Risk Manager

Job Purpose:

Manage the company’s overall risk management activities by developing, implementing, and maintaining effective risk management frameworks, policies, processes, and controls and identifying, assessing, monitoring, and mitigating financial and non-financial risks while ensuring alignment with the company’s risk appetite, strategic objectives, and regulatory requirements.

Main Responsibilities:

• Monitor portfolio performance and identify key risk trends and emerging risks to ensure timely identification and mitigation of potential portfolio deterioration.
• Develop, review, and enhance credit policies and lending criteria to ensure effective credit decision making and alignment with the company’s risk appetite.
• Segment and analyze the portfolio by product, customer segment, geography, vintage, and risk profile to identify risk concentrations and portfolio performance trends.
• Develop and monitor risk appetite, portfolio limits, and Key Risk Indicators (KRIs) to ensure portfolio exposures remain within approved risk parameters.
• Analyze portfolio quality, including PAR, NPLs, roll rates, vintage analysis, and migration trends to assess portfolio health and identify areas requiring corrective action.
• Design and enhance credit strategies based on portfolio performance and observed risk trends to support sustainable portfolio growth while maintaining acceptable risk levels.
• Review and optimize credit scoring and decisioning strategies to improve credit assessment accuracy and ensure consistent risk-based lending decisions.
• Develop risk-based pricing strategies and assess the impact of policy changes on portfolio performance and profitability to balance risk exposure with business growth and financial returns.
• Develop early warning indicators and proactive portfolio management actions to identify potential deterioration at an early stage and minimize credit losses.
• Collaborate closely with Business, Product, Collections, Finance, and Data/Analytics teams to ensure effective risk management and sustainable portfolio growth.
• Conduct portfolio stress testing and scenario analysis to assess potential credit risk impacts under adverse economic and business conditions.
• Provide senior management and relevant committees with regular portfolio risk insights and recommendations to support informed decision-making and effective portfolio risk management.

Job Requirements :

• Bachelor’s degree in finance, Business, Risk Management, or a related field
• Master’s degree in finance, Risk Management, Business Administration, or a related field is preferred.
• Minimum of 7 years of progressive risk management experience, preferably within the financial services or consumer finance industry
• Extensive experience in portfolio performance monitoring, segmentation, and risk trend analysis, to ensure effective identification of portfolio deterioration and emerging risk
• In-depth knowledge of Egyptian regulatory requirements (FRA, CBE), EAS, IFRS, and global risk frameworks (e.g., COSO, Basel)
• Strategic risk management and analytical thinking
• Leadership, team building, and communication skills
• Strong financial analysis and risk modeling capabilities
• Crisis management and business continuity planning
• Problem-solving and decision-making under pressure
• Problem-solving and decision-making under pressure.
• Certified Risk Management Professional (CRMP), Financial Risk Manager (FRM), or equivalent preferred
• Enterprise Risk Management and Regulatory Compliance training