Head of Private Banking Credit Risk

Job Summary

Head of Private Banking Credit Risk reporting to the Chief Credit Officer, responsible for establishing and overseeing a comprehensive credit risk framework for high-net-worth and ultra-high-net-worth portfolios. Leads portfolio risk analytics, underwriting standards, and ongoing monitoring to ensure disciplined growth, strong asset quality, and alignment with the bank’s risk appetite. Partners closely with front office, legal, and compliance to balance client service with prudent risk management, while supporting data-driven decision-making and regulatory readiness. Builds and mentors high-performing teams, fostering a culture of accountability, transparency, and continuous improvement.

Job Responsibilities

• Develop and maintain credit risk policies, underwriting standards, and approval frameworks for private banking portfolios.
• Oversee portfolio analytics, monitoring, and reporting to identify emerging risks and ensure alignment with risk appetite.
• Review and approve complex credit transactions, provide independent challenge and risk guidance.
• Partner with front office, legal, and compliance to balance client objectives with prudent risk management.
• Ensure adherence to regulatory requirements and support internal and external examinations.
• Lead stress testing, scenario analysis, and concentration risk assessments.
• Establish and track key risk indicators (KRIs) and management reporting for executive leadership.
• May be responsible for talent management functions including employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance requirements.

Additional Accountabilities

• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance training.

Job Requirements

• Required Qualifications:
• Education level required: Undergraduate Degree (4 years or equivalent) in Business, Finance or related field.
• Minimum experience required: 15+ Years Credit Risk, Risk Management, Finance or related field.
• Preferred Qualifications:
• Education level preferred: Master's Degree (or Postgraduate equivalent) Business, Finance or related field.