The Credit Manager for Business Banking is responsible for managing the credit assessment, risk analysis, and approval process for business banking clients. This role involves evaluating the creditworthiness of small and medium-sized enterprises (SMEs), making sound credit decisions, and working closely with the sales and relationship management teams to support lending activities. The ideal candidate should possess solid analytical skills, experience in business banking, and a deep understanding of credit risk management.
Key Responsibilities:
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Credit Assessment & Analysis:
- Evaluate credit proposals for business banking clients, including SMEs, based on financial statements, cash flow analysis, industry trends, and business models.
- Conduct comprehensive due diligence and risk assessment to determine creditworthiness and identify potential risks.
- Analyze borrower financials, market conditions, and industry dynamics to recommend appropriate credit structures.
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Credit Approval Process:
- Prepare detailed credit assessment reports with recommendations for credit approval or rejection.
- Present credit proposals to the credit committee and senior management for final approval.
- Ensure all credit assessments comply with internal policies and regulatory guidelines.
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Portfolio Management:
- Monitor the existing portfolio of business banking clients to ensure timely identification of potential risk indicators and proactively manage exposures.
- Conduct regular reviews of accounts to ensure compliance with terms and conditions.
- Implement measures for risk mitigation and oversee the restructuring of troubled accounts when necessary.
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Relationship Management:
- Collaborate with relationship managers to gather necessary information for credit evaluation and to understand client needs.
- Provide guidance and support to sales teams in structuring deals and mitigating credit risks.
- Maintain strong communication with clients to r