Credit Risk Management Job Description
Credit risk management
provides technical guidance and interpretation of risk regulation relating to Basel II & Basel III.
Credit Risk Management Duties & Responsibilities
To write an effective credit risk management job description, begin by listing detailed duties, responsibilities and expectations. We have included credit risk management job description templates that you can modify and use.
Sample responsibilities for this position include:
Own credit policy and provide recommendations to enhance relevant policies based on credit, industry, and regulatory changes
Support in execution of multiple simultaneous Treasury, Capital, and Credit Risk Management audits by assessing and documenting the design and operating effectiveness of controls related to risk management throughout the organization
Further develop and manage the current business monitoring capabilities and program for the portfolio
Research and analysis of institutional and sovereign risk, credit ratings issued by rating agencies, financial modeling and knowledge of the banking systems the economic and political development of the relevant markets
Assess the credit and financial strength of the firm's corporate borrowers and counterparts by performing fundamental credit
This role will manage a small project team to effectively deliver solutions for clients
Meanwhile, you will maintain the quality of deliverables that the team provided
Complete active industry research of regulatory and industry developments/practices as it relates to credit risk and enterprise risk management
Quickly develop a strong understanding of company business model, including products, services, controls and organizational units
Identify and calibrate the primary sources of credit risk, and assist the Audit Director in performing effective audit tests to assess the control environment
Credit Risk Management Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Credit Risk Management
List any licenses or certifications required by the position: FRM, CFA, PMO, SAS, OSHA, PRM
Education for Credit Risk Management
Typically a job would require a certain level of education.
Employers hiring for the credit risk management job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Economics, Business, Accounting, Statistics, Mathematics, Engineering, Computer Science, MBA, Education
Skills for Credit Risk Management
Desired skills for credit risk management include:
Excel
Word
WAVE and Adobe Forms
Financial markets
Moody’s Financial Analyst
T24
Risk mitigation practices and experience with Basel II/III initiatives would be considered advantageous
Hedge Fund and Asset Manager Industry
Microsoft® Office applications
CIBC’s lending policies
Desired experience for credit risk management includes:
Ability to work in a diligent, thorough and accurate manner
Ability to work in a team, to reach shared goals and deadlines
Expert comprehensive knowledge of credit lending policies for Personal Real Estate Lending
Contribute to Department service level by ensuring risk assessment of applications take place as quickly as possible based on complexity of credit and amount of due diligence required
The successful applicant must have previous adjudicating/underwriting experience, strong credit acumen and held credit limits in a previous role
Proven relationship management and strong customer service experience and skill
Credit Risk Management Examples
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Credit Risk Management Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of credit risk management. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit risk management
- Exposure reporting for the UK Legal Entities
- Review and distribution of UK Legal Entity reporting
- Enforcement of Credit Policies and control frameworks
- Develop and maintain financial models and assist in daily monitoring of borrower’s business and financial performance through monitoring of financial and industry information, regulatory changes, third party analysis including rating agency publications, and other early warning signals
- Regularly meet with clients, lead in person due diligence visits and maintain relationships
- Diary management, co-ordination of meetings & appointments as required for multiple directors
- Lead the CRM Risk ID and Scenario Team of 3-5 personnel
- Writing credit reviews and assessing the credit and financial strength of the firm’s trading counterparts for a particular industry portfolio (for instance, hedge funds, funds, pension funds)
- Making recommendations for assigning internal credit ratings and setting limits for the firm’s overall credit risk appetite
- Providing quantitative and qualitative credit risk analysis, including financial and risk modeling, the assessment and mitigation of specific transaction or industry risks, and the evaluation of covenant compliance, liquidity and other transactional considerations
Qualifications for credit risk management
- Statistical model development and ongoing monitoring of the models
- Perform adhoc analysis on the Bank portfolio to analyze the impact of changes in Basel and Central Bank UAE regulations
- Retail scorecard development, validation, implementation and monitoring for application and behavioural scores
- Reasonable understanding of Global Market products traded, including Interest Rate Derivatives / Credit Derivatives / Foreign Exchange/ Options / Fixed Income and Money Market
- Responsive/flexible working methods
- Experience in Credit, IS and/or TS Risk Management
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Credit Risk Management Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of credit risk management. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit risk management
- Support in the various regulatory risk reporting tasks/projects
- Gather, organize and assess data from different sources in order to identify data gaps and discrepancies
- Analyze deliverables necessary for CCAR CRM as a whole and work with relevant Credit Risk Officers
- Reconcile model output from the PD, LGD and Loss Estimation models in order to identify potential issues and provide recommendations for remediation to CRM senior management
- Coordinate and facilitate the documentation for the CRM CCAR initiative
- Present/Report data findings to senior management
- Facilitate workshops with the lines of business to assess credit risk and to coordinate reconciliation procedures
- Create reports to analyze the drivers of loss estimates
- Facilitate & lead discussions addressing critical topics throughout the stress testing process
- A key objective is to be an experienced change agent at examining CRM’s budget footprint, processes and procedures, workflows, and help drive the effort for continual improvement and optimization
Qualifications for credit risk management
- Adjudicate credit applications submitted by Private Banking through the CLASS and iCap credit platforms within a delegated lending authority
