Credit Review Manager

About the Role

Alfanar is seeking a Credit Review Manager to join their team in Riyadh. This full-time role involves leading the credit review function to assess customer creditworthiness, monitor credit exposures, and identify key risks. The manager will ensure compliance with the company’s credit policies and risk appetite, providing 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.
• Ensure credit review activities align with the Company’s credit governance framework, risk appetite, and financial policies.
• Monitor compliance with approved credit policies, procedures, delegated authorities, and credit approval requirements.
• Maintain accurate and up-to-date credit information to support effective credit review, monitoring, and decision-making.
• Prepare periodic credit review and risk reports for management, highlighting key exposures, trends, and exceptions.
• Coordinate with business, finance, collections, risk, and other stakeholders to obtain necessary information.
• Communicate credit review findings, risk observations, and recommendations clearly to relevant stakeholders and management.

Role Accountabilities

• Recruit, recognize, and cultivate high performers to develop a robust second line of management.
• Manage low performers through guidance or appropriate action, ensuring fair treatment and performance-based assessment.
• Take full responsibility for operations as per the job description and deliverables, adhering to company guidelines.
• Anticipate problems and implement proactive steps to prevent them, making timely and proper decisions.
• Deliver required results in a timely manner, meeting quality and cost standards, and exceeding business expectations.
• Transform corporate goals into business plans, monitoring performance and initiating corrective actions.
• Develop the organizational structure according to current and future requirements, ensuring job descriptions are available for all roles.
• Develop and coordinate written systems, policies, and procedures, seeking automation opportunities.
• Ensure a safe, secure, and legal work environment in accordance with standard regulations.

Qualifications and Experience

• Candidates should possess 5-10 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 focus on quality as a prime competitive advantage for Alfanar.