Head of Credit / Bahrain

Company: Housing Bank Industry: Banking and Financial Services Job Location: Al Manamah, Bahrain Career Level: Upper Management (Manager, Director, Head) Date Posted: 02-11-2023 Ref. Number: 159161 You must first log in before applying to jobs.

• Participate in the development of plans and objectives for credit to ensure the achievement of strategic objectives for the bank.
• Participate in the preparation and amendment of the credit policy, authorities and other credit related manuals and SOPs
• Participate in the process of reviewing the framework for calculating expected credit losses, IFRS9 policy, risk acceptance document, target market standards, and adequacy of provisions
• Provide suggestions and recommendations to streamline work flow.

• Evaluate credit applications and verify their compliance with credit policy, risk acceptance document and target market standards.
• Prepare credit evaluation memos for credit proposals
• Review the inputs of the risk rating to ensure validity and accuracy

• Prepare the necessary periodic reports related to credit review in accordance with the credit policy and the requirements of the regulatory authorities.
• Supervise subordinate employees in credit administration and remedial to ensure employees receive appropriate training and development.

• Bachelor's degree in Finance, Accounting or any related field
• Minimum experience of 5 years in a credit review managerial role with delegated authority 
• Well versed with CBB regulations, compliance requirements, and industry best practices.
• Familiarity with Bahrain mortgage procedures