Senior Credit Risk Manager
3 weeks ago
Burgan Bank is seeking an experienced Senior Credit Risk Manager to join our team. As a key member of the credit risk management team, you will play a vital role in ensuring the bank's assets are protected and that credit approval conditions are met.
Job Description:
Key Responsibilities- Develop and implement effective credit control processes to ensure compliance with regulatory requirements, bank policies, and procedures.
- Serve as a final checker and approver for documentation, collateral, posting limits, and reporting.
- Supervise officers responsible for day-to-day credit control functions and guide them on best practices.
- Maintain updated knowledge of Central Bank of Kuwait (CBK) rules, regulations, and bank procedures.
- Review related documents for foreign banks and Burgan Bank subsidiaries prior to signing off and approving setting of limits.
- Monitor credit information process and verify that all credit approvals are in line with management decisions, bank policy, and CBK guidelines.
- Coordinate with business groups and other departments in providing information and support.
- Monitor and control countries and banks limits as per management guidelines and conditions.
- Review documents checklist signed by document makers, in line with credit approval and conditions.
- Supervise portfolio managers in a timely manner and ensure that all collateral records are up-to-date.
- Perform ad-hoc tasks assigned by direct supervisors.
Requirements
Experience and Qualifications- Minimum 7 years of relevant experience in credit control required.
- At least 5 years of experience in a bank or financial institution within a similar field.
- Knowledge and experience of best practice in drawdown unit.
Education and Skills
- Bachelor's degree or equivalent in a related field.
- Language(s) known: English (Proficient) and Arabic (Proficient).
Salary Estimate: KD 3,500 - KD 4,500 per month (approximately USD 11,700 - USD 15,300) based on experience and qualifications.
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