Senior Officer Credit Risk

This position offers a great opportunity for career growth. Job Purpose: The Senior Officer, under guidance of the Head Financial Risk is responsible for monitoring and assessing management of credit risk across the Bank’s portfolio to ensure sustainable growth, regulatory compliance, and alignment with the Bank’s transformation agenda. The role involves strengthening credit risk management frameworks, providing independent oversight on lending decisions, and ensuring that new digital products, fintech partnerships, and innovative lending models are effectively risk-assessed. Key Responsibilities: Credit Risk Governance & Framework

• To work with risk and credit departments in developing, updating and implementation of robust credit risk policies, procedures, and frameworks in line with regulatory requirements and best practices.

• In conjunction with risk and credit departments, develop and update the Bank’s risk appetite framework, with a focus on credit exposures across all segments (Retail, MSME, Corporate, Digital/Fintech).

• Support automation and digital transformation of credit processes, including scoring models.

Oversight on the Credit Appraisal & Approval processes

• Independently review and challenge credit proposals, ensuring compliance with policy, regulatory guidelines, and risk appetite.

• Provide expert opinion on complex credit applications and large exposures before escalation to senior committees.

• Support the credit approval process for innovative products such as digital lending, buy-now-paylater, and unsecured SME products.

Portfolio Monitoring and Risk Analytics

• Monitor credit portfolio performance, concentration, and trends across business lines and branches.

• Prepare regular portfolio risk dashboards, reports, and insights for Senior Management and the Board.

Development & Maintenance of Risk Registers and credit risk limits

• Work with credit department to proactively set and review Credit risk limits

• Continuous update of the Risk register on Credit Risk

• Assist Management in defining and proposing revisions of risk appetites for Credit Risk

• Ensure monthly collation of data on the KRIs for credit Risk.

• Recommend improvement in credit appetite, process, procedures and policy as a result of risks identified from the monthly monitoring of KRIs

Impairment, Provisioning & Capital Management

• Oversee IFRS 9 credit impairment models, provisioning adequacy, and risk-adjusted capital allocation.

• Collaborate with Finance and Credit departments to ensure accuracy and timeliness of reporting on provisions as per IFRS 9 and CBK Prudential Guidelines 

• Provide inputs into Internal Capital Adequacy Assessment Process (ICAAP) ...