مسؤول / مسؤول أول سياسات الإقراض الرقمي

Job description

Description

Job Purpose:

Responsible for the formulation, implementation, and management of digital lending & financial inclusion credit policies and strategies Also, responsible for the development of comprehensive risk policies and dynamic strategies tailored to the targeted segment, while ensuring alignment with the bank’s risk appetite, regulatory standards, and Bank’s strategic objectives.

Job Description:

1.Assist in developing, reviewing, and updating credit policies for digital banking and financial inclusion segments, aligning with industry best practices and emerging trends, to drive the Bank’s strategic goals and achieve the desired market share.

2.Adopt innovative lending practices and continuously enhancing the end-to-end customer’s journey.

3.Ensure maintaining the approved risk tolerances, benchmarks and appetite, ensuring alignment with the bank’s strategic objectives and growth plans.

4.Regularly conduct portfolio reviews in tandem with the respective portfolio monitoring team to highlight the key trends and any adverse performance issues during the periodical reviews.

5.Regularly review credit policies to ensure effectiveness in managing risk, identifying areas for improvement to leverage market opportunities and increase profitability.

6.Design and implement data-driven strategies that minimize credit losses while ensuring compliance with regulatory and ethical standards

7.Ensure all credit risk policies comply with the respective regulatory requirements and maintain governance over the credit risk policies, ensuring they are well-documented, communicated, and followed across the bank.

8.Establish key performance indicators (KPIs) to measure the effectiveness of credit risk policies and strategies, such as delinquency rates, NPL ratios, and recovery rates.

9.Develop regular profitability analyses of the digital lending products, providing recommended actions and areas of risks and potential growth to enhance product margins, financial performance, and product profitability indicators while ensuring maintaining the adequate risk controls.

10.Work closely with the Collections team to promptly communicate any arising trends well in advance and ensure prompt actions are taken to preserve the portfolio health and quality.

11.Capitalize on the portfolio monitoring analysis to identify emerging trends, risks, and opportunities for enhancing policies and strategies.

12.Develop and implement strategies to mitigate credit risk across the portfolio, including tightening credit standards, revising risk thresholds, or adjusting product offerings based on portfolio performance.

13.Utilize the innovative technologies such as AI, machine learning, and big data analytics to enhance both credit risk policy frameworks and collections strategies.

14.Work closely with the product officers to maximize the product profitability, deliver the aspired customer level revenues, and introduce bundling, cross selling products, leveraging advanced scoring models.

Policies, Processes and Procedures

15.Follow all relevant department policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.

Day-to-day management

16.Follow the day-to-day operations related to own jobs in the Digital Lending Risk & Strategic Analytics department to ensure continuity of work.

Compliance

17.Comply with all relevant CBE regulations, banking laws, AML regulations and internal CIB policies and code of conduct in order to maintain CIB’s sound legal position and mitigate any potential risks.

QUALIFICATIONS, EXPERIENCE, & SKILLS

Qualifications & Experience

·Bachelor’s degree in Commerce, Business Administration, Economics or equivalent.

·For the Officer: 2-3 years of relevant experience, for the Senior Officer: 3-4 years of relevant experience.

Skills

·Analytical and influencing skills

·Risk Management expertise

·Data Driven decision making expertise