
Key Player in Retail Credit Strategy
8 hours ago
The Role:
Reporting to the Group Head of Retail Banking, the successful candidate will play a pivotal role in supporting the business units to grow retail credit portfolios. Key responsibilities include:
• Assisting in developing Management Information Systems (MIS) for monitoring the performance of retail credit portfolios.
• Overseeing and reporting on retail portfolio performance through trend analysis and Early Warning Indicators (EWI).
• Supporting retail credit portfolio management functions in the units.
• Performing quantitative credit analysis on the bank's various retail asset portfolios.
• Assisting in rolling out and implementing Operational Risk Management (ORM) requirements in retail units.
• Implementing technology and automation solutions to enhance credit processing and reporting.
Responsibilities:
Assist in generating necessary MIS for portfolio tracking and monitoring.
Prepare loss forecasts and ongoing monitoring of loss projections.
Maintain effective communication with retail credit and business units.
Analyze portfolio delinquency and loss trends, and compare to established benchmarks.
Identify opportunities by locating low-risk segments.
Review and provide feedback on credit criteria based on MI reviewed.
Review test & learn program performance and provide recommendations.
Ensure adherence to the Central Bank of Bahrain regulations, Group Policies, and local country regulations.
Work with local retail risk to review credit underwriting unit's decisions by conducting regular sample checks on approved, rejected, and deviation cases to ensure their compliance with the established policies.
Requirements:
8 years in banking, with at least 4 years in a retail portfolio management role involving developing credit MIS reports.
Graduate degree/MBA, preferably in Finance and/or Economics.
Credit analysis skills.
Sound knowledge of banking processes.
Excellent PC skills, with advanced Excel spreadsheet knowledge and good skills in other MS applications including email messaging.
Effective analytical skills.
Excellent numerical and analytical skills are required to understand the underlying credit risks at both customer and portfolio levels.
Familiarity with consumer banking credit management, credit tools, and techniques is essential, as is a sound knowledge of collection processes and systems.
A working knowledge of credit scoring and management of scorecards to ensure continued validity and acceptable performance would be an advantage.
Knowledge in all credit functions of credit operations, credit cards, personal loans, installment loans, and other retail loans including collection practices and channels.
Effective communication skills (written and verbal); proficiency in Arabic & French languages would be an advantage.
Self-motivated with a high level of numerical accuracy.
Ability to manage numerous deliverables within strict time and resource constraints and an eye for detail.
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