Job Description Development Finance Firm seek a Credit Risk Executive as part of a growing risk team to overseeing the establishment of credit and country risk management framework,
Team and role overview
Credit risk function is a newly formed team and responsible for overseeing the establishment of credit and country risk management framework,incluuding:
??? Designing, implementing and ensuring the effective functioning of credit and country risk management framework.
??? Developing the methodologies to assess and frameworks to manage credit and country risk (ratings, exposures, limits).
??? Providing support to risk owners (investment teams and CIO office) with the identification and understanding of Credit risk, enabling them to make informed decisions about how to mitigate risks and be consistent with standards established by Credit Risk.
??? Providing risk reporting to executive committees, the Board and Shareholder, enabling these bodies to understand Credit Risk and how it is being managed.
Credit Risk Management
??? Design and oversight of the rating and risk measurement process, including counterparty credit risk and country risk
??? Cross departmental implementation of the new credit risk policy
??? Project management: develop and maintain robust and achievable project plans to manage and track implementation of the Credit Risk framework. Report on status of implementation, issues and progress
??? Pre-investment and new product credit analysis providing risk assessment and ensure risks will be captured adequately
??? Oversee the ongoing credit review process and identify trends and concentrations in risk exposures
??? Work with IT team to develop, implement and maintain systems to support credit risk management processes
??? Actively and constructively, engage with Investment teams and other relevant staff to ensure adequacy of front-line monitoring
??? Be an agent of credit culture dissemination, including provide training to stakeholders
??? Design and develop exception-based risk reports, including risk exposures, risk appetite and risk mitigation actions
??? Produce periodic risk management presentations for s governance committees and Board Risk Committee
Policies and Procedures
??? Expand relevant sections of risk manual and risk policy in line with the evolving risk framework.
Firm can support flexible working around working time and / or reduced hours
Must have suitable credit risk management or credit risk analytics experience gained from an investment institution (DFI, investment banking, private equity) or rating agency ideally with emerging markets or country risk experience.
Familiarity with a range of credit risk management techniques including rating methodologies, exposure measurement and monitoring.
Product knowledge including debt and familiarity with structural credit enhancement techniques, direct and fund investing.
Familiarity with default & recovery processes.
Able to work autonomously, with a demonstratable ability to gather, evaluate, distil, and present information
Passionate about Emerging Markets
Ability to communicate clearly and concisely, both orally and in writing.
Organisational skills and ability to plan and manage multiple tasks concurrently
Ability to manage a project to deliver solutions/capabilities that meet business requirements
Attention to detail when preparing reports and analysing data
Ability to work across all levels within the organisation and provide constructive challenge to risk owners
Ability to establish and retain effective working relationships with stakeholders
An understanding of and belief in the development finance sector
??? Candidates should be strongly motivated by the firms development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity
Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.
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