alignment with the bank’s strategic goals.
- Recommendations for structuring syndicated loans or other partnership-based credit facilities to maximise portfolio quality.
- Regular presentations to the Risk Management Committees on Key Risk Indicators (KRIs) relating to credit risk and portfolio exposures.
Credit Risk Modelling
Key Activities:
- Develop and refine models such as PD (Probability of Default), LGD (Loss Given Default), and EAD (Exposure at Default) for precision risk assessments.
- Leverage data analytics to predict and mitigate risk exposures.
Deliverables:
- Fully validated credit risk models tailored to digital and channelling loans.
- Periodic model performance reviews and recalibrations, with clear documentation.
Regulatory Compliance and Engagement
Key Activities:
- Engage regularly with regulatory bodies, particularly OJK, to maintain compliance with standards.
- Stay updated on regulatory changes and their implications for credit risk management.
- Prepare for regulatory audits and inspections with comprehensive documentation.
Deliverables:
- Annual regulatory compliance audits or other surprise audits aligned with OJK and BI expectations.
- Updates to the Bank’s credit risk management policies reflecting new regulations.
- Positive outcomes from regulatory reviews, showcasing adherence to compliance standards.
Qualifications and Skills
Education and Certifications:
- Bachelor’s degree in Finance, Economics, Accounting, or a related field.
- Master’s degree or certifications (e.g., CRM, CFA) are preferred.
Experience:
- 5-8 years in credit risk management, with expertise in conventional and digital loans.
Skills:
- Advanced proficiency in financial analysis and data interpretation (using appropriate data querying methods i.e. SQL, phyton).
- Strong analytical, critical thinking, and problem-solving skills.
- Effective communication for diverse stakeholders, both technical and non-technical.