UNWANAOBONG DAVID
Luxembourg
Summary
Accomplished Credit Risk Management Executive with 19 years of expertise in crafting and implementing innovative credit risk strategies. Proven track record in developing robust credit policies, assessing creditworthiness, and optimizing risk-return profiles underscores a commitment to driving financial performance. Strategic thinking, combined with a deep understanding of market trends and regulatory dynamics, enables effective mitigation of credit risk while maximizing revenue opportunities. Demonstrated success in leading cross-functional teams and fostering data-driven decision-making processes ensures compliance with industry standards, ultimately enhancing credit portfolio performance and promoting sustainable financial growth.
Overview
19
19
years of professional experience
Work History
Vice President: Credit Risk Management – Europe, Middle East & Africa (EMEA)
JPMorgan Chase Bank
07.2023 - Current
- Post my engagement with the firm, i manage a credit risk portfolio exceeding €750M across EMEA, Implement strategic risk management and mitigation plans, Reduced credit risk exposure significantly by streamlining processes, Supervised risk analysis team based out of India and handled a single ticket transaction of over €100M, Streamlined credit approval processes, Developed risk mitigation plans, Achieved successful audit results with the European Central Bank, Maintained solid lender relationships and Implemented risk calculation models.
Country Head of Credit Risk Management
NCBA Tanzania Limited
07.2020 - 10.2022
- Review of credit proposals and approval within delegated sanctioned limit. Deal structuring and recommendation to the board credit committee
- Formulation and constant review of the bank’s credit policy and establishment of a regime of controls and disciplines that ensures compliance with lending principles and guidelines laid down in the credit policy document
- Continually review sectoral ceilings; discretionary authorities; portfolio measures; including industry limits, tenor limits, risk rating, NPLS, risk acceptance criteria, security acceptance and credit risk matrices.
- Optimize effectiveness and utilization of PELDEC in credit application processing and risk management.
- Ensuring adherence to all regulatory reporting standards and requirement.
- Ensuring that provisioning policies are in line with the bank’s credit policy document, comply with banking act provisions and co-ordinate with finance division to ensure appropriate provisions and interest suspensions are effected in the bank’s accounting systems.
- Management of the credit appraisal system, ensuring that appropriate reviews of credit proposals are undertaken on a timely basis.
- Ensure continued maintenance of a quality portfolio in line with NCBA standards as stipulated in policy guidelines
- Implementation of new and effective dimensions on portfolio risk management especially in line with NCBA’s regional growth strategy.
- Implementation of automated processes to minimize manual interventions thereby increasing efficiencies in delivery of credit products at both personal and corporate lending levels.
- Provide ongoing relevant training to all bank staff involved in lending business to address identified skill gaps.
- Identification and management of the sub-standard and non-performing assets portfolio of the bank in line with the credit policy document and recommend action to EXCO and the Board, which minimize losses and facilitate full recovery of any exposure taken by the bank.
- Initiate review of industry and sector economic analysis and compile statistical information including macro-economic information, indices and provide feedback to the Senior Management Team, EXCO and the Board on the possible impact of identified trends.
- Provide technical support to the Executive Committee on the management of the bank’s credit portfolio and the review and approval process for credit proposals.
- Management of the credit administration aspects of the portfolio, including ensuring that all requisite security documentations are in place prior to disbursements.
- Organize, manage and motivate the available human capital within credit risk management division through establishment of suitable organization structure and implementing development programs to optimize competence and productivity
- Committee Membership
- Board Credit Committee
- Board Audit And Risk Committee
- NCBA Tanzania Executive Management Committee (EXCOM)
- Management Credit Committee
- Asset And Liability Committee
- Operations And Risk Committee
- Recovery Committee
Head of Credit Risk Management
Commercial Bank of Africa (Tanzania) Limited
07.2018 - 07.2020
- Formulation and constant review of the bank’s credit policy and establishment of a regime of controls and disciplines that ensures compliance with lending principles and guidelines laid down in the credit policy document
- Continually review sectoral ceilings; discretionary authorities; portfolio measures; including industry limits, tenor limits, risk rating, NPLS, risk acceptance criteria, security acceptance and credit risk matrices.
