HeadofCreditEnhancement - 464536

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  • HeadofCreditEnhancement Jobs in Kuwait - 464536

    ConfidentialCompany
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464536

المسمى الوظيفي

JOB PURPOSE ROLE
To Lead the Credit Enhancement function by developing & implementing effective credit enhancement strategies, policies & guidelines as well as classifying, monitoring & early warning tools, in order to improve creditworthiness of banks borrowers & furthermore safeguard & mitigate associated risks for the bank
Lead the process of ranking companies & the structured mechanism of transferring borrowers to Debt Restructuring in case of unsuccessful enhancement activities

KEY RESPONSIBILITIES
Description
Strategy
Contribute & provide inputs to the development of the overall Wholesale strategy in line with the overall business objectives
Management
Manage the effective achievement of objectives of Credit Enhancement function through setting individual objectives, managing performance, developing & motivating staff, provision of formal & informal feedback & appraisal in order to maximise subordinate & the overall performance
Organisation Structure
Recommend an optimum organisation structure for Credit Enhancement function in coordination with Organizational Effectiveness & Strategic Manpower Planning so that resources are optimally utilised & communication can take place in an efficient manner
Budgets & Plans
Prepare & recommend the budget & monitor financial performance versus the budget so that the business is aware of anticipated costsrevenues, & areas of unsatisfactory performance are identified, rectified promptly & potential performance improvement opportunities are capitalised upon
Credit Enhancement policies, procedures & Activities
Develop & recommend policies & procedures related to credit enhancement & direct the implementation of procedures & controls covering all areas of credit enhancement activities to ensure effective risk mitigation
Oversee the development of guidelines with respect to scope of enhancements activities, ie activities managed by the company vs activities managed by external advisory to build clarity & appropriate action plans to manage & control all such activities
Direct the required initiatives to ensure effective implementation of all action plans
Oversee & guide the process of impact evaluations by reviewing & providing inputs on action plans
Classifications & Monitoring
Lead the process of ranking of companies in order to ensure the effectiveness of activities as well as the maintenance of appropriate standards
Lead & direct the process of evaluating the impact of enhancement activities on customers to assess credit worthiness
Oversee the necessary activities in order to effectively master Early Warning concepts & related tools (eg Excel, dedicated IT solutions)
Enhancement Activities
Creditworthiness
Oversee the assessment of credit quality & borrowers creditworthiness in order to ensure that standards are maintained & procedures are followed
Ensure the identification of root causes in deterioration of borrowers creditworthiness to effectively develop enhancement activities
Design & develop various credit enhancement activities in order to improve creditworthiness of banks borrowers
Concepts, Methodologies & Models
Own & manage the Credit Enhancement model(s) by approving adjustments on indicator weights & manual override flags within specified authority levels
Oversee the Back-testing of models in order to ensure their effectiveness
Provide the required training to Credit Enhancement employees & Relationship Managers on credit enhancement methodologies, models, & tools to ensure proper usage & effective knowledge transfer
Borrowers Transfer to Debt Restructuring
Oversee the transfer of borrowers to Debt Restructuring upon unsuccessful enhancement activities in order to expedite operations that will facilitate the borrowers ability to meet obligations

ملخص الملف

Type:Company Job

Eligibility:Bachelor's degree / higher diploma

Role:Management

Industry:BPO/ITES

Salary:Unspecified

Function:IT Software - Telecom Software

Deadline:19th Feb 2025

ملف الشركة

Not Mentioned



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