Head of Credit – Consumer Finance recruitment
Responsibilities:
- Manage the Credit Cycle: Underwriting, Collections, and Risk (portfolio management, fraud, quality assurance, and MIS)
- Report the credit performance to theBoard of Directs on a quarterly basis and the Consumer Finance Management Committee on a monthly basis
- Set up/manage the cost budget and forcasts for the Credit Cycle
- Manage any credit losses and the portfolio within the approved budget
- Review the operations of each credit function on a regular basis having it ready for audit
- Train and develop all staff in the Credit Cycle, including cross-functional training, job rotation, etc.
- Maintain/improve the credit infrastructure, system functionalities, risk models, scorecards, customer segmentation, pricing, staff incentive schemes, and standard operating procedures
- Communicate with Group Consumer Banking Risk ensuring processes, infrastructure, reports, and performance are in line with policy
Ideal Candidate:
8-10 years in consumer banking/finance in risk exposure with proven business acumen. Hands on experience in managing: underwriting, collections, portfolio management, scorecard development, MIS, and credit loss forcasting. Experience managing inter-departments and teams. Strong product knowledge in secured and unsecured consumer finance.