SVP & Head of Credit - Private Banking

Work within a senior management structure to formulate, revise, and implement policies, procedures, and practices for the Private Banking Credit area that align with the bank's overall strategy and objectives.
Ensure credit approvals adhere to policy guidelines, with adequate monitoring and review to maintain portfolio quality, profitability, and desired credit risk levels.
Key Accountabilities :
Private Banking Credit Strategy

Contribute to the formulation and implementation of the credit strategy in line with FAB's and Private Banking objectives.
Streamline Credit Risk function objectives and organizational structure to align with the Group's overall goals.
Manage and develop the credit risk function, including credit analysis, assessment, approval, review, monitoring, control, and recovery for all loan types.
Oversee an effective credit approval process that supports the bank's risk tolerance and asset growth objectives.
Make credit decisions independently up to delegated authority and serve on the Credit Execution Committee, ensuring timely provision of information for decision-making.
Chair or serve as a senior member of the Credit Execution Committee, ensuring decisions are within guidelines.
Develop mechanisms and models for accurate risk profiling across asset categories.
Implement monitoring systems for portfolio quality, early problem credit identification, and recovery actions.
Ensure timely credit processing and approval turnaround times as per SLAs.
Participate in complex client relationships, providing guidance on due diligence and risk assessment.
Guide the Private Banking team on optimal use of credit facilities without compromising quality.
Regularly review and update credit policies and procedures to reflect market and experience insights.
Support Credit Administration in documentation and collateral monitoring, and streamline processes where possible.
Assist in credit restructuring, classification, provisioning, and recovery efforts.
Participate in other committees and initiatives as required.

Industry and Sector Knowledge

Stay informed on industry trends, economic changes, regulations, and market practices to advise senior management.

Internal Collaboration

Enhance collaboration with business and product heads to build relationships and maximize synergies.
Supervise service level targets and coordinate with departments to meet client expectations.
Resolve internal issues promptly.

Liaison with Regulators / Auditors

Facilitate audits and negotiations with regulators, ensuring timely data provision and responsive communication.

Leadership / People Management

Achieve departmental objectives through goal setting, performance management, and development.
Motivate staff, foster a positive environment, and develop competencies.
Handle hiring, training, coaching, and performance appraisals.
Balance team and individual responsibilities, promote feedback, and uphold organizational values.
Support organizational structure and resource allocation.
Identify opportunities for process improvements and cost efficiencies.
Manage departmental budget and report on portfolio quality and risk metrics.

Frameworks, Boundaries, & Decision-Making Authority

Report to the Group Chief Credit Officer, exercising full discretion within delegated authority.
Major decisions requiring approval are escalated appropriately.

Communications & Working Relationships
Internal :

Group Chief Credit Officer, Credit Heads, Functional Heads, and other senior leaders.

External :

Regulators, banking associations, financial institutions, service providers, auditors, and rating agencies.

Key Performance Indicators (KPIs):

Portfolio quality (NPL ratio, risk ratings, etc.),
Processing and approval turnaround times,
Policy compliance,
Customer satisfaction.

Qualifications
Minimum Qualifications :

Bachelor's Degree in relevant field; professional qualifications preferred.
Preferably a Master's Degree.
20+ years in credit risk management/lending, with at least 10 years in leadership roles, preferably with international experience.

Knowledge, Skills, and Attributes :

Strategic thinking, credit risk expertise, industry knowledge, decision-making skills, integrity, leadership, and interpersonal skills.
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