- Optimize effectiveness and utilization of PELDEC in credit application processing and risk management.
- Ensuring that provisioning policies are in line with the bank’s credit policy document, comply with banking act provisions and co-ordinate with finance division to ensure appropriate provisions and interest suspensions are effected in the bank’s accounting systems.
- Management of the credit appraisal system, ensuring that appropriate reviews of credit proposals are undertaken on a timely basis.
- Ensure continued maintenance of a quality portfolio in line with CBA standards as stipulated in policy guidelines
- Implementation of new and effective dimensions on portfolio risk management especially in line with CBA’s regional growth strategy.
- Implementation of automated processes to minimize manual interventions thereby increasing efficiencies in delivery of credit products at both personal and corporate lending levels.
- Provide ongoing relevant training to all bank staff involved in lending business to address identified skill gaps.
- Identification and management of the sub-standard and non-performing assets portfolio of the bank in line with the credit policy document and recommend action to EXCO and the Board, which minimize losses and facilitate full recovery of any exposure taken by the bank.
- Initiate review of industry and sector economic analysis and compile statistical information including macro-economic information, indices and provide feedback to the senior management team, EXCO and the Board on the possible impact of identified trends.
- Provide technical support to the executive committee on the management of the bank’s credit portfolio and the review and approval process for credit proposals.
- Management of the credit administration aspects of the portfolio, including ensuring that all requisite security documentations are in place prior to disbursements.
- Organize, manage and motivate the available human capital within credit risk management division through establishment of suitable organization structure and implementing development programs to optimize competence and productivity
- Committee Membership
- Board Credit Committee
- Board Audit And Risk Committee
- NCBA Tanzania Executive Management Committee (EXCOM)
- Management Credit Committee
- Asset And Liability Committee
- Operations And Risk Committee
- Recovery Committee
Acting Group Head of Credit Risk Management
Commercial Bank of Africa (Kenya) Limited
06.2019 - 10.2019
- Support the credit risk management architecture on all request in the absence of the Group Head Of Credit Risk Management during a 4 months secondment period
- Credit approvals within delegated authority limits
- Review and recommendation of credit deals for the board credit committee approvals
- Presentation of credit packs during the Board Credit Committee meeting and ADHOC demands from the board
- Portfolio review and determination of industry ceilings
Group Credit Policy / Credit Product Development
United Bank for Africa PLC (Nigeria)
11.2017 - 05.2018
- Review and asses the current credit product offering and propose enhancements to it, in order to bridge any gaps against core competitors
- Maintaining the credit policies for all products in line with the approved frameworks, ensuring gap analysis and escalation/ approval of exceptions
- Proactively manage risk by reviewing portfolio performance on a timely basis, analyze trends, identify issues and opportunities and recommend actions to improve product profitability.
- Maintain all regional and global submissions specific to the business, for both unsecured and secured portfolio
- Interfacing with the strategic business units to develop new credit products and deployment of approved credit product programs.
Country Head of Credit Risk Management / Chief Credit Officer
United Bank for Africa (Tanzania) Ltd
09.2013 - 11.2017
- Review all credit requests emanating from the business offices in line with the bank’s credit review process and recommending qualifying proposals to management / Board for approval.
- Process credit requests within turnaround time detailed in service level agreements.
- Ensure pricing of credits adequately compensate for associated risks
- Facilitate credit training for relationship managers
- Support relationship managers in finalizing credit deals
- Credit risk management policy development, review and implementation
- Development of new credit products to drive the capturing of identified market segment
- Management of the credit risk management architecture of the bank
- Management of the banks non-performing loan portfolio vis a vis development and implementation of the collection strategy
Team Lead – Credit Analysis West / Central Africa
United Bank for Africa PLC (Nigeria)
01.2008 - 01.2013
- Review all credit requests emanating from West / Central Africa subsidiaries in line with the bank’s credit review process and recommend qualifying proposals to management / Board for approval.
- Process credit requests within turnaround time detailed in service level agreements.
- Ensure pricing of credits adequately compensate for associated risks
- Follow up on all credit requests from the assigned African subsidiaries for executive management approval.
- Advise relevant officers of the approval or otherwise of their credit requests.
