Head of Credit Vacancy

Join the Team at Lidion Bank!

At Lidion Bank, we blend traditional banking values with modern, innovative solutions. We are committed to providing comprehensive financial services across a variety of industries, with a particular focus on technology and digital advertising.

The Head of Credit (Operations) at the Bank plays a crucial role in shaping and maintaining the integrity of the Bank's credit functions. The individual will lead the credit approval process, ensuring all activities are in compliance with the Bank’s policies and procedures.

‍‍‍Position: Head of Credit

‍Primary Responsibilities:
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• Ensuring the credit department maintains high standards of customer service and satisfaction. This includes addressing customer concerns and disputes related to credit decisions and fostering a culture of transparency and trust.

• Leading the credit operations department by establishing and communicating a clear vision. This involves setting strategic objectives that align with the Bank's overall goals, especially in terms of financial stability and growth.

• Facilitating collaboration between the credit department and other departments within the Bank, such as sales, marketing, and compliance, to ensure a unified approach to customer service, risk management, and product development.

• Managing the due diligence and credit approval processes, adhering strictly to the Bank’s established policies and procedures to maintain high standards of creditworthiness and risk management.

• Ensuring that credit deals are priced in accordance with the Bank’s pricing strategy, maintaining a balance between risk, profitability, and market competitiveness.

• Overseeing the adoption and implementation of technological advancements and innovations in credit analysis, processing, and management.

• Responsible for managing the Bank's credit portfolio, aligning it with the institution's credit risk strategy. This includes conducting thorough analyses, performing stress tests, and ensuring overall portfolio health.

• Keeping abreast of market trends, economic indicators, and regulatory changes that may affect the Bank's credit policies and practices. Providing strategic support to business development initiatives by identifying new opportunities and advising on potential risks.

• Charged with issuing credit-related reports and conducting thorough analyses and stress tests on the Bank’s loan portfolio.

• Responsible for providing key information and participation to the different committees.

• Tasked with formulating, developing, and setting policies, procedures, and guidelines related to the credit process, ensuring they comply with MFSA guidelines and industry best practices.

• Accountable for contributing to regulatory reporting on credit and ensuring compliance with all relevant regulations and guidelines.

• Responsible for managing, supervising, and elevating the competence levels of officials within the credit department.

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‍Core Competencies:

• Advanced Excel skills and proficiency in handling large data sets.

• Strong analytical and problem-solving abilities.

• Excellent communication and interpersonal skills.

• Effective organisational and multitasking abilities.

• Independent working and decision-making capacity.

• Commitment to meeting deadlines and delivering results.

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‍Education and Experience:

• Educational Background: A bachelor's degree in finance, business administration, economics, or a related field is required. A master's degree or relevant professional certifications, such as Chartered Financial Analyst (CFA)

• A minimum of 7 years of progressive experience in credit management within the banking or financial services industry, including at least 5 years in a senior leadership role overseeing credit operations.

• Industry Knowledge: In-depth understanding of credit risk assessment, credit policies, and regulatory compliance, with a proven track record of managing credit portfolios and leading credit teams.

• Comprehensive knowledge of industry regulations and compliance standards, ensuring adherence to legal and regulatory requirements in all credit operations.

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‍Employee Centric Benefits at Lidion Bank

Lidion Bank's Employee-Centric Benefits Scheme provides a personalized annual package, encompassing gym memberships, parking, food plans, mobile expenses, various insurances, and travel. It also includes unique perks like hobby contributions, paid volunteer days, and pet care, all designed to offer meaningful benefits to every team member.

Personal Development

Each member of the Lidion Bank team has the opportunity to access Udemy Business entirely free of charge (subject to change). This initiative underscores Lidion Bank's commitment to fostering a culture of continuous learning and professional growth. Recognizing the importance of ongoing education, Lidion Bank also allows specific hours every month for employees to explore the range of courses that are not just directly related to their current roles but also those that align with their career and personal aspirations.

‍Embark on this Exciting Journey with Us

At Lidion Bank, we don't just offer jobs; if you have the skills, passion, and drive, we invite you to join our team and help shape the future of banking. Send your CV today at : hrm@lidionbank.com

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