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
Skills Required
- 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
- Strong analytical and decision-making skills
- Excellent written and verbal communication skills
- Experience in conducting portfolio reviews and presenting findings to senior leadership
What We Do
MeDirect (formerly known as Mediterranean Bank) is a pan-European retail digital challenger bank, with two main lines of business: WealthTech and specialised mortgage lending. As a WealthTech, our aspiration is to democratise investing and disrupt the retail digital investment space by deploying a unique Wealth SuperApp offering one of the broadest range of online investment solutions to individual clients. We provide clients with autonomy, choice and guidance in the way they want to manage their money. Our SuperApp is also a one-stop-shop, catering to clients’ investment and everyday banking needs. All this with simplicity and an easy user experience. As a specialised mortgage lending platform, we carefully select the segments we operate in, with the goal of setting new standards of service for our customers and address, when relevant, underserved segments of the mortgage market in jurisdictions we operate in. With ca. 400 employees at Group level in aggregate, we are growing a world-class Tech platform in Malta to support our pan-European operations, currently in Belgium, the Netherlands and Malta. We compete for talent on an international level, with 25 different nationalities currently represented in the Group. Our work environment is fast paced and constantly changing while fostering a sense of teamwork and pride in participating in MeDirect’s exciting transformation journey. Headquartered in Malta, MeDirect has a subsidiary bank in Belgium, MeDirect Bank NV/SA. MeDirect is Malta’s third largest banking group in terms of total assets. It is a systemic bank in Malta, and its consolidated group is supervised under the Single Supervisory Mechanism by a Joint Supervisory Team including the European Central Bank, the Malta Financial Services Authority and the National Bank of Belgium.
