Vice President, Credit Risk Management
Reporting to the EVP, Group Chief Risk Officer, the Vice President, Credit Risk Management is responsible for directing and controlling Bermuda’s Credit Risk function.
Your responsibilities will include:
- Acting as Deputy Chairman of Group Credit Committee.
- Directing and controlling Bermuda’s credit risk associated with all aspects of the Balance Sheet.
- Developing and communicating strategic objectives, budgets and plans for the credit risk management function.
- Developing and maintaining a framework of credit policies and procedures within the Bank’s risk profile.
- Reporting to senior management and the Board of Directors on all credit risk management activities.
- Managing problem loan work-outs.
- Reviewing independent loan review reports and implementing effective solutions.
- Develop and maintain ongoing management reporting on key portfolio characteristics and trends.
- Taking responsibility for the implementation of the Bank’s Basel II Credit Accord.
- Providing guidance on credit collections strategy and priorities.
- Participating as a member of vital strategic steering committees.
- Representing the Bank to customers and to the community at large in business, community and social settings.
- Serving as part of top management in the development of long-range planning.
- Monitoring the Credit portfolio for quality and profitability within the Bank’s risk profile.
- Developing strong working relationships with Lending Officers to ensure that all viable credit proposals are being referred and that credit risk principals are understood.
- Acting as a Mentor and ensures development opportunities are available for the Department.
- Keeping abreast of local and international economic, financial, political and legislative events, trends and climates that could impact the credit environment.
- Active participation in developing stress tests and recovery plans.
Your qualifications and skills include:
- A university degree in Commerce or Finance with a minimum of ten years relevant experience or equivalent.
- Extensive International credit experience in a similar position. Strong data analytics skills.
- Specialist knowledge in credit risk management and loan evaluation for retail and commercial lending, as well as related procedures and controls associated with multi-jurisdictional loan portfolios.
- In-depth knowledge of the Basel II Credit Risk Accord and relevant implementation issues, have a good understanding of credit risk regulatory requirements, communicating with regulators (verbally and in writing)
- Proven team management, development and leadership skills.
- Superior communication, client relationship, organization, presentation and interpersonal skills.
- Ability to handle sensitive situations and confidential information with absolute discretion.
- Proficient in Microsoft Office Suite.
Bermuda
Credit Risk