Credit Risk Manager

Key responsibilities

• Credit Risk Governance and Framework.
• Implement and continuously enhance the Credit Risk Management Framework, policies, methodologies and guidelines.
• Ensure credit risk practices remain aligned with the Risk Appetite Framework, regulatory requirements and applicable standards.
• Provide independent risk challenge to Business and Credit functions and monitor compliance with approved policies, limits, delegated authorities and risk appetite.
• Provide credit risk input on new products, sectors and business initiatives, ensuring risks are appropriately identified and mitigated.
• Credit Risk Modelling, Analytics and IFRS 9.
• Lead the preparation and oversight of the Bank’ s IFRS 9 ECL assessment, including staging, PD, LGD, EAD, forward-looking scenarios and management overlays.
• Review and challenge the accuracy, appropriateness and performance of credit risk models, assumptions, data and ECL outputs.
• Monitor credit risk trends, model performance and portfolio deterioration, assessing implications for ECL, provisioning, Cost of Risk, profitability and capital.
• Coordinate with Finance, Credit and relevant functions on ECL assessments, model validation and enhancement.
• Provide actionable credit risk analytics and insights to support management decision-making.
• Credit Portfolio Monitoring and Early Warning.
• Monitor the overall credit portfolio, including asset quality, portfolio performance, concentrations, NPLs, PAR, Cost of Risk, provisioning, migration and delinquency trends.
• Maintain and enhance the early warning framework, monitoring watchlist, vulnerable and migrating exposures and ensuring timely escalation of emerging risks.
• Conduct portfolio reviews and deep dives into high-risk sectors, products, customer segments and material exposures, recommending appropriate risk mitigation.
• Analyse impairment, recoveries, restructurings and write-offs, and assess the adequacy of provisions for deteriorating exposures.
• Collaborate with Credit Monitoring, Portfolio Quality, Recoveries and Business to drive timely remedial action.
• Credit Risk Assessment.
• Provide independent review and challenge of material credit proposals, renewals, restructurings and exceptions, including assessment of customer financial capacity, repayment ability and key risk assumptions.
• Assess the adequacy of risk mitigants, collateral, guarantees and other credit enhancements.
• Provide an independent credit risk view on material transactions and escalate exposures that fall outside approved risk appetite, limits or policy parameters.
• Stress Testing and Scenario Analysis.
• Lead credit risk stress testing and scenario analysis, including development of relevant economic, sector and borrower-specific scenarios.
• Assess the impact of adverse scenarios on asset quality, ECL/provisions, capital adequacy, profitability and risk appetite.
• Provide credit risk inputs to ICAAP and enterprise-wide stress testing, and recommend appropriate management actions arising from stress-test results.
• Credit Risk Reporting, Regulatory and Audit Engagement.
• Prepare credit risk reports and dashboards for Management Credit Risk Committees, ALCO, BRMC and the Board, highlighting portfolio trends, emerging risks, breaches and required actions.
• Ensure regulatory and internal credit risk reporting meets CBK requirements and support regulatory inspections and supervisory reviews.
• Coordinate responses to audit and regulatory findings, monitor agreed remediation actions and ensure timely closure.
• Risk Culture and Advisory.

Candidate requirements

• Location Nairobi
• Job Field Finance / Accounting / Audit &nbsp.

Required skills