Credit Risk Senior Manager at HR World Limited

HR World Limited on behalf of our reputable client we are looking for a Credit Risk Senior Manager to identify, assess, and manage the associated risks with underlying transactions that pertain to debt with a view of safeguarding the Bank’s interests by minimizing potential losses. The candidate will be required to implement the Bank’s investment risk framework

Responsibilities:

• Evaluate credit and investment risks of loans, guarantees, and investment activities; identify, measure, and mitigate the risk of new transactions.
• Review proposed credit risk ratings based on the country, sector, market, and counterparty financial analysis provided in the project appraisal documents and recommend appropriate ratings;
• Continuously monitor and recommend changes in counterparties’ credit ratings.
• Identify, formulate, and review financial and credit risk management policies and ensure that appropriate systems, procedures, and guidelines are in line with best banking practices.
• Conduct best practice due diligence and supervision in close collaboration with the Investment Operations departments, ensuring that Bank’s risk appetite statement is implemented and a proper risk-reward balance is achieved in all transactions.
• Closely follow the Bank’s lending and investment activities at transaction origination, monitoring, and supervision levels, and advise on possible actions to mitigate the credit and investment risk resulting to the Bank

Qualifications;

• Bachelor’s degree in Business Administration/or higher in Risk management, Finance, or other related fields.
• Minimum 6-7 years of relevant professional experience in Credit Risk
• In-depth knowledge of credit and investment risk-related financial analysis, procedures, and systems in complex global financial services settings.
• Proven skills and working experience in credit risk assessment and supervision in major industrial sectors with particular emphasis on financial intermediaries
• Excellent oral and written communication skills in English.

Credit Risk Senior Manager at HR World Limited

Interested candidates may send their CV’s to recruitment@hrworld.co.tz before 10th May 2023