Head of Risk
Salary range: Confidential | Contract type: Permanent
The Head of Risk will advise management and the investment team on deal structuring, credit analysis and underwriting, spearhead SunFunder’s fund compliance and portfolio management disciplines, and lead SunFunder’s Credit Committee. They will play a key role in ensuring SunFunder achieves its asset growth targets whilst maintaining a high quality loan book through judicious and effective management thereof.
- Provide guidance to management on setting strategies and achievement of asset (lending) growth and profitability targets and fund-level risk mitigation strategies
Work closely with investment officers and analysts to provide guidance on credit positions during loan due diligence, structuring and negotiation process. Review Finance Memos for large transactions for quality control and clearance to proceed to the Credit Committee
Recommend decisions pertaining to potential new and existing facilities and customer relationships, including credit approvals, restructuring, loan classification, provisions, and write-offs. ·
Lead Credit Committee meetings and monthly watchlist committee meetings and provide meaningful input into risk appetite, portfolio management and collections strategies as well as detecting and evaluating shifts or changes in key risk parameters and the effects of such changes on portfolios and relationships.
Own SunFunder’s Risk Appetite Statement and Credit Policies and ensure that the team is in compliance with these.
Deliver on portfolio quality KPIs in a transparent and effective way to ensure Management can plan for potential losses.
Ensure that all internal and external reporting on portfolio quality is completed accurately, on time and with appropriate insights. Engage with SunFunder’s top debt investors on fund compliance, credit risk policies and portfolio-level issues.
Provide periodic reviews and trainings for the investment team on credit risk management. Regularly review process effectiveness and efficiency, and provide feedback to in-country management on a regular basis.
- Manage a Portfolio Manager and Portfolio Analyst to ensure that fund portfolios meet diversification and low default criteria, that regular and high quality customer monitoring takes place and that non performing loans are quickly actioned to avoid losses.
: Bachelor's degreeRequired relevant work experience
: 7 yearsRequired skills
: Business strategy; Operative management; Financial analysis; Sales performance tracking and reporting; Fraud risk assessment and management; Investment adviseRequired languages:
English (Spoken: fluent | Written: fluent)