Strategic Credit Risk Manager

17 hours ago


Kuwait City, Al Asimah Burgan Bank Full time

Company Overview

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Burgan Bank is a leading financial institution committed to providing innovative solutions for individuals, businesses, and institutions.

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Job Description

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As a Strategic Credit Risk Manager, you will play a crucial role in ensuring the bank's credit control functions are efficient, compliant, and aligned with regulatory requirements. You will guide and supervise officers responsible for documentation, collateral, posting limits, and reporting as a final checker and approver.

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Key Responsibilities:

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  • Lay down effective plans to ensure efficient and compliant credit control processes;">
  • Maintain updated knowledge of CBK rules, regulations, BB Credit Policy procedures, and related matters of interest to the department;">
  • Review related documents for foreign banks and Burgan Bank subsidiaries prior to signing off and approve setting of limits;">
  • Monitor credit information process and verify that all drawdowns are in line with credit approvals and documentation;">
  • Coordinate with business groups and other departments in providing information and support;">
  • Supervise portfolio managers and ensure that all collateral records are in line with approval conditions;">
  • Oversee the control process of placing original securities in safe custody vault and release them upon coordination with the Legal Department;">
  • Review and approve CBK reports in line with CBK guidelines;">
  • Participate in the selection and development of staff and evaluate their performance;">
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Requirements

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To be successful in this role, you should possess:

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  • A Bachelor's degree or equivalent in a related field;">
  • Minimum 7 years of relevant experience in credit control required, with at least 5 years in a bank or financial institution within a similar field;">
  • Knowledge and experience of best practice in Drawdown unit;">
  • Proficient language skills in English and Arabic.">

Benefits

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As a Strategic Credit Risk Manager at Burgan Bank, you will enjoy a competitive salary and benefits package, opportunities for professional growth and development, and a chance to work with a dynamic team of professionals who share your passion for excellence.



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