Credit Risk Manager

Job Description

• To maximise the banks Risk-Adjusted Rate of Return by managing credit risk in the entire portfolio and individual transactions as well as managing Credit Analysts.

Purpose of the Role

• To manage and oversee the ongoing credit risk within a designated portfolio by ensuring compliance with credit policies, facility conditions, governance requirements and regulatory obligations. The role is responsible for identifying, monitoring and escalating emerging credit risks, managing high-risk and distressed exposures, including Business Rescue matters, and ensuring appropriate action is taken to protect the Bank's position.

Key Responsibilities

Credit Risk Monitoring and Governance

• Monitor client facilities to ensure ongoing compliance with approved credit conditions, covenants and facility terms.
• Identify, investigate and escalate emerging credit risks within the portfolio.
• Ensure compliance with internal credit policies, delegated mandates and governance requirements.
• Monitor and manage excesses, expired facilities, covenant breaches and overdue reviews.
• Ensure timely implementation of credit committee conditions and approval requirements.
• Conduct periodic risk assessments of clients and identify potential deterioration indicators.
• Maintain accurate portfolio risk ratings and recommend changes where appropriate.

High-Risk and Distressed Client Management

• Manage and monitor clients presenting heightened credit risk.
• Prepare risk assessments and recommendations for accounts requiring escalation.
• Participate in turnaround, restructuring and remedial management discussions.
• Monitor distressed exposures and ensure agreed action plans are implemented and tracked.
• Prepare recommendations regarding facility amendments, risk mitigation strategies and recovery actions.

Business Rescue and Restructuring

• Maintain a thorough understanding of the Companies Act and Business Rescue processes.
• Assess Business Rescue plans and identify risks to the Bank.
• Liaise with Business Rescue Practitioners, legal advisors and internal stakeholders.
• Prepare detailed risk reports and recommendations on Business Rescue matters.
• Monitor compliance with approved rescue plans and identify deviations or emerging concerns.
• Protect and preserve the Bank's security position during restructuring proceedings.

Reporting and Portfolio Oversight

• Prepare monthly, quarterly and ad hoc credit risk reports.
• Maintain and report on watchlist, high-risk and problem accounts.
• Analyse portfolio trends and identify key risk drivers.
• Escalate material concerns to senior management and relevant governance committees.
• Produce accurate management information and portfolio reporting within required timelines.
• Ensure data integrity and reporting accuracy.

Security and Documentation Management

• Review and monitor security documentation to ensure enforceability and adequacy.
• Ensure facility letters and supporting security documentation are correctly executed and maintained.
• Monitor the perfection and registration of securities where applicable.
• Identify security shortfalls and recommend corrective action.
• Ensure all client records and documentation are maintained in accordance with Bank requirements.

Stakeholder Management

• Develop and maintain professional relationships with Relationship Managers, Credit Managers, Legal, Recoveries and other stakeholders.
• Provide guidance and support on credit governance and risk management matters.
• Facilitate constructive engagement with clients regarding breaches, risk concerns and remedial actions.
• Influence appropriate risk-based decision making across business units.

Written Communication and Correspondence

• Draft formal client correspondence including breach notices, reservation of rights letters, default notices, facility review communications, information requests, Business Rescue correspondence and escalation communications.
• Ensure all correspondence is professionally written, technically accurate and aligned with legal and regulatory requirements.
• Prepare executive-level risk reports, committee submissions and management recommendations.

Risk Culture and Continuous Improvement

• Promote a strong risk and compliance culture across the business.
• Identify process improvement opportunities and recommend enhancements.
• Benchmark practices against internal policies and industry best practice.
• Maintain up-to-date knowledge of relevant legislation, banking regulations and credit risk developments.

Key Competencies – Technical

• Commercial Credit Risk Management
• Financial Statement Analysis
• Covenant Monitoring
• Security Structures and Lending Documentation
• Business Rescue and Corporate Restructuring
• Governance and Regulatory Compliance
• Credit Policy Interpretation
• Risk Reporting and Portfolio Analysis

Key Competencies – Behavioural

• Exceptional attention to detail
• Strong analytical and investigative capability
• Excellent written and verbal communication skills
• Sound judgement and decision-making ability
• Ability to work under pressure and meet deadlines
• Strong organisational and administrative skills
• Ability to challenge constructively and influence stakeholders
• Professionalism and integrity

Experience Requirements

• Minimum 5–8 years' experience in Commercial, Corporate or Business Banking Credit Risk.
• Experience in monitoring and managing high-risk and distressed credit exposures.
• Proven experience in Business Rescue, restructures or turnaround environments.
• Experience preparing Credit Committee submissions and executive reporting.
• Strong understanding of lending structures, security documentation and credit governance.

Qualifications

• Relevant tertiary qualification in Finance, Commerce, Accounting, Banking, Law or Risk Management.
• Credit Management qualification advantageous.
• Business Rescue, Insolvency or Restructuring experience highly advantageous.
• CASA, CFA, CIMA or equivalent would be advantageous but not essential.

​​​​​​​ Suggested Performance Measures KPIs

• Excesses within agreed tolerance levels.
• Timely completion of annual and interim reviews.
• Covenant compliance monitoring completed within SLA.
• High-risk account reporting submitted accurately and on time.
• Reduction in overdue conditions and expired facilities.
• Accuracy of risk reporting and portfolio data.
• Timely escalation of material credit risks.
• Quality of committee submissions and recommendations.
• Compliance with audit and governance requirements.
• Effective management of Business Rescue and distressed exposures

End Date: August 1, 2026