Head Credit Risk (Consumer & Merchant) at HugoBank Karachi

HugoBank is a digital bank in Pakistan. The Head of Credit Risk manages consumer, merchant and program-based lending portfolios from a credit risk standpoint.

Key responsibilities

• Define and maintain the enterprise-wide credit risk management framework in line
• Translate the CRO’s risk strategy into actionable credit policies, product programs, underwriting standards, and methodologies across bank’s portfolios
• Develop all required Credit Risk score card models and establish the model validation and back testing process and function. Ensure embedding all Credit models
• Ensure credit risk considerations are embedded into business strategy, new products, and portfolio growth plans
• Ensure compliance with regulatory requirements, supervisory expectations (including ECL/IFRS 9 and prudential regulations), and internal credit policies
• Support regulatory examinations, audits, and risk reviews, including issue remediation and tracking by keeping all required digital documentation and back ups
• Attain satisfactory ratings in internal and external audits
• Oversee credit application processing and decisioning within prescribed parameters and turnaround times, without compromising credit quality

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Risk Management, Business Administration, or a related discipline
• Master’s degree (MBA, MS in Risk Management, Finance, or equivalent) preferred
• Professional certifications such as FRM, PRM, CRM, CIA, CISA, or equivalent risk/compliance qualifications are highly desirable
• 6–8 years of experience in Traditional or Digital Banking or Fintech, as in Credit Risk Management
• Hands-on experience owning the credit risk governance structure, covering policy, Credit Risk Models and deviation management
• Hands-on experience working with senior management and risk committees, with direct exposure to regulatory reviews and audits

Location and schedule

• Karachi
• Full-time

Salary and benefits

The posting does not give a salary figure.

How to apply

Apply on the company's own site.