Credit Risk Officer

Job reference 
376 / 1250
Field of requested position 
Banking - Commercial
Company activity type 
Job location 
Beirut - Lebanon
Age bracket 
Minimum 23
No preference
A minimum of a bachelor's degree in finance or related fields. Professional certifications as per BDL requirements
Years of experience 
Preferably 3 to 5 years of relevant professional experience in banking.
English and Arabic
Special skills 

- Experience with financial statement analysis and credit risk management within the financial industry
- Ability to learn new reporting systems
- Knowledge of Banking and Business Operations: Well round knowledge of the Bank’s operations and processes and excellent knowledge of Bank policies and procedures
- Risk Management: Ability to anticipate and mitigate risk by developing appropriate Risk Management Policies for the Bank
- Compliance and Regulatory Framework: Good understanding of relevant regulatory requirements, BDL Prudential and Risk Management guidelines.
- Conceptual and Analytical Skills: Ability to quickly grasp and understand systems and keen to detail
- Knowledge and effective application of all relevant banking policies, processes, procedures and guidelines to consistently achieve required compliance standards or benchmarks
- Experience with MS office and Credit risk modules
- Knowledge and experience in regulatory banking risk management guidelines and modern financial risk management practices and ability to initiate and implement tactical changes to support business performance

Tasks and duties 

- Attend the credit committee meetings as secretary and non-voting member to take the minutes and to issue all the related credit decisions
- Analyze client financial statements and prepare the credit analysis and risk-adjusted profitability income reports to support client credit/financing requests and credit review process
- Provides reports about performed risk analyses, clients and regulators and delivers value added insight into the client’s credit lines, credit proposals and potential risks.
- Responsible for the internal rating system and ECLs under IFRS9
- Controls the investigation with banks and other credit bureaus
- Coordinate with real estate experts for appraisals related to the suggested or offered collaterals
- Gathers necessary information to support the economic sectors mainly for the biggest debtor clients
- Prepares monthly and quarterly credit risk reports mainly: IFRS9 reports, breakdown of loan portfolio; Retail progress report, excess report, unpaid report, etc…
- Liaise with the External Auditors on routine missions to the bank and to matters related to credit files and other risk reports related to IFRS9 and other disclosures
- Follow up credit files as per BCC 238 with daily follow up towards completion of credit files
- Coordinate with Credit Admin with all aspects related to credit risks, BDL reports, collaterals, etc…
- Implement the bank’s procedures and guidelines and standard operating procedures documentations
- Tracks new Bank regulations and provides advice to the Bank
- Coordinate with relationship officers to get the client site visits reports and obtain relevant financial/risk profile information from clients as part of the overall client credit risk assessment
- Review loan requests: Assess clients’ financial status, Evaluate creditworthiness and Analyze risks, Coordinate with Credit Department to gather financial data and documentation, calculate financial ratios (e.g. credit scores and interest rates), Set up payment plans, etc…
- Provides credit risk opinion on all loan requests and studies (commercial and retail files)
- Maintain updated records of loan applications
- Provides credit risk assessment for new bank’s products and services including the new digital offerings
- Liaise with the bank’s lawyer all matters related to loan documentation, loan agreements, etc…

• Liaise with the bank’s lawyer all matters related to remedial and recovery procedures for litigious credit files.
• Follow up with Credit Admin/Credit Dept. about loan renewals
• Monitor progress of existing loans: Excess report, unpaid reports, etc…
• Review all Internal & External Audit reports to extract relevant risk & control information for use in reporting and remediation.
• Monitor resolution of all associated Internal Audit recommendations post audit issues
• Working with Business units within the Bank to establish, maintain and continuously improve risk management capabilities.
• Performs Stress testing for the credit portfolio by using plausible scenarios with clear results and impacts
• Responsible for internal and regulatory reporting requirements mainly for Credit Capital charge under capital adequacy ratio, Capital recovery plan, ICAAP, LCR, etc…
• Work with Risk manager to implement Credit risk policy framework for the bank

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