Role Description
This is a temporary remote role for a Loan Originator. The consultant should have implemented risk-based pricing and internal rating models for at least 5 banks . The consultant should be able to demonstrate an understanding of digital lending products i.e. The outcome should include models to support digital lending for the following but not limited to :
• Customers term loans
• Customers payday loans
• Customers micro loans
• Scheme loans
• MSME micro loans to marketers and small businesses
• Trade finance
• Temporal Overdrafts
Overall Internal Rating Models Scope
• Review the existing loan underwriting manuals and create a gap assessment report based on observed holes in client credit risk assessment.
• Analyze the loan portfolio and make recommendations on how many internal rating models to construct and how to apply them to different company divisions.
• These recommendations should be based on the local and regional business contexts and best practices.
• Propose credit rating criteria and weights for the various models for consideration by the Bank's management team.
• Create internal rating models for the agreed-upon portfolios, including the essential parameters.
• Collaborate with the Bank's team to back-test each model based on the initial models created.
• Submit your observations from the initial back-testing, and adjust the model parameters as needed.
• Please submit the Governance structure for model adoption, review, maintenance, and reporting.