- Partner closely with Private Banking around their credit opportunities ensuring a complete understanding and line of sight to of all relevant information prior to making adjudication decisions
- Ensure effective communication is maintained throughout the credit adjudication process
- Provide effective advice and guidance from an adjudication perspective to help identify an acceptable level of credit risk on potential credit opportunities being considered by Private Banking
- Identify deteriorating credit relationships and partner with Special Loans / Client Account Management to develop an appropriate solution
- In partnership with the Senior Director, Credit Risk Management, recommend changes to existing credit policy and operational guidelines related to Private Banking credit
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Credit Risk Management Job Description
Job Description Example
Our growing company is hiring for a credit risk management. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for credit risk management
- Possess an understanding of trading documentation
- Be comfortable being self directed in a fluid environment
- Collaborate with parallel teams in Market Risk, Credit Analytics, Enterprise Risk Management, and front office on various horizontal projects, coordinate model production, and challenge results
- Monitor developments across specific industry sectors, identifying major risk factors and investigate any adverse developments that may affect portfolio
- Assist in maintaining a constructive partnership relationship with CB and wider lines of business in order to support them in achieving their strategic plans
- Work closely with Legal, Compliance, COO office and Business on credit related issues including credit documentation, implementation of new regulatory requirements, change of credit policy & guidelines
- Work with senior Credit Risk officers to incorporate and adhere to CRM reporting standards Federal reporting mandates (Basel/CCAR) requirements
- Contribute to the implementation of an enhanced E-Trading Credit Risk Management Framework, including leading core workstreams
- Independently drive the identification, analysis and management of credit risks from electronically traded products
- Assess credit risks associated with E-trading activity across counterparties and products, including intraday credit risk monitoring and new products / systems
Qualifications for credit risk management
- Languages – English fluent (additional language skills could be a benefit but are NOT a requirement - French, German, Spanish)
- Lead and assist in negotiating and finalizing documentation for loans and derivatives
- At least 3 years of experience in Data Management—Data Support (includes Business Analysis and Sql Experience)
- Ability to communicate concepts and present clearly to Senior Management and Executives
- Advanced knowledge in designing process and documentation for data requirement gathering
- Knowledgeable in the principles of project management, SQL and databases
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Credit Risk Management Job Description
Job Description Example
Our growing company is looking to fill the role of credit risk management. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit risk management
- Set credit risk limits per client, product and portfolios of clients/products in accordance with the Firm’s risk appetite
- Transaction analysis and credit approval including credit risk mitigation and documentation requirements
- Review intraday risk limit framework and utilization
- Perform stress testing and analysis of results
- Contribute to policies and procedures that clearly document CRM’s responsibilities in E-trading
- Represent CRM in committees on electronic trading
- Provide ad-hoc and regular reporting to CRM’s senior management
- Meet with clients to understand the clients’ situation, exposure, and collateral to establish an initial course of action for account resolution
- Work closely with credit officers and underwriting teams to calculate defensible, accurate, and consistent enterprise valuations
- Ensure consistency and defensibility of all enterprise valuations performed in the commercial portfolio
Qualifications for credit risk management
- Knowledgeable in credit risk management
- Experienced in attaining collaboration from different groups directed to change leadership
- At least 3 - 4 yrs of experience in back office operations
- Effective & good communication skills
- Proficient in both written and verbal communication skills in English and Japanese is a must, given this role would be supporting Japan amongst other markets
- Prior experience within Credit Risk, assessing credit worthiness, and providing risk assessment would be preferred
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Credit Risk Management Job Description
Job Description Example
Our growing company is looking for a credit risk management. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for credit risk management
- Provide Credit policy and systems advice to key stakeholders
- Participate in or initiating/driving ad-hoc clean-up credit line inconsistencies and assist Risk Operations in the setup of TS credit lines
- Support the Treasury Services Crisis Management Processes (Rapid Exposure Drills) and TS related ad-hoc queries / investigations
- Work with Technology, Projects and Controls stakeholders to deliver process / systematic changes to reduce control gaps and streamline workflow
- Coordination of incoming enquiries and point of contact for the dedicated BRM/ CRM team providing uniform communication to relevant stakeholder
- Preparing, coordinating and distributing reporting and other management information
- Deliver consistent data quality and ensure timely delivery of the reports
- Focus on processes of medium complexity processes and reporting requiring detailed interpretation & understanding of information provided to formulate reports and presentations
- Preparation and regular review of credit ratings, key figures and reporting for a defined portfolio
- Ensuring that all issues are centrally and effectively coordinated and actioned and that all recurring issues are centrally tracked
Qualifications for credit risk management
- Understanding of credit analysis and transaction approval for corporates beneficial
- University degree majoring in business/Finance/Accounting, with a solid work history including at least 5 years of business banking or credit experience
- Familiarity with capital markets products credit trading, FX, rates and experience with trade finance a plus
- Experience with legal documentation such as ISDA, CSA, GMRA is desired
- Expertise regarding technology application control disciplines and a solid understanding of Credit Risk Management concepts
- At least one year (preferably two) of financial industry experience, ideally in a control type of role