Credit Underwiter

Role Summary

This Job Profile is not validated by Subject Matter Experts yet.

Manage a team of operational risk specialists and analysts to develop, implement, communicate and measure the effectiveness of operational risk policies, procedures, and standards for a particular business unit or function. Work closely with line and operations staff; review and act upon risk information; incentivize risk management behaviors and network with other risk management professionals to create a strong risk management culture.

Job Responsibilities

Financial Management and Control

Develop and/or deliver a plan for significant aspects of the financial management and/or control process.

Financial Policies, Guidelines, and Protocols

Create a plan to deliver and review financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Risk Scenario Modeling

Analyze and assess the risks associated with products/individual applications/new business areas/the market to quantify risk and ensure it is within the agreed risk appetite.

Leadership and Direction

Communicate the local action plan; explain how this relates to the function's strategy and action plan, and the broader organization's mission and vision; motivate people to achieve local business goals.

Performance Management

Respond to personal objectives and use performance management systems to improve personal performance.  OR Monitor the performance of the team; allocate work and review completion, take appropriate corrective action to ensure timeliness and quality; contribute to formal individual performance management and appraisal.

Organizational Risk Management

Ensure the organization is not exposed to undue risks by using risk management systems to achieve specific goals within a designated area of the business.

Horizon Scanning

Explore and develop a detailed understanding of external developments or emerging issues and contribute to the evaluation of their potential impact on, or usefulness to, the organization.

Operational Compliance

Maintain and renew a deep knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct, and ensure own work adheres to required standards. OR Identify, within the team, patterns of non-compliance with the organization's policies and procedures, and with relevant regulatory codes and codes of conduct, taking appropriate action to report and resolve these and escalating issues as appropriate.

Organizational Capability Building

Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions to build their capabilities. Provide training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.

Audit Compliance

Manage a portfolio of audit assignments, ensuring that the team plans and delivers audits that cover identified risk areas and that appropriate corrective actions are agreed on with auditees. Resolve issues arising from audits and refer serious or contentious issues to the audit program leader.

Budgeting

Deliver a budget for an area of the organization or conduct complex analyses on budget progress in other areas of the organization.

Education