Manager – Credit Risk

MeDirect is a Maltese digital bank, founded in 2004, with over 160,000 clients and operations in Malta and Belgium. We offer a wide range of financial services to both retail and corporate clients, including daily banking, savings, and corporate services.

We are always on the lookout for determined and hard-working individuals who are eager to take the next step in their career. At MeDirect, we strive to provide an exceptional employment experience, fostering growth, collaboration, and innovation.

Role Overview:

As Manager – Credit Risk, you will play a role in shaping the institution’s credit risk strategy, with a particular focus on real estate lending and diversified corporate exposures. Acting as a manager of the credit risk function, you will leverage your expertise in credit analysis, portfolio management, and risk governance to drive robust risk assessment and oversight across complex lending portfolios.

You will lead the evaluation and challenge of credit proposals, ensuring alignment with the institution’s risk appetite and regulatory expectations. Your responsibilities will include the preparation and quality assurance of corporate credit memos and risk assessments, conducting periodic portfolio reviews to identify emerging risks, sectoral trends, and concentration issues, and collaborating closely with front office, finance, and risk analytics teams to maintain rigorous credit risk controls and reporting.

In this role, you will contribute to the ongoing development and enhancement of credit risk policies, procedures, and frameworks, and engage with internal and external stakeholders - including regulators, auditors, and senior management - on all matters related to credit risk. 

Duties and responsibilities:

• Manage the assessment and oversight of credit risk across real estate and non-real estate corporate lending portfolios
• Develop, review, and challenge credit proposals, ensuring alignment with risk appetite and regulatory expectations
• Implement the preparation and quality assurance of risk assessments
• Conduct periodic portfolio reviews to identify emerging risks, sectoral trends, and concentration issues
• Collaborate with front office, finance, and risk analytics teams to ensure robust credit risk controls and reporting
• Contribute to the development and enhancement of credit risk policies, procedures, and frameworks
• Engage with internal and external stakeholders, including regulators, auditors, and senior management, on credit risk matters
  

Required knowledge, skills and experience:

• Bachelor’s or Master’s degree in Finance, Economics, Risk Management, or a related field
• 7-10 years of experience in credit risk, lending, or financial analysis within banking or financial services
• Proven experience in credit risk management, specialising in real estate lending and corporate credit across different asset classes
• Knowledge of vessel financing structures and cash flow lending methodologies would be an advantage
• Strong analytical and decision-making skills, with the ability to challenge and influence stakeholders
• Excellent written and verbal communication skills, particularly in drafting and reviewing credit memos
• Experience in conducting portfolio reviews and presenting findings to senior leadership