Risk Manager/Senior Risk Manager

1. Credit Risk Assessment and Management:

• Evaluate creditworthiness of loan applicants for affordable housing finance.
• Conduct thorough analysis of financial statements, credit reports, and other relevant data.
• Develop and implement credit risk policies and procedures.
• Monitor and manage the credit risk exposure of the affordable housing loan portfolio.

2. Portfolio Monitoring:

• Track and analyze the performance of the loan portfolio.
• Identify trends and potential risk factors affecting the portfolio.
• Prepare regular reports on portfolio performance and risk exposure for senior management.

3. Risk Mitigation Strategies:

• Develop and recommend strategies to mitigate credit risk.
• Work with the lending team to structure loans in a way that minimizes risk while meeting the needs of borrowers.
• Implement risk mitigation measures such as collateral requirements and credit enhancements.

4. Regulatory Compliance:

• Ensure compliance with all relevant regulatory requirements and internal policies.
• Stay updated on changes in regulations affecting affordable housing finance.
• Conduct regular reviews and audits to ensure adherence to compliance standards.

5. Stakeholder Collaboration:

• Work closely with the lending, underwriting, and collections teams.
• Communicate effectively with internal and external stakeholders, including borrowers and regulatory authorities.
• Provide training and support to team members on credit risk management practices.

6. Data Analysis and Reporting:

• Utilize advanced data analysis techniques to assess credit risk.
• Prepare detailed credit risk reports for internal and external stakeholders.
• Use risk assessment tools and software to enhance risk management processes.