Reporting to the Chief Risk Officer, the consultant will work hand in hand with a dedicated core team, and Head of Credit to re-design and implement the Bank’s credit strategy, policies, process, templates, tools, and support with the end-to-end automation efforts of the same. He/she will work within the agreed governance structure and scope, for a contract duration of one year, with a possibility of extension thereafter.

Key Result Areas
• Re-design the Bank’s credit policy to support business growth and new strategic direction.
• Define the appropriate structure for lending operations, credit decisions, and reporting lines (end to end) to drive risk management, efficiency and accountability based on best practice.
• Streamline underwriting processes based on defined customer segments and their respective risk profiles.
• Define business/functional requirements for proactive credit management and support in the sourcing or implementation of early warning system, behavioral scoring models and other components to achieve end-to-end credit management automation.
• Re-design the Bank’s Credit risk Grading Framework – based on the respective customer segments & respective risk profiles, and align them to the appropriate, standardized, and transparent credit pricing mechanisms.
• Re-design all forms, templates, and tools, to capture the right or present complete and accurate information about a borrower at the different stages of the lifecycle.
• Design risk and rewards/incentive framework to promote the right risk culture.
• Deliverables:
• Credit Policy aligned to Bank’s new strategic direction and business growth aspirations.
• Proposed Credit Structure to support business growth and proactive risk management.
• Underwriting Processes for defined customer segments as per their respective risk profiles.
• Business and Functional Requirements for end-to-end Credit Management Automation.
• Credit Risk Grading Tools and related Pricing.
• Revamped Credit Forms, Templates, and Tools for every stage within the lifecycle.
• Risk/Reward or Incentive Framework to be implemented.

Knowledge, Skills, and Experience Required:
• Should have served in a Credit or Credit Risk Management capacity in a commercial bank or at a group level that handled both corporate, business banking and retail banking segments for at least 10 years.
• Should have additional consultancy experience for at least 3 projects in the last two years as Lead in a major assignment with financial institutions that are undergoing transformation in their credit operations or diversifying their portfolios.
• Project Management experience is a must.
• Should be a certified credit professional or credit risk management professional with demonstrated experience in credit analysis, pricing, credit approval, collections & recoveries, credit MIS, and related models.
• University degree holder in Economics, Statistics, Accountancy, Business Administration, Finance, or related discipline.
• Master’s degree in relevant field is an added advantage.
• Knowledge of data analysis, data modelling and validation tools.
• Proficient PC skills with experience in Microsoft Office and Outlook, PowerPoint, and others.
• Excellent oral, written and interpersonal skills; strong ability to work with all levels of management within the company.
• Familiarity with the financial regulatory system, business, economic and legal framework related to lending business in country.
• Strong understanding of quantitative credit risk modeling (e.g., PDs, LGDs, EADs, vintage analysis, migration matrices) and good understanding of portfolio credit metrics such as limits, expected and unexpected loss, capital allocation.