Credit Risk Department Head

About the Role:

To lead and oversee the Bank's second-line Credit Risk function by establishing and maintaining an effective Credit Risk Management Framework covering credit risk governance, underwriting standards, portfolio monitoring, stress testing, credit analytics and credit policy. The role is responsible for ensuring that credit risks are independently identified, measured, monitored, challenged and reported while supporting sustainable business growth in accordance with the Bank's Risk Appetite Framework and applicable regulatory requirements.

• Develop, implement and continuously enhance the Bank's Credit Risk Management Framework in line with the Bank's strategy, Risk Appetite Framework and regulatory requirements.
• Provide independent second-line oversight and challenge over the Bank's credit risk-taking activities, underwriting standards, portfolio quality and credit approval governance.
• Oversee portfolio risk monitoring to identify emerging risks, concentration risks, deterioration trends and early warning indicators across all lending products.
• Lead portfolio analytics, stress testing, scenario analysis and forecasting to support proactive credit risk management and strategic decision-making.
• Review and challenge new lending products, credit programmes, strategic initiatives and business proposals to ensure credit risks are appropriately identified, assessed and mitigated before implementation.
• Ensure that credit underwriting standards remain appropriate, consistently applied and aligned with the Bank's risk appetite.
• Oversee the development, implementation and periodic review of Credit Risk policies, methodologies, standards, limits and governance.
• Review and monitor credit risk appetite metrics, portfolio concentration limits and key risk indicators, recommending corrective actions where necessary.
• Ensure timely preparation of Credit Risk reports for Senior Management, Risk Committees and regulators.
• Ensure compliance with all applicable regulations issued by OJK, Bank Indonesia, LPS and other relevant regulatory authorities relating to Credit Risk.
• Collaborate closely with Business, Credit Review, Treasury, Finance, Compliance, Internal Audit and other stakeholders while maintaining the independence of the second-line Risk function.
• Drive continuous improvement in credit risk analytics, data quality, automation, reporting capabilities and digital risk management practices.
• Lead, develop and coach the Credit Risk team while fostering a culture of integrity, accountability and continuous improvement.

About You:

• Minimum Bachelor's Degree (S1) in Finance, Economics, Accounting, Business Administration, Mathematics, Statistics, Actuarial Science, Engineering or other relevant disciplines from a reputable university.
• Strong knowledge of banking regulations issued by OJK, BI and LPS relating to Credit Risk.
• Comprehensive understanding of Credit Risk Management Frameworks within commercial and digital banking.
• Strong understanding of underwriting, scorecards, credit analytics, probability of default (PD), loss given default (LGD), expected credit loss (ECL), IFRS 9/PSAK 71 concepts and portfolio management.
• Strong knowledge of stress testing, concentration risk management and risk appetite management.
• Experience developing Credit Risk policies, standards, methodologies and governance frameworks.
• Strong analytical and quantitative capabilities.
• Excellent stakeholder management skills.
• Excellent writing, documentation & communication skills in both Bahasa Indonesia & English.
• Ability to present complex Credit Risk issues to Senior Management and Board Committees.
• Professional certifications such as FRM, PRM, CFA, CRM or equivalent will be an advantage.
• Minimum 10 years of experience in Banking Risk Management or Credit Risk.
• Minimum 5 years in a managerial role.
• Strong experience in second-line Credit Risk within commercial or digital banks.
• Experience interacting with regulators and auditors.
• Experience leading portfolio analytics, stress testing and governance reporting.
• Experience leading high-performing Credit Risk teams.
• In-depth experience in a digital banking credit environment will be an advantage.