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Senior Manager (Credit Risk)

Excellent Fortune Development Group
Recruiter active 1 day ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Full Time
Verified This job has been verified by the company as a real job vacancy.
28 Jun 2021

Experience level

Manager

Job Function

Legal, Risk and Compliance

Min Education Level

Bachelor Degree

Job Description

EFD Group and its group of companies in the Financial sector is looking for a skilled professional with experience in the financial service sector. Senior Manager, Credit Risk, one of the core members of the executive team, is responsible to identify and mitigate credit risk harmful to the company’s financial operation with expert knowledge in alignment with Myanmar financial regulations. The aim of this position is to lead initiatives for development of methodologies for measurement of credit risk.  This position is responsible to develop and enhance the credit reporting and monitoring framework which meets the requirements of various external & internal stakeholders. Ensure timely and accurate delivery of Credit Risk reports. Performs credit analysis and interprets the information and suggest actions for consideration to the Senior Management.

 

Duties/Responsibilities

  • Review individual transactions and products before submission to the relevant approval authority as per the company process and CBM regulatory guidelines
  • Drafts credit reviews ensuring transaction is properly structured and credit submittal is accurate and properly presented to committee for approval
  • Suggest to Senior Management about Credit Risk Analysis in order to reduce risk level in business operation
  • Create and maintain credit analysis templates, tools and models, including HP / Retail / Corporate/SME rating tools
  • Support Risk Management in ensure credit policies and manual are appropriate and monitor the effectiveness of the credit policies and product programs on a regular basis;
  • Perform root cause analysis to understand any performance deterioration and establish appropriate credit policies to bring performance back to within benchmarks;
  • Provide forecasts to feed into the Business Plan/Forecasts;
  • Actively participate in providing analytics/information on credit performance to our key shareholders;
  • Responsible to accuracy of financial information, liaise with relationship managers on any unclear or incomplete client information
  • Interrogate credit bureaus, public collateral registries, land registries any other source of public information relevant to the credit quality of the borrower (when applicable)
  • Prepare activity reports on number of accounts received, reviewed, approved and rejected
  • Formulates observations regarding general lending practices in the bank including Credit or Product Policy Amendments, Procedures, Lending Standards etc.

Open To

Male/Female

Job Requirements

  • Bachelor Degree or Master’s degree in reputable university
  • Minimum 8 years of experience in Banking or Microfinance
  • Regulatory interaction experience with a large and complex banking or financial organization
  • Good understanding of Customer Acquisition and Credit Underwriting
  • Be strong quantitative and analytical skills in conducting analysis using customer performance data, credit bureau/ vendor data, and marketing data to make profitable underwriting decisions
  • Good understanding of credit decision models and determination of cut-offs based on unit economics/ profitability models.

What We Can Offer

Benefits

-Competitive benefits.

Highlights

-Required to travel as job needs.
-Have to work on timeline.

Career Opportunities

-Promotion Opportunities
-Management Potential

About Our Company

Excellent Fortune Development Group Co., Ltd. (EFD Group) is a Myanmar conglomerate with a diversified portfolio of businesses in the fields of Financial, Real Estate, Mining, Agriculture and Industrial. EFD Group is one of six conglomerates in Myanmar that holds multiple financial licenses issued by the Central Bank of Myanmar, including banking, insurance, finance and microfinance licenses.

Guided by our motto of “Driven to Excellence”, we look to cooperate with domestic and foreign business partners to capture the opportunities to contribute to the development of Myanmar. With our access to local human and natural resources, we intend to introduce advance technology and modern management to enhance the business benefitting our business partners and the community.

At the same time, EFD group also set up a charitable foundation for schools and monasteries to organize charitable activities and donations. This is part of corporate social responsibility and contributes to causes such as social welfare, health care, public education, rural development, disaster prevention, disaster relief and reconstruction.

EFD Group embraces cooperation and seeks win-win solutions so as to achieve the Group’s mission of leading the social revival and economic development of Myanmar.
OR

Experience level

Manager

Job Function

Legal, Risk and Compliance

Min Education Level

Bachelor Degree

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