- Provide advice or counsel to relationship officers of the region on credit packaging/structuring and issues relating to the credit process in the bank.
- Country visits to meet and negotiate credit deals with top tier corporate clients of the bank
- Selected Achievements
- Facilitated the banks participation in a petroleum products financing deal in Senegal in excess of US$150million.
- Facilitated the banks funding of Ghana cocoa board up to a limit of US$25million for payment to wholesale suppliers of cocoa
- Facilitated the banks participation in funding the treasury of chad up to a limit of US$50Million
International Expansion
United Bank for Africa PLC (Nigeria)
01.2007 - 01.2008
- Prepare regional expansion strategy
- Evaluate and recommend entry strategy into selected countries
- Desk / in country visit to facilitate research on selected countries
- Identify, evaluate & recommend required consultants to support regional expansion
- Facilitate exploratory visits to selected countries
- Prepare business plan & five year financial projection plan
- Compile application materials and other relevant documents
- Submit application for banking License
- Establish contacts and follow up with relevant regulatory authorities on status of application
- Support Country Chief Executive Officer to setup and launch
- Selected Achievements
- Heavily involved in the process that Secured The Banks Banking License In Zambia, Democratic Republic of Congo, Senegal, Tanzania, Liberia, Sierra Leon and Uganda
Education
MBA -
University of Dar Es Salaam
Tanzania01.2017
B.Sc. - Accounting
University of Calabar
Calabar, Cross River State01.2002
Skills
- Revenue Growth Generation
- Loan Origination, Structuring and Approval
- Regulatory Compliance
- Corporate Relationship Management
- New Business Development
- Project Management
- Strategic Management
- Risk Management
- Critical thinking
- Decision-making
- Relationship building
- Team leadership
Accomplishments
- Facilitated the banks participation in two transactions worth in excess of US$250mio syndicated loan wherein the bank contributed a total of US$50mio
- Facilitated the banks active play in the oil and gas sector in Tanzania with a portfolio in excess of US$55million
- Facilitated the banks involvement in financing both green / brown field expansion of the energy sector in Tanzania with a portfolio in excess of USD75million
- Development of UBA Tanzania loan syndication policy
- Development of UBA Tanzania insurance premium financing product paper
- Reduction of the banks global non-performing loan (NPL) to below 5%
- Facilitated the banks participation in a petroleum products financing deal in Senegal in excess of US$150million.
- Facilitated the banks funding of Ghana cocoa board up to a limit of US$25million for payment to wholesale suppliers of cocoa
- Facilitated the banks participation in funding the treasury of chad up to a limit of US$50Million
- Heavily involved in the process that Secured The Banks Banking License In Zambia, Democratic Republic of Congo, Senegal, Tanzania, Liberia, Sierra Leon and Uganda
Interests
Listening to Music, Travelling, Meeting People
COMPUTER KNOWLEDGE
- Proficiency in the use of Micro – Soft Office Suites: Micro Soft Excel, Power Point, Word, Outlook
- Proficiency in the use of Accounting packages – Sage Pastel, Sun Systems
Languages
English
Bilingual or Proficient (C2)
Timeline
Vice President: Credit Risk Management – Europe, Middle East & Africa (EMEA)
JPMorgan Chase Bank
07.2023 - Current
Country Head of Credit Risk Management
NCBA Tanzania Limited
07.2020 - 10.2022
Acting Group Head of Credit Risk Management
Commercial Bank of Africa (Kenya) Limited
06.2019 - 10.2019
Head of Credit Risk Management
Commercial Bank of Africa (Tanzania) Limited
07.2018 - 07.2020
Group Credit Policy / Credit Product Development
United Bank for Africa PLC (Nigeria)
11.2017 - 05.2018
Country Head of Credit Risk Management / Chief Credit Officer
United Bank for Africa (Tanzania) Ltd
09.2013 - 11.2017
Team Lead – Credit Analysis West / Central Africa
United Bank for Africa PLC (Nigeria)
01.2008 - 01.2013
International Expansion
United Bank for Africa PLC (Nigeria)
01.2007 - 01.2008
B.Sc. - Accounting
University of Calabar
MBA -
University of Dar Es Salaam