Chief Credit Officer

Responsibilities:

Strategic/Financial
 Ensure credit policies and procedures are adhered to by bank staff and provide sanctioning where necessary.
 Compile annual business unit credit risk action plans for FAB Liberia in conjunction with internal stakeholders.
 Review and appraisal of all credit requests in line with Credit Policy and the Ban’s Risk appetite.
 To be responsible for identifying, measuring, monitoring, controlling or mitigating, and reporting on all credit risk exposures.
 Assist in refinement, development, and implementation of the Credit Risk Management framework for FAB Liberia and aligning it to the future needs of the bank.
 Prepare unit budgets and monitor compliance to budget.

Customer
 Serve as a subject matter expert to the process owners or product team to ensure adequate internal control by supporting the development teams to assess the potential risks, calculating potential loss and the cost of control.
 Liaise regularly with relevant stakeholders on various credit issues and work on ensuring prompt turnaround time in unit functions.
 Interact with senior management on various credit/process issues.

Operations
 Coordinate the collection of supporting information and evidence documentation for formal attestation processes.
 Implement process improvements for risk management including automation of credit processes.
 Conduct and document audits of client compliance to industry standards.
 Review bank credit programs and approve credits and credit issues as per assigned limit.
 Prepare periodic management reports detailing performance of unit.

People
 Provide training to unit staff and relationship managers as necessary.
 Supervise activities of department members and provide coaching, mentoring and training as appropriate.

 Monitor/manage performance of subordinates against pre-assigned goals and conduct performance appraisals as required.

Reports

Credit Regulatory reports (Monthly)
 Credit Conditions Questionnaire & Survey (Monthly)

Key Performance Indicators

 Credit performance as measured by riskadjusted margin
 Bad debt write-offs
 Credit Application TAT- SLA adherence
 Credit exposures within limits
 Regulatory exceptions- Credit portfolio plan
 Credit Underwriting efficiency: Credit lines renewal efficiency/renewal rate
 People management responsibilities

Competencies Required

Organisational Competencies
 Professional Attributes
 Business Knowledge
 Personal Attributes
 Leadership Skills
Functional Competencies
 Credit Risk Management
 Credit Analysis
 Credit Administration
 Credit Performance Reporting
 FAB Liberia’s Credit Policies, Processes, etc
 FAB Liberia’s Credit Products
 Credit Portfolio Planning
 Credit Portfolio Tracking/ Management
 Financial/ Report analysis
 Risk Modelling