Head of Credit Risk
Kirnaf Finance Company
Total years of experience :19 years, 3 Months
Key Result Areas:
Strategic Planning: Providing market insights and inputs for developing and implementing strategic plans and procedures to solidify
the credit management of the organization aligned to the business plan for improvising the credit processes and background processes.
Innately strengthening the risk-controlling processes of the organization to determine risks and present them to the management.
Magnificently articulating the credit risk policy framework, grading methodology, and credit application workflow methodology.
New Product Development: Shouldering the entire responsibility of aiding and assisting in the new product development and
managing the credit risk assessment.
Credit Management: Ensuring compliance with the internal policies, procedures, and processes while reviewing the credit applications.
Upholding the company's credit exposure within a certain risk level with the set limit. Overseeing credit application process to include
credit verification and assessing credit limits. Contributing to co-sanctioning credit applications within delegated authority levels.
Conceptualizing and implementing the credit/lending strategies.
Credit Appraisal: Playing an integral role in suggesting and maintaining a minimum acceptable customer credit risk while evaluating
the new and existing customer’s financial status and creditworthiness. Strictly adhering to the business timescales while carrying out the
credit analysis and sanctioning. Examining the credit-related returns and reports.
Risk Control: Implementing risk policies and managing comprehensive risks by implementing effective mechanisms to mitigate the
same. Delivering credit risk management services to financial institution clients in a team-based environment. Assessing the customer
risks, deviations of management control from acceptable credit standards, and executing corrective measures.
Credit Portfolio Management: Carrying out the credit assessment and acceptable risk criteria to improve the credit asset portfolio
quality. Determining the undue concentration of risk (i.e., industry, geographic) by evaluating the credit portfolio and formulating action
plans for clearance.
Credit Policy & Procedures: Developing & implementing credit policies & norms & performing a continuous evaluation to ensure
adherence to compliance.
Liaison & Coordination: Setting up an approach to develop business while collaborating with the business development branch
manager. Coordinating with the SIMAH. Optimizing the cash flow by nurturing and maintaining relationships with customers, banking
institutions, and credit organizations. Associating with the Head of Collection for reviewing the delinquent loan portfolio.
Financial Modelling: Playing a significant role in preparing financial models based on financial statements provided by the clients to
facilitate the decision-making by the management.
Team Management: Leading and guiding a team to carry out their responsibilities to the required standard.
Value-Propositions:
Successfully revamped the whole lending system & policies.
Significantly contributed to revising the collection policies, which bore fruit for the collection of many bad debts
Redirected the operations to the appropriate way by amending the operation department.
Key Result Areas:
Performed and headed proper and efficient credit administration of loan documents and liaise with internal and external parties.
Managed the completeness within all lending documentation as per the Company Policy and Procedures concerning the amount of
finance, terms, and conditions, borrower's borrowing mandate, authorized signatory, etc.
Reported any irregularities, past dues, or documentation deficiencies to senior management.
Mentored and guided the credit and collections staff. Imparted ongoing training of the credit staff.
Nurtured and maintained relationships with various agencies, including collection, credit reporting, credit insurance providers, and the
sales department. Established a credit scoring model. Maintained a record of accomplishment of customer credit files.
Ensured stringent adherence to the corporate credit policy. Provided recommendations in the credit policy to senior management.
Reviewed the credit granting and updating process. Carried out periodic credit appraisals.
Analyzed the staff's credit recommendations for acceptance and rejection. Appraised the staff's credit recommendations.
Developed and maintained robust relationships with all the largest customers.
Maintained oversight on customers’ deductions. Handled the core accountability of late fees application.
Spearheaded the corporate financing program.
Performed the negotiation on re-payment plans.
Value-Propositions:
Magnificently established the new credit division in which we separated into types of lending (Zahid Products & Non-Zahid Products)
Held responsible for forecasting the change & future trends and costs to the organization.
Assessed and mitigated the areas of potential risk threatening the assets.
Curtailed and directed risks by providing recommendations, entailing insurance strategy.
Computed the risk associated with specific transactions while associating with the traders.
Reviewed and considered proposed business decisions.
Implemented modeling techniques to evaluate the bank's market position and running figures
Implemented and completed the quantitative analysis.
Reviewed and comprehended the government legislation affecting the company and advised on compliance.
Dealt with emergencies by formulating and implementing contingency plans
Followed up on payments made in cash or credit basis.
Bachelor of Commerce (Major in Accounting & Statistics), from Faculty of Commerce—Cairo University.
Bachelor of Commerce (Major in Accounting & Statistics) Faculty of Commerce—Cairo University.
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