Credit Review Manager

About the Role

Alfanar Projects is seeking a Credit Review Manager to lead the credit review function in Riyadh. This full-time role involves assessing customer creditworthiness, monitoring credit exposures, identifying key risks, and ensuring compliance with company credit policies and risk appetite. The manager will provide timely credit insights and recommendations to support effective risk management and informed business decisions.

Key Responsibilities

• Lead and oversee the credit review process for customer accounts in accordance with approved credit policies, procedures, and risk appetite.
• Conduct comprehensive reviews of customer creditworthiness, financial position, payment performance, and overall credit exposure.
• Assess the adequacy of credit facilities, limits, terms, and conditions, recommending appropriate actions based on identified risks.
• Identify credit weaknesses, exceptions, and emerging risks, ensuring timely escalation to relevant stakeholders.
• Monitor compliance with approved credit policies, procedures, delegated authorities, and credit approval requirements.
• Recommend appropriate risk mitigation measures for customers with elevated credit risk or deteriorating financial performance.
• Maintain accurate and up-to-date credit information, ensuring completeness, accuracy, and integrity of customer credit data.
• Prepare periodic credit review and risk reports for management, highlighting key exposures, trends, and exceptions.
• Coordinate with business, finance, collections, and risk stakeholders to obtain necessary information for effective credit reviews.
• Communicate credit review findings, risk observations, and recommendations clearly to relevant stakeholders and management.

Role Accountability

• Recruit, recognize, and cultivate high performers to build a robust second line of management.
• Take full responsibility for operations as per the job description and required deliverables, adhering to company guidelines.
• Anticipate problems and take proactive steps to prevent them, making timely and proper decisions.
• Deliver required results in a timely manner with specified quality and cost.
• Make a tangible difference to the area of operation and exceed business expectations.
• Transform corporate goals into business plans, monitoring performance and initiating corrective actions.
• Develop the organizational structure according to current and future requirements.
• Develop and coordinate well-defined written systems, policies, and procedures, seeking automation opportunities.
• Ensure a safe, secure, and legal work environment as per standard regulations.

Qualifications and Experience

• Candidates should possess 6-10 years of relevant experience.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia. The role requires adaptation to new techniques, technologies, management structures, and business models, with a strong emphasis on quality as a prime competitive advantage for Alfanar.