Credit & Risk Manager

Job Details

• Position: Credit & Risk Manager
• Location: Lilongwe, Malawi
• Reports To: Head of Credit
• Application Deadline: 6 December 2025
• Email resume and cover to: info@mastersfinance.co.mw (Subject: Application for Credit & Risk Manager)

Responsibilities

Credit Operations Leadership

• Develop and implement credit policies, procedures, and risk-based lending frameworks.
• Oversee loan origination, assessment, approval, disbursement, monitoring, and recovery.
• Ensure consistent credit underwriting standards across all branches.
• Review high-risk or high-value loan applications and advise the Credit Committee.
• Analyse portfolio trends, delinquency patterns, and credit performance.

Portfolio Management & Quality Control

• Monitor Portfolio at Risk (PAR), provisioning, and loan classification in line with RBM directives.
• Implement early warning systems and take corrective action on deteriorating accounts.
• Conduct branch-level credit audits and loan book assessments.
• Lead recovery initiatives for delinquent accounts.

Enterprise Risk Management

• Maintain a comprehensive enterprise risk management framework.
• Identify and monitor risks across all functions (credit, operational, market, liquidity, ICT, compliance).
• Maintain Risk Register and deliver periodic assessments.
• Conduct stress testing and scenario analysis.

Regulatory Compliance & Reporting

• Ensure compliance with RBM prudential guidelines, IFRS 9, AML/CFT, and internal policies.
• Prepare regular credit and risk reports for Management and the Board Risk Committee.
• Support regulatory inspections and external audits.

Leadership & Capacity Building

• Coach and support branch credit teams to improve credit discipline and portfolio quality.
• Conduct training on credit analysis, risk awareness, AML/CFT, and loan monitoring.
• Promote a strong risk culture across the organisation.

Skills & Qualifications

Education & Certifications

• Bachelor’s degree in Finance, Accounting, Economics, Banking, or related field.
• Professional certification (FRM, CRM, CPA, ACCA, CISA) is an advantage.

Experience

• Minimum 5–7 years’ experience in credit or risk management in banking, microfinance, or financial services.
• Strong understanding of RBM prudential guidelines, IFRS 9, and enterprise risk practices.
• Hands-on experience in loan portfolio management and credit operations.
• Experience in credit analytics, operational risk, or compliance.

Technical Skills

• Proficiency in Excel, financial modelling, and data analysis.
• Strong analytical and report-writing skills.

Personal Attributes

• High ethical standards and integrity.
• Analytical, detail-oriented, and proactive problem-solving mindset.
• Strong leadership and stakeholder management skills.
• Ability to work under pressure and meet strict deadlines.
• Sober habits and a clean driver’s license.

Skills

1. Credit Management
2. Risk Assessment
3. Loan Portfolio Analysis
4. Regulatory Compliance
5. Financial Reporting
6. Enterprise Risk Management
7. Credit Policy Development
8. Team Leadership
9. Financial Modelling & Data Analysis