Credit Risk Policy – Mortgage

PT Bank SMBC Indonesia Tbk; Jakarta Pusat; On-site; IDR 167,400,000 - 279,000,000; Full time

Job summary

PT Bank SMBC Indonesia Tbk is seeking a Credit Risk Policy – Mortgage professional to develop, review, and maintain mortgage credit risk policies ensuring sound lending practices and portfolio quality. You will work with stakeholders to align policies with risk appetite, regulatory requirements, and internal risk frameworks, while strengthening policy implementation across branches.

Key responsibilities include monitoring credit quality indicators, updating policies, and conducting periodic

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or related field.
• Minimum 5 years of relevant experience in credit risk, credit policy, underwriting, or mortgage/consumer banking.
• Strong knowledge of mortgage/retail credit risk management and policy development.

Responsibilities

• Develop, review, and update mortgage credit risk policies, standards, guidelines, and procedures.
• Ensure mortgage credit policies align with regulatory requirements and internal risk frameworks.
• Conduct periodic reviews of policies based on portfolio performance and market conditions.
• Conduct credit risk assessments to ensure policy implementation across branches.
• Identify gaps and exposures arising from policy implementation.

Skills

Credit risk management

Policy development

Credit underwriting

Portfolio management

Delinquency management

Education

Bachelor's degree in Finance/Economics/Accounting/Business Administration/Risk Management

Job description

We are looking for a Credit Risk Policy – Mortgage professional to develop, review, and maintain mortgage credit risk policies that support sound lending practices, portfolio quality, regulatory compliance, and sustainable business growth.

In this role, you will work closely with relevant stakeholders to ensure mortgage credit policies remain aligned with the Bank’s risk appetite, regulatory requirements, internal risk frameworks, and evolving market conditions. You will also play an important role in strengthening credit risk awareness and ensuring effective policy implementation across branches.

Key Responsibilities:

• Support the timely achievement of NPAT while maintaining healthy mortgage portfolio quality, monitor and support the achievement of credit quality indicators, including RR, SM, and NPL, as well as Cost of Credit (COC) indicators such as write-off, provision, and recovery.
• Ensure credit risk management practices are implemented in accordance with established targets and the Bank’s risk appetite
• Develop, review, and update mortgage credit risk policies, standards, guidelines, and procedures.
• Ensure mortgage credit policies are aligned with applicable regulatory requirements, internal risk frameworks, risk appetite, and relevant industry practices.
• Conduct periodic reviews of existing policies based on portfolio performance, emerging credit risks, regulatory developments, and market conditions.
• Conduct credit risk assessments to ensure the implementation and adherence to retail credit policies across branches.
• Identify potential gaps, weaknesses, and credit risk exposures arising from policy implementation.

Job Qualifications:

• Bachelor’s degree in Finance, Economics, Accounting, Business Administration, Risk Management, or a related field.
• Minimum 5 years of relevant experience in Credit Risk, Credit Policy, Credit Underwriting, Credit Portfolio Management, or Mortgage/Consumer Banking, preferably within the banking or financial services industry.
• Solid understanding of mortgage/retail credit risk management, including credit assessment, portfolio quality monitoring, credit risk mitigation, and delinquency management.
• Strong knowledge of credit risk policy development and implementation, including the ability to translate business and risk requirements into clear policies, standards, and procedures.
• Good understanding of applicable Bank Indonesia/OJK regulations, internal credit risk frameworks, and banking risk management principles.
• Familiarity with credit quality and portfolio risk indicators such as NPL, Special Mention, Risk Rating, provision, write-off, recovery, and Cost of Credit (COC).