SVP & Head of Credit - Private Banking

Work within a senior management structure to formulate, revise and implement policies, procedure and practices for the Private Banking Credit area that are consistent with the overall strategy and objectives of the bank.

Ensure that credit approvals adhere to policy guidelines, monitoring and review is adequate to maintain the portfolio quality and profitability and the overall credit risk within the Bank is at desired levels.

Key Accountabilities :

Private Banking Credit Strategy

• Key role in formulation and implementation of the strategy in line with FAB s and the Private Banking objectives.
• Streamline Credit Risk function objectives and departmental organizational structure in line with overall objectives of the Group.
• Manage, develop and direct the credit risk function including for all loan types credit analysis, assessment & approval, review, monitoring & control and recovery.
• Provide oversight of an effective credit approval process within the Bank that supports the risk tolerance of the Bank while also facilitating desired asset growth objectives.
• Take credit decisions independently as Head of Credit up to the amount of his delegated financial & non-financial authority and serve as a responsible member of Credit Execution Committee. Ensure availability of timely and required information to Credit Committee members (and other credit approvers) for credit decision making.
• Serve as Chairman / senior member of Credit Execution Committee L2 overseeing its activities & ensuring Committee acts and takes credit decisions within its mandated guidelines in an effective manner.
• Develop and maintain mechanisms / Risk rating models / TOAs, etc) that allow for accurate identification of risk profiles / ratings in all asset categories.
• Enforce an effective monitoring system to ensure high quality of asset portfolio, assist in early identification of problem credits and help identify problem borrowers for early intervention (initiation of recovery actions) by the Bank.
• Treat people with respect. Keep commitments. Inspire the trust of others. Work with integrity and ethically and uphold organizational values.
• Support Group Chief Credit Officer in defining an optimum departmental structure assuring that appropriate resources are allocated to Credit management function to effectively meet objectives of the department and are optimally utilised.
• Identify opportunities for continuous improvement of systems, processes, and practices while taking into account international leading practices, improvement of business processes, cost reduction, and productivity improvement.
• Implement and adhere to the Credit area s annual budget / targets.
• Review portfolio reports and recommend measures as necessary to ensure the Bank has adequately reserved for the risk inherent in the Bank s portfolio.
• Responsible for accurately reporting on the asset quality of the loan portfolio including delinquencies, nonaccruals, loan concentrations and profitability analyses.

FRAMEWORKS, BOUNDARIES, & DECISION MAKING AUTHORITY :

COMMUNICATIONS & WORKING RELATIONSHIPS :

Internal :

External :

Key performance indicators (kpi s) :

Desired Candidate Profile

Qualifications

Minimum Qualifications :

Knowledge, Skills, and Attributes :

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