About the Job
The Credit & Risk Manager is responsible for developing, implementing, and overseeing the organization's risk management policies, procedures, and frameworks. Additionally, leading the assessment of the financial health and reliability of potential and existing customers/borrowers. This involves analyzing financials, credit bureau reports, payment histories, and industry trends to determine the likelihood of timely repayment. This role will work closely with senior leadership to identify, assess, and mitigate potential risks that could impact the organization's operations, financial performance, and reputation.
Key Responsibilities:
1. Conduct comprehensive risk assessments to identify and evaluate potential risks across the organization.
2. Analyze risk factors and their potential impact on business objectives.
3. Develop risk matrices and scoring systems to mitigate risks.
4. Develop and implement risk management policies, procedures, and frameworks that align with the organization's strategic goals and regulatory requirements.
5. Ensure that policies are clearly communicated and understood by all relevant stakeholders.
6. Make sure all credit applications are handled in a timely and professional manner.
7. Develop and implement risk mitigation strategies to address identified risks.
8. Create, review, and revise company's credit policies.
9. Monitor the effectiveness of risk mitigation measures and make adequate adjustments when needed.
10. Present different types of analysis on different products and programs and advise with tools to mitigate risk if needed.
Qualifications:
- Bachelor's degree in risk management, finance, business administration, or a related field.
- 7+ years of retail risk management experience.
- Excellent analytical and problem-solving skills.
- Excellent Microsoft Office skills (Word, Excel and Power point).
- Excellent command of Arabic and English.
- Excellent communication skills (written, verbal and listening).
- Good management skills and cooperation skills with other departments.
- Ability to work effectively in a fast-paced environment.
- Able to work under pressure.
Additional Requirements:
- Willingness to travel locally and occasionally to Egypt or other markets as needed.
- Strong network within the local business community in Market is a plus.
- Knowledge of the regulatory landscape for fintech or consumer lending in the Local Market is highly preferred.
