Head of Credit Risk Governance
Head of Credit Risk Governance
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Job Description
As the Head of Credit Risk Governance you will be responsible for developing and overseeing the credit risk governance framework to ensure effective management of credit risk across all TF Banks products. This role involves creating and maintaining policies procedures and controls to mitigate credit risk while ensuring compliance with regulatory requirements and industry best practices. The ideal candidate will have extensive experience in consumer finance and a deep understanding of credit risk management.
Location: This position is available in Mlagaand London. Please specify which location you would like to apply for.
Key Responsibilities:
- Develop and maintain a comprehensive credit risk governance framework tailored to consumer finance products including credit cards buy now pay later (BNPL) and cash loans.
- Ensure alignment with regulatory requirements and industry standards.
- Staying updated on the latest credit risk trends best practices and regulatory developments and ensuring the organizations compliance with the applicable standards and requirements.
- Ensure effective implementation and adherence to credit risk policies and procedures.
- Conduct regular reviews and updates of credit risk policies to reflect changes in the regulatory environment and business strategy.
- Prepare and present detailed reports on governance activities to senior management.
- Collaborate with other departments including Risk Control and Compliance to ensure a cohesive approach to credit risk management.
- Engage with external stakeholders such as regulators and auditors on credit risk governance matters.
Qualifications and Experience:
- Minimum bachelors degree in Finance Economics Business Administration or a related field. A Masters degree or professional certification (e.g. CFA FRM) is preferred.
- Minimum of 5 years of experience in credit risk management.
- Strong knowledge of credit risk principles regulatory requirements and industry best practices specific to consumer finance.
- Knowledge & experience in responsible lending requirements EBA Guidelines on Loan Origination and Monitoring and CCD/CCD2 is expected.
- Experience with data governance will be a plus.
- Excellent analytical problemsolving and decisionmaking skills.
- Strong communication and interpersonal skills with the ability to interact effectively with senior management and external stakeholders.
- Fluent English language skills is required for the role.
Desirable skills and behaviors:
- Possess indepth knowledge and understanding of relevant regulations.
- Showcase a comprehensive understanding of financial principles and practices.
- Display strong communication skills to articulate complex concepts clearly.
- Ensure compliance by rigorously following and enforcing rules and regulations.
- Work seamlessly within a collaborative framework to achieve shared goals.
- Display a commitment to continuous professional development staying updated with advancements in related fields.
Employment Type
Full Time
