Credit Policy Formulator

2 days ago


Taguig, National Capital Region, Philippines Fintech News Full time

Job Description:

The Credit Policy Manager will play a crucial role in formulating, reviewing, and updating UNObank's credit policies to ensure alignment with business objectives and regulatory requirements. This position requires a deep understanding of credit risk management, regulatory compliance, and leadership skills.

Key Responsibilities:

  • Developing Credit Policies: Create, revise, and implement credit policies and procedures that govern the organization's credit risk management.
  • Risk Assessment: Develop risk assessment models and strategies to monitor and manage the credit risk of lending portfolios.
  • Approval Frameworks: Establish and oversee credit approval processes and ensure adherence to company policy and regulatory standards.
  • Portfolio Performance: Monitor credit portfolio performance, identify trends, and take proactive measures to minimize delinquencies and losses.
  • Cross-Functional Collaboration: Work with various teams such as Risk, Underwriting, Compliance, and Product Development to ensure cohesive credit policy implementation.
  • Regulatory Compliance: Ensure all credit policies comply with relevant legal and regulatory requirements, including local and international regulations.
  • Reporting and Analysis: Generate periodic reports and analyses on credit performance, risks, and policy outcomes, presenting findings to senior management.
  • Team Leadership: Lead and mentor a team of credit analysts and other professionals involved in credit risk management.
  • Process Enhancement: Continuously review and enhance credit policy processes to ensure they are efficient and in line with industry best practices.

Required Qualifications:

  • Bachelor's degree in Finance, Economics, Business Administration, or a related field; MBA or advanced degree preferred.
  • 7+ years of experience in credit risk management, preferably in financial services.
  • Proven experience in developing and implementing credit policies.
  • Strong understanding of regulatory requirements in the credit industry.
  • Excellent analytical and problem-solving skills with the ability to interpret complex data.
  • Leadership and team management experience.
  • Strong communication skills, both written and verbal, with the ability to present to senior stakeholders.

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